Global Real Estate: Local Markets
This introductory course offers you an overview of the international real estate business environment, including capital flow, currencies, government regulations and cultures. Topics such as international brokerage, networking, marketing, and selling will also be discussed.

You must take this course before taking any other CIPS courses. Upon completion of this course, you will receive elective credit towards the ABR and CRS designation (applies to U.S. members only).

Global Real Estate: Transaction Tools
This course provides you with the tools needed to present investment information to international clients—in their currency and area. You will learn how to measure investment performance, prepare financial projections, and understand the effects of taxes and exchange rates on investment.

Europe and International Real Estate
This course provides you with insight in regards to working with clients in Western and Central Europe. Topics include: the European Union and its impact on international real estate, economic and real estate trends, networking and relationship building, and marketing and selling practices.

Asia/Pacific and International Real Estate
This course addresses real estate practices in Asia and the Pacific with emphasis on cultural influences, economic trends and assessment of investment opportunities. An extra chapter on working with the Japanese is also included.

The Americas and International Real Estate
This course offers you practical information on working with Caribbean, North, Central, and South American investors. Historical and cultural influences, regional relationship, and investment opportunities are covered along with a special focus on Mexico.


Maximize your earning power with more tools for the global market!

From April 2013-March 2014 the total sales volume to international clients has been estimated at approximately $92.2 BILLION, a 35% increase from the previous year. Get globally connected and expand your business by earning a Certified International Property Specialist (CIPS) designation.

Location: SEVRAR Conference Center
1363 S. Vineyard, Mesa, AZ



  • Option 1: 5 Class Series - $600
  • Option 2: Single Classes - $125 ea


Tony Macaluso
Tony Macaluso has served the Florida Association of REALTORS® twice as an Officer and Chairman of many committees. For the National Association of REALTORS®, Tony is a director, and serves on the International Operations Committee. He has traveled for business in Eastern and Western Europe, Canada, and Russia. He was awarded the highest recognition award by NAR, the “International Advocate Award.” Tony has taught in the countries of Poland, Romania, Slovakia, Ukraine, Hungary, and Russia. He‟s been named NAR‟s “Educator of the Year.”

His real estate companies are located in Palm Beaches and the Florida Keys. (Keys are known as "islands" in the United States). His company of 40 agents has captured more than 1/3 of the market share of the Florida Keys. He is a Florida licensed real estate instructor and teaches seminars for many state conventions and NAR. Tony is an active member with RNMI and WCR.

Carmela Ma

Ms. Carmela Ma was named one of the “Most Influential Women in Commercial Real Estate 2007” by Real Estate Southern California Magazine. She was awarded “World Top 10 Broker” at the 2008 Real Estate Summit in Taipei. She was awarded by one of the most prestigious international commercial real estate organizations, the CCIM Instructor of the Year 2003, a once in a lifetime award; The People’s Choice Award 2003, and 2006; Senior Instructor of the Year for Financial Analysis in Commercial Real Estate CI-101-CCIM 2001; and CIPS, conferred by the NAR®, and International Instructor of the Year 1998, another once in a lifetime award. A scholarship endowment was awarded in her name for the CCIM Greater Los Angeles Chapter in perpetuity.

Ms. Ma is President of CJM Associates, Inc., a California based company specializing in Real Estate Investment Brokerage, Advisory and Global Transactions. Her transactions include industrial developments in Africa and Asia, estates from Italy to Beverly Hills and investment properties in Hong Kong and California. She has counseled clients on acquisition, disposition, strategic planning, broker selection, risk reduction, portfolio analysis and value enhancement. In addition, she has marketed properties ranging from high-rise office buildings, multi-family, land, industrial, shopping centers, hotels and R & D properties.

 Ms. Ma is a licensed real estate broker and consultant. Her clients include major Financial Institutions and Trusts. She studied Business Finance at the University of Southern California, and Architecture at the University of Hong Kong. She is an international speaker with speaking assignments covering Asia, Europe and the Americas.


Hilton Phoenix East / Mesa
1011 West Holmes Avenue
Mesa, AZ 85210

For those traveling to the Phoenix area attending the CIPS training, we've reserved discounted Hotel accomodations. Click below to reserve your hotel room.

2012© SouthEast Valley Regional Association of REALTORS®
1363 South Vineyard | Mesa, Arizona 85210 | Tel: 480-833-7510 | Fax: 480-835-1329