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New IREM Whitepaper Looks at Critical Leadership Skill of Team Building

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(Chicago, March 7, 2013) –Building and managing teams is one of the top skills essential to real estate management success, according to the findings of a recent survey of 800-plus top real estate management professionals conducted by the Institute of Real estate Management (IREM). A just-published IREM whitepaper, the second in a planned series focusing on leadership-related topics, highlights just what it takes to assemble and sustain successful teams.

Titled simply “Leadership Development: Building Teams,” the whitepaper explains the role emotional intelligence plays in the initial stages of team building and stimulating high levels of participation, cooperation and collaboration among members to achieve goals and operate cohesively. It clarifies the difference between a team and a workgroup, and provides insights and “how to” information on topics including:

  • Essential conditions for team effectiveness
  • The stages of forming a team and the leader’s role
  • How the team leader can grow and support team growth
  • Specific actions that can be taken to be a better team leader
  • How to avoid a team going bad or getting “derailed”
  • And much more.

It concludes with a summary of behaviors that define what it takes to be good at building teams and suggestions for enhancing that competency.

IREM Members can downloadLeadership Development: Building Teamsat no cost from, but they must log in as a member to download the publication free. The price of the publication for non-members is $5.99 and can be paid for by credit card (VISA, MasterCard, American Express, and Discover) and downloaded at

The Institute of Real Estate Management (IREM) is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing. An affiliate of the National Association of REALTORS, IREM is the home for all industry professionals connected to real estate management – and the only organization serving both the multi-family and commercial sectors.

We believe that good management matters, and that well-managed properties pay dividends in terms of value and in the quality of life for residents, tenants and customers. We believe in professional ethics. We believe in the power of knowledge and the importance of sharing it.

IREM offers a variety of membership types for professionals of every experience level, from on-site managers to high-level executives. Our credentials, earned by meeting high standards of education, experience, and ethical business practices, include: Certified Property Manager (CPM), Accredited Residential Manager (ARM), Accredited Commercial Manager (ACoM), or Accredited Management Organization (AMO).

Since 1933, IREM has set the standard for best practices in real estate management. Today, IREM membership includes nearly 18,000 individuals and 560 corporate members. To learn more about the IREM and its chapter network, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000) or visit