SILVAR's 8th Certified International Property Specialist (CIPS) Institute concluded today with 11 REALTORS® attending the full week of classes. Most of the students in the class are SILVAR REALTORS® or from neighboring REALTOR® associations in the Bay Area. SILVAR has offered the CIPS Institute every year since 2012.
The CIPS Institute provides training in international business issues, including currency conversion, cultural awareness, legal and tax requirements, transaction principles of international real estate, and specifics about the real estate markets in Europe, the Americas, and Asia. After completing five courses and other requirements, REALTORS® earn the prestigious CIPS designation. There are about 3,250 CIPS designees in the U.S.
This year's classes were taught by Bobbi Decker, CIPS, SRES, CRS, GRI, CLHMS, SRS, ABR. A REALTOR® and broker associate, Decker is a NAR REBAC instructor who teaches advanced designation and certification courses.
"We had a very vital and enthusiastic group for this CIPS class at SILVAR this week. NAR is very eager to have its members up their professionalism, particularly in this global economy and changing market dynamics of the real estate industry," said Decker. "Silicon Valley is an epicenter for innovation that draws people from all over the world. Certified International Property Specialist is an essential designation for REALTORS® working in the melting pot known as Silicon Valley."
Thank you to this year's CIPS Sponsors of the Day: Anita Rodal, international liaison with AFEX (Associated Foreign Exchange) and president of SBPI Services, Inc.; Avery Bibbs, First American Exchange Company; Michael Cobb, CEO of ECI Development; Lisa Wendl with General Mortgage Capital Corp.; and Winnie Y. Ho, premier mortgage consultant with HSBC.
The Silicon Valley Association of REALTORS® (SILVAR) is a professional trade organization representing over 4,000 REALTORS® and Affiliate members engaged in the real estate business on the Peninsula and in the South Bay. SILVAR promotes the highest ethical standards of real estate practice, serves as an advocate for homeownership and homeowners, and represents the interests of property owners in Silicon Valley.
The term "REALTOR®" is a registered collective membership mark which identifies a real estate professional who is a member of the National Association of REALTORS® and who subscribes to its strict Code of Ethics.
For further information, please email or call the SILVAR office at (408) 200-0100.