Certified International Property Specialists (CIPS)

Course Description

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

The CIPS programs and designation focus on ownership and transaction principles of international real estate, including specifics on real estate markets in Europe, the Americas and the Asia/Pacific region. Topics covered in the CIPS classes also include cultural diversity, market data, investment trends, marketing strategies, currency issues and financing.


To be eligible for the CIPS Designation, you must complete 5 courses outlined below, including the prerequisite "Global Real Estate: Local Markets" course. All remaining courses must be completed within 2 years of completing this prerequisite to earn your designation.

Upcoming Courses

Time: 8:30 A.M. - 5:00 P.M.
Tuition: Full Institute (all 5 days): $499 through September 14 then $599| Individual Days: $125 per day through September 14 then $145 per day

There are no classes scheduled at this time, please check back for future dates.

The Courses

Global Real Estate: Local Markets This introductory course offers you an overview of the international real estate business environment, including capital flow, currencies, government regulations and cultures. Topics such as international brokerage, networking, marketing, and selling will also be discussed.

You must take this course before taking any other CIPS courses. Upon completion of this course, you will receive elective credit towards the ABR and CRS designation (applies to U.S. members only).

Global Real Estate: Transaction Tools
This course provides you with the tools needed to present investment information to international clients—in their currency and area. You will learn how to measure investment performance, prepare financial projections, and understand the effects of taxes and exchange rates on investment.

Asia/Pacific and International Real Estate
This course addresses real estate practices in Asia and the Pacific with emphasis on cultural influences, economic trends and assessment of investment opportunities. An extra chapter on working with the Japanese is also included.

Europe and International Real Estate
This course provides you with insight in regards to working with clients in Western and Central Europe. Topics include: the European Union and its impact on international real estate, economic and real estate trends, networking and relationship building, and marketing and selling practices.

The Americas and International Real Estate
This course offers you practical information on working with Caribbean, North, Central, and South American investors. Historical and cultural influences, regional relationship, and investment opportunities are covered along with a special focus on Mexico.



200 South Michigan Avenue, Suite 400, Chicago, IL 60604
Telephone: 312-803-4900, Fax: 312-803-4905

The “Voice of Real Estate” in Chicago
© 2011 Chicago Association of REALTORS®