Institute of Real Estate Management

Institute of Real Estate Management (officially, Institute of Real Estate Management of the National Association of Realtors[1]) is an international trade organization of real estate managers.. An affiliate of the National Association of Realtors, the IREM is made up of real estate management professionals, and is the only organization serving both the multifamily and commercial sectors.

Institute of Real Estate Management of the National Association of Realtors
FormationJuly 10, 1934; 90 years ago (1934-07-10)[1]
36-6214767[2]
Legal status501(c)(6) business league[2]
HeadquartersChicago, Illinois, United States
MethodsConducts courses in property management; convenes national meetings of property managers; and develops and publishes textbooks, reports, journals, and related products.[2]
Cheryl Gray, CPM[3]
Denise LeDuc-Froemming, CAE[3]
AffiliationsNational Association of Realtors,[2] Institute of Real Estate Management Foundation[4]
Revenue (2017)
$12,204,087[2]
Expenses (2017)$11,967,143[2]
Employees80[2] (in 2017)
Volunteers (2017)
554[2]
Websitewww.irem.org

The Institute of Real Estate Management has different tiers of membership. The organization issues different credentials, including: Certified Property Manager (CPM), Accredited Residential Manager (ARM) Accredited Commercial Manager (ACoM), or Accredited Management Organization (AMO).

IREM has been instrumental in providing accurate and continually updated information for real estate managers in real-time to aid in responses to COVID-19 and its impact on managed properties.[5] Its Pandemic Guide has been a resource for real estate managers globally.[6]

It was founded in Chicago in 1933.[7] As of April 2020, the Institute of Real Estate Management membership included almost 20,000 individual members and 1,108 corporate members consisting of both AMO headquarter and AMO branch firms.

See also

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References

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  1. ^ a b "Institute of Real Estate Management of the National Association of Realtors". Corporation File Detail Report. Illinois Secretary of State. Accessed on April 24, 2020.
  2. ^ a b c d e f g h "Form 990: Return of Organization Exempt from Income Tax". Institute of Real Estate Management. Guidestar. Accessed on April 24, 2020.
  3. ^ a b "Leadership". Institute of Real Estate Management. Accessed on April 24, 2020.
  4. ^ "Foundation". Institute of Real Estate Management Foundation. Accessed on April 24, 2020.
  5. ^ IREM and Flex Office Firms Issue Coronavirus Statements GlobeSt.com. March 4, 2020.
  6. ^ Managing Properties in the Age of Coronavirus Bisnow. March 14, 2020.
  7. ^ Hutson, Wendell (November 4, 2021). "Draper and Kramer executive named to Institute of Real Estate Management board". www.bizjournals.com. Retrieved 2023-09-23.
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