Printer Friendly
The Free Library
14,610,896 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

IREM helps managers succeed in the field.


They are unsung heroes and heroines, not at all publicized in times of power blackouts, terrorist threats and other emergencies.

They get few, if any, "thank yous" for the extraordinary work they do in times of crisis or for the routine but essential work they do in times of relative tranquility. They often must cope quickly as their work agenda for the day or week ahead is scuttled by fire alarms, broken pipes, the HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  acting up or any of dozens of other schedule-disrupting happenings.

To do their jobs, they dip into dip into
Verb

1. to draw upon: he dipped into his savings

2. to read passages at random from (a book or journal)

Verb 1.
 a wide array of skill sets. They strive their best to satisfy the needs of residents, workers, shoppers, employees and contractors of every manner and idiosyncrasy idiosyncrasy /id·io·syn·cra·sy/ (-sing´krah-se)
1. a habit peculiar to an individual.

2. an abnormal susceptibility to an agent (e.g., a drug) peculiar to an individual.
. All the while, their bottom line is to build the value of the residential, industrial, commercial and retail real estate assets they manage.

Who are they?

How did they get that way?

Who says they can do the job?

They are professional real estate managers. People who have education and real-world experience in property and asset management. You can be sure that among the best of the best are those who have earned the CERTIFIED PROPERTY MANAGER This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 (CPM (1) (Critical Path Method) A project management planning and control technique implemented on computers. The critical path is the series of activities and tasks in the project that have no built-in slack time. ) designation or the ACCREDITED accredited

recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria.


accredited herds
cattle herds which have achieved a low level of reactors to, e.g.
 RESIDENTIAL MANAGER (ARM) certification of the Institute of Real Estate Management This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  (IREM IREM Institute of Real Estate Management (Chicago, Illinois)
IREM Institute of Real Estate Managers
IREM Integrated Research, Evaluation, and System Analysis Model
IREM Infra-Red Emission Microscopy
).

In addition to designating individuals as CPM and ARMs, IREM also issues credentials to real estate management firms through our ACCREDITED MANAGEMENT ORGANIZATION (AMO AMO - America's Multimedia Online ) program, which recognizes companies that maintain the highest levels of performance and financial stability as confirmed by independent financial review. Every AMO must be re-accredited every three years.

Our worldwide organization of 16,000 real estate and asset managers and more than 530 management companies affirms that our designees can do their jobs professionally and ethically by virtue of their education, experience and commitment to abide by To stand to; to adhere; to maintain.

See also: Abide
 stringently enforced codes of ethics focusing on managing property and handling funds. IREM is the only organization whose credentials are available to professionals serving all classes of real estate assets.

Our members manage 6.5 billion s/ f of office space, shopping centers, industrial parks and warehouses in the United States--valued at $408.5 billion. They manage 11.1 million conventionally financed and other residential units valued at $439.7 billion. And they manage real estate assets in 29 countries around the world.

For more than 70 years, IREM has been equipping real estate managers with the tools and training they need to maximize the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  of the properties they manage. We provide them with the knowledge, tools and resources they need to help them succeed in doing just that. This includes developing skill sets for asset management, budgeting and financial operations, business development, ethical business practices, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , leadership strategies, maintenance and physical operations, marketing, leasing and risk management.

We also recognize that knowledge is perishable. What's cutting edge today is outmoded tomorrow--what with evolving technology, proliferating legislation and regulation and constantly increasing cost pressures. So we update all of our education programs at least once every three years.

IREM also provides ongoing structured and casual opportunities to help members keep their skill sets and networking opportunities current through national education conferences and seminars--supplemented by local chapter activities around the world. Its unique, groundbreaking IREMFirst database provides members 24/7 with up-to-the-minute knowledge products and working tools to enhance their ability to build ROI. And we publish an award-winning magazine, the Journal of Property Management, as well as textbooks and other publications.

In addition, IREM constantly does original research on critical issues in the real estate industry to help identify trends so members can update their practices to further help them build asset value. And we make results of our research available to the industry at large.

While most real estate managers practicing today just fell into the profession, we are now taking aggressive steps to ensure that the brightest and the best young people come into the profession in the future. We recently launched an outreach program to capture the interest of students and others who are making career decisions and to encourage them to consider real estate management. Among the many components of the program are "career day" and "job shadow" day activities run by IREM chapters and a soon-to-be initiated membership category for students attending an accredited college or university on a full-time basis, at both undergraduate and graduate levels. At the same time, we are collaborating more closely with educational institutions that offer real estate programs and creating a special academic membership category for college and university faculty.

We are building with the best for the future.

ANTHONY W. (TONY) SMITH

PRESIDENT OF IREM

REGIONAL VICE PRESIDENT

CB RICHARD ELLIS CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  
COPYRIGHT 2005 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Institute of Real Estate Management
Author:Smith, Anthony W.
Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Jun 8, 2005
Words:778
Previous Article:ABO and Reed announce BuildingsNY seminars.(Associated Builders and Owners of Greater New York)(Reed Exhibitions Companies Ltd)(Advertisement)
Next Article:Free seminars to be offered at new Co-op Expo.(New York Association of Realty Managers)(Real Estate Expo)
Topics:



Related Articles
At IREM, lessons key to managers' growth. (Institute of Real Estate Management) (Special Supplement: Career Enhancement)
IRFM Scholarships stimulate diversity in real estate management.(Brief Article)
IREM represents the pinnacle of real estate management.(Brief Article)
Institute of Real Estate Management to hold education series. (Transcripts).(Brief Article)
IREM introducing mentoring program this spring.(Institute of Real Estate Management )
IREM and founding New Jersey chapter celebrate 70 years.
Around the town: events seminar meetings talks.(Calendar)
The Greater New York Chapter of the Institute of Real Estate Management recently honored Edward A. Riguardi of Jones Lang LaSalle as their 2003...
Say hola to good site management.(Residential Marketing & Brokerage)(Brief Article)
Managing the power.(PROPERTY MANAGEMENT)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles