Connections Through Camaraderie A Look At IREM New York

Since 1933, the Institute of Real Estate Management (IREM) has been the leading source of the education, credentialing, and development for real estate industry professionals both in the United States and abroad. As an affiliate of the National Association of Realtors, IREM provides credentialing to managers of multifamily apartments, condominiums and homeowners' associations, public and assisted housing, as well as office buildings and shopping centers. Education and certification is available to managers at all levels, from site managers to management company executives. According to the group, IREM is the only organization committed to serving all property managers of all property types.

An Overview

IREM counts 16,000 individual members and 540 company members who have earned the organization's credentials. IREM also has 700 associate members, a non-credential form of membership. IREM has 85 chapters across the United States, as well as established chapters and partnerships around the world. Ranging in size from under 20 to over 400 members, each chapter offers members a wide variety of locally sponsored educational events and other support services. Paid staff administers some chapters, while others are supported and run entirely by volunteer efforts. The organization is directed by a leadership team of volunteer members and is run on a day-to-day basis by a group of association management professionals. A member-driven organization, IREM consists of committees, subcommittees, regional vice-presidents, state chapter presidents and a national board of governors.

Management With a Mission

The mission of IREM is four-fold: to educate real estate managers and certify their competence and professionalism, to enhance its members' professional competence, to serve as an advocate on issues affecting the real estate management industry, and to advance the professional stature of real estate management. IREM offers three different education- and experience-driven credentials, each of which comprises a membership category:

CPM (Certified Property Manager) designation: for individual property and asset managers working with large portfolios of all property types - residential, commercial, retail and industrial.ARM (Accredited Residential Manager) certification: for managers of residential portfolios, including conventional apartments, federally-assisted housing, public housing, condominiums, dormitories, homeowners' associations and mobile home parks. AMO (Accredited Management Organization) accreditation: to recognize excellence among real estate management firms. Only firms that achieve the highest level of performance, experience and financial stability can earn the AMO accreditation.

IREM also has an associate membership category open to real estate professionals without an IREM credential who are involved in virtually any area of real estate management.

IREM helps its members advance their careers by providing them with state-of-the-art educational programs that are delivered in three ways: through traditional classroom course instruction, via home study courses, and on the web. It also offers members products, such as books, videos and marketing tools as well as insightful research reports that help members benchmark their operating costs against others in their market area. The Journal of Property Management, an award-winning bimonthly magazine, delivers news and information members need to solve management problems and improve business operations.

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