How can a CIPS designee assist a client?
A client can benefit from the expertise of a CIPS designee in navigating the complexities of global transactions. These transactions, which involve issues such as currency exchange, financing, visa regulations, and tax laws, require a skilled and knowledgeable professional. A REALTOR® with a CIPS designation can offer the necessary support to ensure a successful real estate transaction.

What is the CIPS Designation?
The Certified International Property Specialist (CIPS) designation is a globally recognized qualification offered by the National Association of REALTORS®. To earn this designation, a REALTOR® must complete specialized training in handling international transactions with reduced risk.

What does the training involve?
The CIPS coursework comprises five full days of study, focusing on various critical aspects of global transactions. These include currency and exchange rate issues, cross-cultural relationships, regional market conditions, investment performance, and tax issues. The coursework is designed to equip CIPS designees with the skills and knowledge necessary to navigate complex international real estate deals.

What are the benefits of working with a CIPS designee?
By working with a CIPS designee, a client gains access to a global network of over 3,500 real estate professionals across 45 countries. These referral partners can provide local insights and ensure that the client receives consistent service, regardless of where the transaction takes place. Moreover, a CIPS designee’s expertise can help reduce risks associated with global transactions, ensuring a successful outcome.

The National Association of REALTORS® (NAR) currently defines a REALTOR® specializing in resort & second-home markets as, “a real estate practitioner who facilitates the buying, selling, or management of properties for investment, development, retirement, or second homes in a resort, recreational, and/or vacation destination.”