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What certifications/designations make someone more employable to a Real Estate Investment firm?

  • Here's a background on me...I'm 32 with an undergrad degree in Finance from Penn State and a Professional Certificate from NYU in Real Estate Finance & Investment. Also, I'm married with a 2 year old and I live near Cleveland.   Since undergrad I've been working with my father's business acquiring and rehabbing multi-family housing and mixed-use properties. Recently the company has decided to sell off its real estate holdings and focus on a different industry altogether. However, my passion is in real estate, specifically acquisitions and rehabs in urban downtown areas.   In the next 6-12 months I plan to start looking for work at a dedicated real estate investment firm. I have a solid resume and work experience, but I realize that working for a family business can have negative perceptions when it comes to future employment.   Besides networking and connections, what can I do over the next 6-12 months to make my resume stand out to a potential employer? Are there any professional designations or certificates that I should look into getting? Is a CCIM worth the time and investment? Due to time constraints, an MBA or MRE is not an option.   Thanks in advance for your input.

  • Answer:

    I would recommend getting a certification from either IREM or ICSC. I've started IREM's CPM program and have been very impressed. I've also attend one of ICSC's "University of Shopping Center" programs, which are also great. There's a bunch of other trade groups that offer certification that may be worthwhile -- eg, BOMA, CCIM, Realtors... If I were you I would get involved in whatever trade group seems to be the most active in your area; it will likely have the most educational options and opportunities to meet people in the business. Finally, it's probably unlikely that you can finish a certification given your time frame. However, you can still begin the process -- which should show a potential employer that you are serious about the industry. (They may even offer to pay for your remaining courses).

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http://romantemkin.tumblr.com/post/126925846523/certification-in-real-estate-development   An  occupation as a real estate contractor falls under the broader career  category of property, housing, and communal association managers. The  job description for real estate and community association managers  include planning, directing, buying, leasing, coordinating the selling  or governance of activities of commercial, industrial, or residential  real estate properties. To be established in this field, there is a need  for possession of a certificate from a qualified institution. The  document provides a summary of the development process and specific  training in the financial modeling and market analysis skills to  evaluate the http://romantemkin.tumblr.com/post/124012333073/naked-ambition-is-vital-to-your-success. Here are reasons why one should get a http://romantemkin.tumblr.com/post/125368333838/the-5-biggest-trends-in-real-estate-development-in; Shows you are qualified for the job The  certification is one of the proofs in which an individual ability can  be measured in a very competent way. A certificate will prove your  qualifications for the particular task having acquired your technical  skills through the serious of tests. It’s proof that you have  accomplished the requirements of, and may perform efficiently in the  real estate field. It shows a candidate knows what is expected to be  done and can apply specialized skills to raise a project from concept to  reality. You will be able to learn the basics of real estate including  customers need, identifying risks and opportunities, maintaining  property and client information databases, monitoring building, and  business resources. Enables you to interact with other stakeholders Pursuing  a certificate in real estate development provides one with knowledge  and skills to the construction, resourcefully ecological solutions for  the issues confronting real estate development professionals. It  prepares you to produce strategic and useful housing projects from  beginning to end. Such interactions help in cultivating your knowledge  in areas such as planning and design, environmental regulations, public  and private development. Having ideas in budgeting and finance through  business negotiations helps in minimizing business conflicts. Assist in establishing strategic leadership This  program emphasizes entrepreneurship, sustainable practices in  construction and development. The curriculum helps you to become a  strategic leader who understands the social, economic and environmental  impacts of the development process through creative thinking. For registration purpose A  certificate in real estate development will be essential for the  registration as a property manager. You will be able to work legally as a  sales representative in a licensed real estate office where clients can  access you. Once you acquire a certificate in real estate, the  papers will be of significant importance for credibility purposes on  matters relating to your profession. Clients will be upbeat that they  are dealing with a competent person and trust you more. Furthermore, the  acquisition of a certificate gives one a lot of confidence while  practicing their profession.

Roman Temkin

Real Estate is huge industry, so it has been divided in different type of niche area and there are different https://designationhub.com/ for every niche like seller specialist, buyer specialist, luxury home real estate expert, investment specialist etc. You can find different designation which suite you in your career in investment firm.

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