NEW YORK CITY—The Real Estate Board of New York has created a new certification program for commercial brokers looking to raise their level of professionalism and leadership. The new program, New York Commercial Professional, will start in October and is spearheaded by REBNY's commercial board of directors.
Graduates of the accredited program will earn the right to use the acronym NYCP after their names. The curriculum consists of five core courses and three electives, taught over 48.5 credit hours. The core courses are: finance and investment, valuation process, commercial transactions, development, and real estate law. Elective courses, such as NYC real estate and government, property management, sustainability, distressed assets and not for profits, will be offered starting in 2015. Candidates must complete the required course work within four years of applying for the designation. There will be a one-time, $250 registration fee and course pricing will adhere to the standard discounted REBNY member fee.
The New York Commercial Professional is an accredited program and all courses will count towards New York State required continued education credit.
The required courses will be taught by a faculty of practitioners from REBNY member firms in addition to outside professionals. Instructors have been selected for their level of experience and expertise. Courses are open to the public, but applicants must be REBNY Commercial Members to be eligible for the designation.
“New York City's commercial brokers are already elite in the industry. This program will allow them to advance to yet another level in the services they provide for their clients,” says Steven Spinola, president of REBNY. “REBNY continues to encourage the enrichment of education in the real estate profession by advocating higher ethics, strong leadership, and providing tools to raise each member's level of success.”
Adds Christel Engel, a former member of REBNY's commercial board of directors and executive managing director at Colliers International, "By enrolling in these courses brokers will not only be helping themselves by furthering their education, they will also be helping their clients by creating a more professional, efficient, and enjoyable experience overall."
“Property owners will now be able to rely more than ever on certified REBNY members to assist in the most qualified and informed manner,” asserts James Nelson, a member of REBNY's commercial board of directors and partner at Massey Knakal.
The program also has its own logo, created by Bricks and Sticks Communications.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
