In this episode of the Industrial Advisors Podcast, hosts Bill Condon and Matt McGregor discuss the Society of Industrial and Office Realtors (SIOR) designation. SIOR is an international organization of real estate professionals that has been around for many years. Being an SIOR member is seen as one of the best designations you can get in commercial, industrial and office real estate. Both hosts emphasize that the relevance of this designation greatly depends on the effort and commitment you put into it. They argue that it brings educational opportunities and networking potential, especially for smaller boutique firms. They also recommend it for young and upcoming brokers, while stressing its varying impact based on geographical location and the strength of local chapters. They conclude by mentioning that while larger corporate tenants are generally familiar with the SIOR designation, they may not fully understand its depth and value to their business.
00:37 Introduction to the Podcast
00:47 Understanding the SIOR Designation
01:24 Relevance of SIOR in Today's Market
02:17 Benefits of SIOR for Different Firms
03:37 SIOR for Young Brokers
04:23 Comparing SIOR and CCIM Designations
04:56 Insights from a Veteran SIOR Broker
05:53 Recognition of SIOR Among Tenants and Landlords
06:49 Conclusion and Recommendations
