Step 1: Qualifying Activity Requirements -
Qualifying activities are those that have taken place within five years
of the portfolios submittal date and in which the candidate has had material
participation (for example, portfolios submitted March 7, 2007 may include
activities completed since March 7, 2002).
Definition of Material Participation:
Webster’s Third New International Dictionary Unabridged defines
material as: being of real importance or of great consequence, substantial,
relevant, pertinent, requiring serious consideration by reason of having
a certain or probable bearing and participation as: the action or state
of partaking of something in association with others such as a partnership
or an enterprise on a formal basis with specified rights and obligations.”
The CCIM designation is awarded to individual members, not teams or partnerships. Though you may submit documentation of activities completed with other individuals, your submission must be in your own words that reflect your own individual experience. Any form of copying may be deemed a violation of these rules.
Type, volume, criteria, and substantiation required are dependent on the type of qualifying activity. A portfolio may contain a mixture of activities (such as five sales and five leases) in order to achieve the minimum requirements.
Required Contents for Current Volume Requirements
10 qualifying activities that total $10 million or more, or 1 or more activities totaling a minimum of $40 million, or 30 activities without regard to total volume. Candidates submitting portfolios under the current volume requirements are required and instructed to do the following:| 1. | Submit a Portfolio Cover Sheet and Summary of Qualifying Activities which should be the 1st and 2nd pages of the portfolio and are placed prior to the activities. | ||||||||||||||||||||
| 2. | Complete an Activity Data Form for each transaction submitted. Each activity begins with the Activity Data Form, which details the property, the principals, your role, and the substantiating documentation. | ||||||||||||||||||||
| 3. | Submit settlement documentation that substantiates the completed activity. Settlement documentation would include (1) of the following: i. Signed closing statement showing commission paid to your company;
or |
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| 4. | Submit proof of their material participation in the submitted transactions. Proof of material participation would include (2) of the following:
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| 5. | Complete and submit a Portfolio Submission Form with payment. Reminders:
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