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How Can IREM® Help You Throughout Your Career? | David E Wish

Every homeowner wants to sell his or her property for its maximum value. And, too often they end up choosing an estate agent simply on the basis of whoever provides them with the biggest initial valuation. However, this will be a costly mistake. David Wish, a real estate developer in Illinois, Chicago. David E Wish is an experienced person and was CEO Owner of Wish Enterprises from March 1986 to 2009.<br>

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How Can IREM® Help You Throughout Your Career? | David E Wish

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  1. How Can IREM® Help You Throughout Your Career? David E Wish

  2. What Is A Property Manager? • A property manager is someone who – Maintains and manages property according to the goals of ownership – Oversees property for an owner or group – Personally interacts with residents and tenants to ensure satisfaction and renewal – Prepares financial statements and budgets of property – Manages employees and contractors – Ensures property is safe, marketable, and up-to-code

  3. Property Manager Duties Property Manage r

  4. Who Is Property Management for? • Dynamic individuals • Calm under pressure • Strong communication skills • Ideal for persons with a degree in – Property Management – Real Estate – Business – Finance – Accounting – Hospitality

  5. Properties Managed • Commercial and Industrial Properties • Residential Properties – Apartments – Student housing – Public housing – Condominiums – Military housing – Senior housing – Shopping centers, retail properties, malls – Office buildings – Research parks – Industrial properties – Airports, marinas

  6. Employers of Property Managers • Property management firms • Full-service real estate companies • Commercial banks • Government agencies • Insurance companies • Private investors • Corporations • Real estate investment trusts (REITs)

  7. Property Management Positions Management Company Executive Asset Manager Regional Manager Property Manager Site Manager

  8. What is IREM®? The Institute of Real Estate Management (IREM®) is an international community of real estate managers across all property types dedicated to ethical business practices and maximizing the value of investment real estate. • – 19,000 individual members – 500 company members – 80 U.S. chapters – 13 international chapters

  9. How Can IREM® Help You Early in Your Career? • Student Membership • Associate Membership • IREM® young professionals • Chapter involvement • Education

  10. How Can IREM® Help You Throughout Your Career? • Local chapters • Networking events • National conferences • Publications • Journal of Property Management • Online job board - free to job seekers

  11. IREM® Credentials Education Experience Ethics

  12. Education: Fast-Track Degree Options CPM Education Requirement ARM Education Requirement ACoM Education Requirement

  13. CPM® CERTIFIED PROPERTY MANAGER® For individual real estate and asset managers working with large portfolios of all property types residential, commercial, retail and industrial. REQUIREMENTS TO EARN THE DESIGNATION ARE: • Educa&on – through IREM® courses or through a fast-track option • Experience –36 months real estate management experience • Ethics – promise to uphold the IREM® Code of Professional Ethics and pass the IREM® ethics course • Examina&on – Management plan and CPM exam

  14. Property Management Compensation Compensation depends on . . . • Type of property managed • Size of portfolio and scope of responsibility • Type of employer • Length of time in the business • Geographic market

  15. THANK YOU

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