Illinois REALTORS® is offering three $1,500 stipends to help offset the cost of obtaining CIPS designation training and attending EXPO REAL in Germany this fall.  

Stipend recipients will be in Germany for the CIPS portion of the experience Sept. 30 through Oct. 2 in Berlin. Then, they will attend EXPO REAL, billed as the largest commercial real estate trade shows in Europe, on Oct. 7-9 in Munich. The trade show attracts nearly 45,000 people. 

The stipend program is offered through a partnership with the Northern Illinois Commercial Association of REALTORS® (NICAR). 

“Illinois REALTORS® is always looking for opportunities to provide real estate professionals the opportunity to expand their knowledge of global markets,” said Ed Neaves, the state association’s president-elect. “This stipend program will not only provide the education necessary to be a true global practitioner, but it also helps provide the experience of attending one of the largest real estate trade shows in the world.” 

What you need to know to apply, go

If you want to attend, there are two steps: 

  1. Illinois REALTORS® members can apply for the stipend by completing this form by Aug. 31. Full details about eligibility are on the form, but applicants should not already have a CIPS designation, must attend the course and trade show and have current or potential involvement in international business. 
  2. Registration for the event can be accessed through NICAR’s websiteNICAR has produced an information sheet with more details on the program and its costs. 

The CIPS designation provides training specific to the needs of real estate professionals looking to specialize in serving foreign investors. The courses offer guidance on transaction models, marketing strategies and roles and expectations in international business.  

The CIPS courses will be taught by Paul Daemen, a Nicaragua-based broker who holds a real estate license in Kansas. The coursework will count toward the requirements to obtain the CIPS designation. (NAR has a full list of the requirements to obtain the designation).

Attendees will take the coursework portion of the experience in Berlin, then will participate in an educational tour of the city Oct. 3. The next day attendees will travel to Munich, attend Octoberfest on Saturday, Oct. 5., and then enjoy a free day on Sunday, Oct. 6, before attending EXPO REAL.