Certified International Property Specialist | Chicago Association of REALTORS®


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.

Want to learn how the CIPS Designation can help you market yourself to the world? Read about it here.


Upcoming Courses

Time: 8:30 AM – 5:00 PM
Tuition (All 5 Days): $625 Members | $725 Non-Member
No CE Credit
Instructor: Maurice Hampton

5-Day Institute CLOSED  CAR | 430 N Michigan

Tuition (Single Day): $145 Member | $170 Non-Member

Online Course: CIPS Core


CIPS Global RE: Local Markets CLOSED  CAR | 430 N Michigan
CIPS Global RE: Transaction CLOSED  CAR | 430 N Michigan
CIPS: Europe & International CLOSED  CAR | 430 N Michigan
CIPS: Asia/Pacific CLOSED  CAR | 430 N Michigan
CIPS: Americas & International CLOSED  CAR | 430 N Michigan


Online Course: CIPS Electives


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.

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 examines how customary real estate practices need to be modified when working with international clients or properties.  Students learn how to research markets, convert metric measures, monitor currency trends, alert clients to tax and visa matters, and provide guidance and market knowledge to help clients make decisions.

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.

Additional Costs:

  • Application fee: $75
  • Annual CIPS membership renewal fee: $220