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IREM and the IREM Foundation Announce New Writing Competition for College and University Real Estate Faculty and Students

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(Chicago, September 4, 2013) – To encourage excellence and promote scholarship in the field of real estate property and asset management, the Institute of Real Estate Management (IREM) and the IREM Foundation are sponsoring, for the second year in a row, writing competitions for college and university students studying real estate as well as their professors.

“One of IREM’s key goals is to make real estate students aware of the many attractive career paths available in real estate management so that our industry sector attracts the best and the brightest,” said IREM 2013 President Beth Machen, CPM. “Sponsoring these competitions creates opportunities to raise this awareness by reaching out to the students directly and through the professors who teach them.”

WINNING ENTRANTS RECEIVE CASH PRIZES AND MORE
The faculty competition is open to instructors who teach full-time in undergraduate or graduate degree programs in fields related to real estate.  Their entries must address the evolving roles of property and asset managers, the similarities and differences between the two, and what practitioners may be facing in the days ahead. The winning entrant will receive a $1,000 cash award, a recognition plaque, and have his/her submission be published in IREM’s Journal of Property Management.

Any full-time student enrolled in a real estate or related field is eligible to enter the student writing competition.  Acknowledging that attracting students and young professionals to real estate management careers is crucial to the industry’s well being, the topic of the student competition is:  What can employers do to attract newcomers to real estate management and support them in the early stages of their careers?  The winning entrant will receive a $500 cash award and an all-expenses-paid trip to IREM’s Leadership and Legislative Summit in April 2014 in Washington, DC, to accept the award, in person.

Additional information about the competition and submission guidelines can be found at  www.irem.org/academicresources.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION
The Institute of Real Estate Management (IREM) Foundation, established in 1977, is a nonprofit 501(c) (3) public foundation. The IREM Foundation is committed to attracting, developing, and retaining individuals for careers in real estate management. This mission is supported by the generosity of individual IREM members and chapters, corporate sponsors, and private contributors.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
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 www.irem.org.