Association Anticipates Shortage of Real Estate Managers in Near Future

The Chicago-based Institute of Real Estate Management (IREM) has forecasted a shortage of professional real estate managers in the near future and, to take action, has launched a new initiative. In an effort to attract the best and brightest young people to the profession of real estate management, the association is creating a membership category for undergraduate and graduate students attending an accredited college or university fulltime.

IREM President Tony Smith explains the need for the new program, stating: “We have created this new membership category because so many of our colleagues will retire soon and, separately, because of the ever-growing demand for professional real estate managers. Through our outreach program, we have assumed a leadership role in capturing the interest of students and others who are making career decisions and encouraging them to consider real estate management as a career path. Moreover, we are pleased that an increasing number of colleges and universities are offering studies and degree programs in real estate management.”

To find out more about IREM or its outreach program, visit (www.irem.org).