Formation: | [1] |
Status: | 501(c)(6) business league[2] |
Headquarters: | Chicago, Illinois, United States |
Leader Title: | President |
Leader Name: | Cheryl Gray, CPM[3] |
Leader Title2: | Chief Executive Officer |
Leader Name2: | Denise LeDuc-Froemming, CAE |
Affiliations: | National Association of Realtors, Institute of Real Estate Management Foundation[4] |
Volunteers: | 554 |
Institute of Real Estate Management of the National Association of Realtors | |
Tax Id: | 36-6214767 |
Employees: | 80 |
Employees Year: | 2017 |
Volunteers Year: | 2017 |
Revenue: | $12,204,087 |
Revenue Year: | 2017 |
Expenses: | $11,967,143 |
Expenses Year: | 2017 |
Methods: | Conducts courses in property management; convenes national meetings of property managers; and develops and publishes textbooks, reports, journals, and related products. |
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.
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.