Overview
The Institute of Real Estate Management (IREM) is a premier professional organization for property managers, affiliated with the National Association of REALTORS®. IREM provides invaluable resources, education, and certifications, strengthening the real estate management industry’s standards.
Examples
- Training and Certifications: IREM offers various certifications such as Certified Property Manager (CPM), Accredited Residential Manager (ARM), and Accredited Commercial Manager (ACOM), which enable property managers to enhance their career prospects.
- Networking Opportunities: IREM hosts conferences, local chapter meetings, and events, providing platforms for property managers to network and collaborate.
- Educational Resources: By providing up-to-date educational material, publications, and webinars, IREM keeps property managers informed about industry trends and best practices.
Frequently Asked Questions (FAQs)
What is the Institute of Real Estate Management (IREM)?
IREM is a professional organization dedicated to advancing the professional standards and education of real estate property managers. Through various certifications, courses, and networking opportunities, IREM supports property managers in their career development and service quality.
Why should property managers join IREM?
Membership in IREM offers access to a vast network of professionals, educational courses, industry updates, and certification programs, significantly contributing to a property manager’s career growth.
How does IREM certification benefit a property manager’s career?
Certification from IREM, such as CPM, ARM, or ACOM, enhances a property manager’s credentials, demonstrating expertise and commitment to professional standards. This recognition can lead to better job opportunities and career advancements.
Does IREM offer any educational resources?
Yes, IREM offers a multitude of educational resources, including the Journal of Property Management, webinars, online courses, and publications covering various aspects of property management.
How can I contact IREM?
Address:
Institute of Real Estate Management 430 North Michigan Avenue Chicago, IL 60611
Phone Numbers:
- 800-837-0706
- 800-333-4736 (fax)
Website:
Related Terms with Definitions
Certified Property Manager (CPM)
A designation offered by IREM that signifies advanced competency in property management. A CPM certification is recognized globally as the pinnacle of property management training.
Accredited Residential Manager (ARM)
A certification for residential managers through IREM that demonstrates competence in managing residential properties more effectively.
Accredited Commercial Manager (ACOM)
An IREM certification specifically aimed at enhancing the skills and knowledge required to manage commercial properties.
Property Management
The oversight and administration of residential, commercial, and industrial real estate, including activities such as tenant placement, rent collection, maintenance, and compliance with regulations.
National Association of REALTORS® (NAR)
A leading professional association in the real estate industry in the United States, representing real estate agents, brokers, and various real estate professionals.
Online Resources
- Institute of Real Estate Management: Official website for more information on membership, certifications, and educational resources.
- IREM Journal of Property Management: Access the latest industry research, trends, and articles published by IREM.
- IREM Education: Explore IREM’s educational programs and certifications.
- National Association of REALTORS®: Learn more about the NAR and its affiliations.
References
- Institute of Real Estate Management: Official Website
- National Association of REALTORS®: NAR Website
Suggested Books for Further Studies
- “Real Estate Management” by Robert C. Kyle
- “Property Management Kit For Dummies” by Griswold and Griswold
- “Practical Apartment Management” by Edward N. Kelley
- “Property Management” by Laurelia Becky Smith