My New Blog

August 19th, 2007 7:33 PM
What an intense learning experience! CCIM has been described as a graduate level real estate course. After one week of 8:30AM to 6:00PM with studying in the evening, and then a four hour test on Friday, I can now say i only have to do this three more times. I have already booked Scottsdale. Arizona again in October for the second class. After the four courses then you prepare a resume, your production, and you put together a total pro forma presentation with full marketing on a subject commercial property, then you get to do one more test as a final exam. This and $12,000 gets you a CCIM designation. However, once you are through, then what looked like complex real estate transactions get broken down into definable terms, and numbers. What excites me is the ability to give investors, more comprehensive advice about what they are investing in. I know that cash flow and appreciation are important, but also analyzing reserves, reinvesting cash flows, totally understanding why wealth accumulation is more important than rate of return, and knowing how to differentiate investments for the real value, is what this is all about. I will be back in the office tomorrow, August 19th, to catch up on what needs to be done for you. Fortunately, I have Orjana Beck watching my back and your back. That is a real luxury.   

Posted by Joe Pryor on August 19th, 2007 7:33 PMPost a Comment (0)

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