What can a CIPS designee do for a client?
Global transactions are significantly different and more complex than domestic deals. From currency issues and financing to visa and tax laws, working with a REALTOR® who knows how to handle these differences can make or break a real estate transaction. Because of these nuances, it is essential to work with a knowledgeable and trusted professional, such as a CIPS designee.
What is the CIPS Designation?
A Certified International Property Specialist (CIPS) designee has undergone specialized training to complete global transactions seamlessly and with reduced risk.
The CIPS designation is the only international designation recognized by the National Association of REALTORS®. Only REALTORS® who have completed the coursework and demonstrated considerable experience in global business can call themselves a CIPS designee, and use the name and logo.
What is the coursework/training?
CIPS designees must complete 5 full days of study focusing on the critical aspects of global transactions, including:
- Currency and exchange rate issues
- Cross-cultural relationships
- Regional market conditions
- Investment performance
- Tax issues
Learn more about the required designation courses. After they have completed the coursework requirements, designees instantly join a tight-knit network of over 3,500 real estate professionals around the world. These referral partners can help a client do business in over 45 countries, and ensure that the client will receive the same level of service no matter where the real estate transaction is.