Institute of Commercial Real Estate - Www.MyICRE.com complaint
I agree with the critical comments about ICRE. I attended one of the free presentations by Cherif Medawar, and subsequently paid about $2250.00 to attend the 3 day seminar (by partnering up with a guy I met there...so ICRE gave a bunch of us a discount by signing as a pair, even though we weren't related.
He is very personable and, very persuasive. In our group there were an awful lot of college educated people, real estate agents, mortgage brokers and quite a few who already owned commercial property who also signed up.
The promised website is very, very minimal. In Feb 2008 there still is not a list of 1500 national corporate tenants. There is no list of hundreds of lenders. There is no big community of ICRE grads posting opportunities. All that was a bunch of "hot air".
Quite a few of us tried to Google seach for back up info on the web about ICRE and Cherif. There is essentially no third party reporting. It's like they are invisible on the web. I imagine that ICRE has staff diligently working to keep the "news blackout" going.
By all means do not pay with a check, as you will have no leverage for a refund. Even using your VISA or MASTERCHARGE doesn't provide much assurance that you will get your money back if you think they didn't deliver the goods. We should all realize that the credit card companies earn 3% on all the sales that ICRE does...so that is really BIG MONEY. Who is more important to the credit card companies???? ICRE with sales of $10-25 million or Jane Doe charging $3000.00 ??????
In my opinion ICRE is not worth it !