REFM certification, please tell me about it
Hey everyone. 

So I’m a senior in college majoring in finance, I graduate in May. I’m going into commercial real estate as a broker. 

My ultimate goal is to one day start my own, or work for a real estate private equity. I was told taking a course and getting certified in REFM (real estate financing model) would really be beneficial to my goals and overall career in real estate. 

Anyone who has taken this or knows anyone who has taken it, please tell me how much does it cost generally? Also how long does it take on average? I do know it’s all online so you go at your own pace. 

[AL]
[{"id": "dvssy8z", "text": "I have never taken it, but I would say it depends on the cost.  I will tell you that when I hire analysts, I care more about real world experience than certification.  That said, if it\u2019s between two candidates, both with equal scholastic and interview qualities, but one has the REFM, I\u2019d probably go with the one that has the REFM.  \n\nI don\u2019t think it means a higher salary though, however that\u2019s just me.  What I suggest is that if the certification isn\u2019t too expensive, it\u2019s worth it.  But know that it can help you get the job, but it won\u2019t get you the job if that makes sense.  ", "replies": [{"id": "dvsw5lj", "text": "Agreed. It's equivalent to an office owner improving the lobby: doubtful it'll push rents but it'll likely push down vacancy times. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "dvx93af", "text": "It\u2019s always good to get educated and take more classes, especially in finance models.  I would say \u201cyes\u201d broadly without even asking anything else.  ", "replies": [], "depth": 1}]