CCIM Tech Platform Advancements

"CCIM" refers to a Certified Commercial Investment Member. This Is a notable and recognized expert in the field of commercial and investment real estate. The title is given to an individual by the CCIM Institute. A CCIM is considered a resource for the commercial real estate owner, investor, and user. CCIMs are required to be proficient in investment analysis, market analysis, user decision analysis and financial analysis for commercial real estate. CCIM members can access a variety of online technology tools through the CCIM website. They can also post properties for sale or lease properties through this platform.  

Recently, there have been some technological advancements added to the CCIM exchange. Ten-X is one of the many tech tools available to CCIM members. CCIM practitioners have complete access to a large library of tech tools to help them conduct business. STDB, a key industry source for data is now included in the list of tools. This includes:  

• ESRI’s Business Analyst Online (BAO) and ArcGIS, offering demographic and psychographic analysis. This helps to determine demand for particular space in any given property type. Additionally, it incorporates mapping, traffic counts, crime rates and business locations.
• Access to an aerial photography tool called Pictometry.
• Business Lists-This allows members to locate names, addresses and contact information for local businesses. It helps in creating marketing campaigns, and can assist in analysis of supply for site selection.
• REI Wise is an advanced spreadsheet analysis software. It is used to perform lease-versus-lease and investment analyses for commercial real estate decisions.
• Flood Maps are available to help members identify flood zones during site selection.

These improvements to the CCIM platform are making headlines. Those who are not members should take note and make use of these tools on their own. Technology is a growing part of the real estate industry. In order to stay on top of your game, it is crucial to remain informed and up-to-date on the latest tech advancements.