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Industrial and Office (Dual) Specialist

Become an SIOR

 

 

Accelerate Your Career...

A professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management. The designation is an accomplishment with incomparable benefits. It's more than a designation, it's the standard of excellence in CRE.

Minimum Experience for Industrial and Office (Dual) Specialists:

Individuals should have a minimum of five years of active engagement in commercial real estate and be a full time active practitioner.

 
 

Maintain a minimum production per year as measured by Gross Fee Income (GFI) and a minimum number of transactions within the standards set by the local Chapters.

GFI is the fee income directly attributable to the applicant before the firm takes its split. If an applicant works on a team then the GFI the applicant counts should reflect the internal team split. GFI requirements are set by the local Chapter. View  GFI Requirements by market.

The applicant must fulfill the following:

  • Dual Specialists must meet the combined total of the GFI requirement in each specialty type for three (3) out of the last four (4) years*.
    • One half measures Industrial GFI. At least 70% of this amount must be comprised of industrial transactions.
    • One half measures Office GFI. At least 70% of this amount must be comprised of office transactions.

 

*Applicants must submit production on a trailing time frame. For example, if an application is submitted in June, production should be submitted on a June 1 – May 31 time frame.

Provide formal nominations from two Active Designee Members in the applicant’s Chapter that are outside the applicant’s firm or firm's network.

Exception: If 50 % or more of the applicant’s business is outside of the Chapter, one of the two endorsements can be from an SIOR Member outside of the Chapter.


Prove to be a knowledgeable professional in the industrial and/or office real estate market as evidenced by one of the following three options:

1. Attend one (1) in-person Next Level Series Course through SIOR Education. Applicants must also complete the SIOR Ethics & Professional Standards online course.

Note: An applicant can submit an application without having completed the education requirement. If the application is approved subject to education, the applicant has 12 months from the approval date to complete the education requirement.

View course calendar.

2. Comprehensive Membership Entrance Exam: pass SIOR’s comprehensive membership entrance exam and online ethics course.

The paper-based exam is 140 multiple choice questions plus three (3) short essays. The exam is a basic-knowledge exam primarily based on professional experience. For information on taking the exam and fee, contact membership@sior.com.

3. Education Exemptions

  • Superstar: If an applicant meets 200% of the Gross Fee Income requirement and can document 5 or more years in the commercial real estate field, the applicant is exempt from the education requirement with the exception of SIOR’s Ethics and Professional Standards module.

  • Experienced Broker: If an applicant meets 100% of the Gross Fee Income requirement and can document 15 or more years in the commercial real estate field, the applicant is exempt from the education requirement with the exception of SIOR’s Ethics and Professional Standards module. The applicant must attend two SIOR Events within the first 18 months of Active Membership.

 

  • Application Fee: $175 (non-refundable)
  • Initiation Fee: $725 (one-time)
  • Annual Dues: $1,495 (first year prorated) U.S. and Canada / $775 Mexico (first year prorated) 
SIOR Chapter Membership and Dues
Chapter Membership is required and contingent upon approval of membership in SIOR. SIOR Designees (aka Active Individuals), Member Associates, and Associate Members within a Chapter's jurisdiction must fulfill applicable Chapter dues. Please contact the local Chapter for dues requirements.

National Association of REALTORS Dues
Individual Active Members located in the United States must be a member in good standing of the National Association of REALTORS (NAR).  Members can elect to pay $105 NAR Institute Affiliate Dues directly to NAR. Please contact membership@sior.com for more information.

SIOR’s application processing procedure, conducted pursuant to the terms of SIOR’s Bylaws, seeks to assure that applicants are fully and fairly evaluated in terms of qualification criteria as stated in the SIOR Bylaws.

Maintain a minimum production per year as measured by Gross Fee Income (GFI) and a minimum number of transactions within the standards set by the local Chapters.

GFI is the fee income directly attributable to the applicant before the firm takes its split. If an applicant works on a team then the GFI the applicant counts should reflect the internal team split. GFI requirements are set by the local Chapter. View  GFI Requirements by market.

The applicant must fulfill the following:

  • Dual Specialists must meet the combined total of the GFI requirement in each specialty type for three (3) out of the last four (4) years*.
    • One half measures Industrial GFI. At least 70% of this amount must be comprised of industrial transactions.
    • One half measures Office GFI. At least 70% of this amount must be comprised of office transactions.

 

*Applicants must submit production on a trailing time frame. For example, if an application is submitted in June, production should be submitted on a June 1 – May 31 time frame.

Provide formal nominations from two Active Designee Members in the applicant’s Chapter that are outside the applicant’s firm or firm's network.

Exception: If 50 % or more of the applicant’s business is outside of the Chapter, one of the two endorsements can be from an SIOR Member outside of the Chapter.


Prove to be a knowledgeable professional in the industrial and/or office real estate market as evidenced by one of the following three options:

1. Attend one (1) in-person Next Level Series Course through SIOR Education. Applicants must also complete the SIOR Ethics & Professional Standards online course.

Note: An applicant can submit an application without having completed the education requirement. If the application is approved subject to education, the applicant has 12 months from the approval date to complete the education requirement.

View course calendar.

2. Comprehensive Membership Entrance Exam: pass SIOR’s comprehensive membership entrance exam and online ethics course.

The paper-based exam is 140 multiple choice questions plus three (3) short essays. The exam is a basic-knowledge exam primarily based on professional experience. For information on taking the exam and fee, contact membership@sior.com.

3. Education Exemptions

  • Superstar: If an applicant meets 200% of the Gross Fee Income requirement and can document 5 or more years in the commercial real estate field, the applicant is exempt from the education requirement with the exception of SIOR’s Ethics and Professional Standards module.

  • Experienced Broker: If an applicant meets 100% of the Gross Fee Income requirement and can document 15 or more years in the commercial real estate field, the applicant is exempt from the education requirement with the exception of SIOR’s Ethics and Professional Standards module. The applicant must attend two SIOR Events within the first 18 months of Active Membership.

 

Uphold high ethic standards of practice and pled to uphold SIOR's Code of Ethical Principles and Standards of Professional Practice by completing SIOR's online ethics course.

Access the online Ethics & Professional Standards course here.

  • Application Fee: $175 (non-refundable)
  • Initiation Fee: $725 (one-time)
  • Annual Dues: $1,495 (first year prorated) U.S. and Canada / $775 Mexico (first year prorated) 
SIOR Chapter Membership and Dues
Chapter Membership is required and contingent upon approval of membership in SIOR. SIOR Designees (aka Active Individuals), Member Associates, and Associate Members within a Chapter's jurisdiction must fulfill applicable Chapter dues. Please contact the local Chapter for dues requirements.

National Association of REALTORS Dues
Individual Active Members located in the United States must be a member in good standing of the National Association of REALTORS (NAR).  Members can elect to pay $105 NAR Institute Affiliate Dues directly to NAR. Please contact membership@sior.com for more information.

SIOR’s application processing procedure, conducted pursuant to the terms of SIOR’s Bylaws, seeks to assure that applicants are fully and fairly evaluated in terms of qualification criteria as stated in the SIOR Bylaws.