What is a SIOR?
asked 2012-01-02 21:50:23 -0500
Along the same lines as my last question. What is a SIOR and how do you obtain it? Is there a big difference between a SIOR and a CCIM?
asked 2012-01-02 21:50:23 -0500
Along the same lines as my last question. What is a SIOR and how do you obtain it? Is there a big difference between a SIOR and a CCIM?
answered 2012-01-09 17:23:56 -0500
To over-simplify it, CCIM's are usually more "investment" brokers. That doesn't mean they don't have expertise in development, office, leasing, etc. CCIM's main education forte is investment concepts; what is the true value, lease v purchase, market projections, etc.
SIOR are more industrial and office based. Again, not to say SIOR's dont know investments as well as CCIM's, but that's not their main focus. An SIOR would typically represent a tenant in an office lease, a large REIT landlord analyze the financial backings of a possible tenant, etc.
Again, these are over simplifications, but hopefully you get the idea of the difference between the two.
answered 2012-01-03 12:44:38 -0500
The SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® is the leading professional commercial and industrial real estate association. With more than 3,000 members in more than 580 cities in 28 countries, SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists.
SIOR has certified more than 2,700 of its members with the prestigious SIOR designation, a professional symbol of the highest level of knowledge, production, and ethics in the real estate industry. Real estate professionals who have earned the SIOR designation are recognized by corporate real estate executives, commercial real estate brokers, agents, lenders, and other real estate professionals as the most capable and experienced brokerage practitioners in any market. SIOR designees can hold the following specialty designations: industrial, office, sales manager, executive manager, or advisory service.
SIOR also includes associate members who include corporate executives, developers, educators, and other involved in the commercial real estate industry.
A professional affiliate of the NATIONAL ASSOCIATION OF REALTORS®, SIOR is dedicated to the practice and maintenance of the highest professional and ethical standards. SIOR maintains a commitment to business and industry by providing outstanding professional services, publications, and educational programs.
Transaction Data shows the success of SIOR members: On average from 2006-2009 SIOR members reported that he or she leased or sold an average of 1.1 million square feet of space for a total dollar volume of $33.4 million in 30 transactions.
As a group, SIOR designees closed more than 78,000 transactions.
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Asked: 2012-01-02 21:50:23 -0500
Seen: 47 times
Last updated: Jan 09 '12
