by Shane Henson — September 18, 2013—The Institute of Real Estate Management (IREM) recently announced that it is partnering with staff and students within the University of Baltimore’s Real Estate and Economic Development (REED) program to advance the real estate management profession through education and to encourage interest in the profession as an attractive career opportunity.
IREM says it has long been committed to promoting real estate management careers and attracting a pool of new talent to the industry through academic outreach. The University of Baltimore’s REED program is designed to prepare graduates for careers in real property and offers a Bachelor of Science in Real Estate and Economic Development. Graduates gain a comprehensive set of business skills and learn all about facets of real property, including marketing, community development, financial evaluation, and law.
Under the terms of the memorandum of understanding signed by the parties, IREM will:
- Recognize REED as a provider of real estate education on IREM’s Web site and in other promotional materials;
- Recognize the University of Baltimore’s Bachelor of Science in Real Estate and Economic Development degree as one that fulfills the specified educational requirements for IREM’s Certified Property Manager (CPM) designation;
- Provide REED with resource material to use in developing its real estate curriculum and materials about careers in real estate management for distribution to its students; and
- Connect REED to IREM’s Maryland Chapter No. 16 for purposes of mutual collaboration.
For its part, REED will, among other initiatives:
- Recognize IREM as a principal provider of real estate management education and credentials;
- Utilize IREM textbooks and resource material, as appropriate, to develop and deliver its real estate management curriculum;
- Make information about IREM’s student membership program available on the UB Web site; and
- Provide IREM Maryland Chapter No. 16 a seat on the Real Estate Advisory Board of the Merrick School of Business and extend an invitation to a representative of IREM Headquarters to attend the Real Estate Advisory Board meetings held each May.
