[Bay Area] Is a CCIM worth it for Bay Area Brokers?
I have been in commercial property management for a few years now out of college. I am heading towards the brokerage side once I complete my real estate license. I really want to stand out amongst the sea of brokers here in the Bay Area, is putting the time / money into a CCIM certification really going to help me stand out? Unsure if my company will pay for the licensing.
[{"id": "i51irq9", "text": "No", "replies": [], "depth": 1}, {"id": "i51lmdy", "text": "CCIM screams you\u2019re an old time broker that has been out of the business for 10 years", "replies": [{"id": "i52yw9b", "text": "What do you think of The Econic Company brokerage?", "replies": [{"id": "i5ulymr", "text": "Agreed with the ccim sentiment. Outdated designation. \n\nEconic could be a good fit if you\u2019re looking for a boutique shop led by experienced leasing brokers from c&amp;w. \n\nChung has been a top producing leasing broker in the Bay Area for a long time.", "replies": [{"id": "i60s8te", "text": "I really appreciate the feedback! Econic seems like one of the stronger Boutique firms in the bay, although they are mostly retail. \n\nI think Chung is one of the brightest brokers in this market. I am curious to see how they perform throughout the years. I am also curious to see how retail brokerage does in the bay with mostly industrial buying up everything.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i51spqq", "text": "A couple of the classes are good when you are just starting out but the fact or the matter is that a lot of residential fukwits have gotten the designation. Like the people in the my group but not exactly cream of the crop", "replies": [], "depth": 1}, {"id": "i51v7ii", "text": "Definitely worth it. It will make you stand out and the classes will provide a plethora of information that you are currently unaware of. It will prepare you to be a far more productive knowledgeable broker from the jump", "replies": [], "depth": 1}, {"id": "i534u9j", "text": "The courses can be helpful, especially if starting out. They cover the \"bread and butter\" of analysis- very good for those not familiar. \n\nDepending on your situation, the networking can be helpful (IE if you're with a smaller brokerage, and run into a client with requirements in Chicago, LA, TX and UT, you've may have a shot at using the network to ID best local contact) This can also work the other way, if you're known by others in network then you might see things come your way from time to time. If you're with a larger firm then those networks may be largely solved for within the firm though. \n\nNot sure how much the designation carries itself though. Full disclosure, I've done some of the course work and never got around to fully certifying. Still, I don't feel that my career would be substantially different either way though IMHO. Haven't exactly heard \"Would have hired you if you had the CCIM\" Relationships, reputation, and prior experience probably weigh more heavily.", "replies": [], "depth": 1}, {"id": "i53f13m", "text": "Not worth it. Go work at a large national firm with a good training program and hit the damn phones and you\u2019ll be fine.", "replies": [], "depth": 1}, {"id": "im1p2sn", "text": "I'm in LA and the top brokers and highest value deals get done by my chapter / designation holders. Tail end of my journey. Going to Chicago for board exam later this year.", "replies": [], "depth": 1}]