CIPS in town for the last weeks, what is it?

[mexicoruss]

We had 35 Real Estate Professionals from all over Mexico and the USA come to Rocky Point this week to attend classes held at Las Palomas convention rooms. They came to earn their CIPS Certification. They toured the town, they ate in the restaurants and paid their own lodging. It has been a busy but very fun very positive week. Here is a copy and paste of what CIPS is and what it means to be certified, by the way this is the first time Penasco has been chosen to host this event.
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Certified International Property Specialist

A Certified International Property Specialist (CIPS) is an individual who has proven their expertise in international real estate practice by completing CIPS program requirements.

Topics covered in the CIPS classes also include cultural diversity, market data, investment trends, marketing strategies, currency issues, and financing.

CIPS designees are increasingly relied upon by local community and business organizations — including Chambers of Commerce and boards of REALTORS® — as international business resources.

Requirements

• U.S. members must be a REALTOR®, a member in good standing of NAR
• Completion the CIPS "International Real Estate for Local Markets" (formerly Essentials)

After completion of all five courses and approval of a designation application, CIPS designees maintain the right to use the designation upon payment of an annual fee of $220.

CIPS Education

The Certified International Property Specialist (CIPS) course curriculum is the educational foundation of the CIPS Network. It distinguishes CIPS designees as individuals who have both hands-on experience in international real estate transactions, as well as successfully completed an intensive seven-day program of study focusing on critical aspects of transnational transactions, including currency and exchange rate issues and cross-cultural relationships, regional market conditions, investment performance, tax issues and more.

US Practitioners Education

1. "International Real Estate for Local Markets" (formerly Essentials) (two days) is a required prerequisite to the other courses.
2. Three one-day regional courses (choose three of the following four) and a financial analysis class courses are required and can be taken in any order:

• Europe & International Real Estate (one day)
• Asia/Pacific & International Real Estate (one day)
• The Americas & International Real Estate (one day)
• The Middle East and Africa & International Real Estate (one day)
• Investment & Financial Analysis for International Real Estate (two days/HP-10BII calculator required)

3. A multiple-choice examination is given at the end of each course. 70% or better is passing. :-D

 

[HAPPY]

~~~
Rocky Point, Rocky Point, ~~~ Ra, Ra, Ra, ~~~ Bring em in, ! Bring em in, ! ~~~ Ra, Ra, Ra, ~~~

Rocky Point, Rocky Point, ~~~ Ra, Ra, Ra, ~~~ You can do it, ! You can do it, ! ~~~ Ra, Ra, Ra, ~~~

~~~ I do hope you had enough ~~~ COTTON CANDY ~~~ on hand, ~~~ :rofl:~~~

~~~ Lets hear it one more time ~~~ Rocky Point, Rocky Point, ~~~ Ra, Ra, Ra, ~~~ :lol: ~~~

~~~ I do think you should change the menu though, ~~~ :lol: ~~~ for that post you get ~~~

~~~ :fail: ~~~

 

[mexicoruss]

Thanks happy I appreciate your post! Nice to see you had something to say!

 

[dry heat]

thanks for the update. good to know the certification process and requirements, should help with having some sort of a standard in the mexican real estate field.