The Institute of Real Estate Management KASARA

Learning Objectives: Explain the purpose of the Institute of Real Estate Management (IREM) Show RAs how their current job translates into a career in real estate Provide RAs with a list of unique opportunities IREM can offer RAs during undergrad and postgrad KASARA

Vice President at Cushman & Wakefield Kasara Williams Vice President at Cushman & Wakefield Commercial Properties (Class A & Trophy Class Office Buildings) 10+ years of industry experience 2+ Years IREM Member Speakers Name Title Company Commercial, retail, or residential Years in industry Years as an IREM Member HOW I GOT INTO PROPERTY MANAGEMENT

Assistant Property Manager at Brandywine Realty Trust Shaniece Sanford Assistant Property Manager at Brandywine Realty Trust Commercial and Mixed-Use Properties 3 Years of industry experience 2 years as an IREM Member Insert photo Speakers Name Title Company Commercial, retail, or residential Years in industry Years as an IREM Member HOW I GOT INTO PROPERTY MANAGEMENT

IREM IREM is an international professional organization devoted to ethical building practices as well as the development and recognition of professional property managers. It serves the real estate profession with information, educational materials and publications designed to increase and promote professional property management.  KASARA IREM Brief history Background/what it does as an organization

Objective: KASARA Objective: Educate resident assistants and students about the opportunities in property management

How can IREM turn your job into a career? Resident Assistant Responsibilities Property Manager Responsibilities Complete building rounds and note resident misconduct Understand and uphold all university and residence hall rules, regulations and policies Address and document all policy violation Follow up on work order system requests Coordinate resident hall programs Facilitate and inspect resident move-ins and move-outs Conduct weekly walkthroughs of the property Enforce building rules and regulations in accordance with lease and laws Remit default notices to tenants who violate their lease Utilize work order software to resolve and track maintenance requests Promote tenant retention with tenant events and meetings Coordinate tenant move-in/out in accordance with the lease SHANIECE How IREM can turn what you do now into a long term career? Compare key RA Job Responsibilities with PM/APM/TSC Job Responsibilities

How can IREM turn your job into a career? Resident Assistant Benefits/Compensation Property Manager Benefits/Compensation Set annual student stipend Discounted student housing fee Early arrival/move-in date Early housing and residence life living assignment picks Salary of $44k+ 401k Stock Options Health Insurance Life Insurance Commuter Benefits Tuition Reimbursement for industry related coursework SHANIECE Compare RA Job Benefits to Property Management Career Benefits Stipend vs Salary On-Campus housing Benefits VS 401 K, Health/Life Insurance and Stock options

What is property management? Property management is the operation, control, and oversight of real estate as used in its most broad terms.  Management indicates a need to be cared for/monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business. KASARA What is property management? How is it different from other sectors of the real estate industry? DEVELOPMENT ACQUISITIONS CONSTRUCTION LEASING ARCHITECTS ENGINEERS MARKETING FINANCE OWNERS

Commercial | Residential | Retail SHANIECE What’s the difference between commercial, retail, and residential? Markets Commercial | Residential | Retail

SHANIECE What’s the difference between commercial, retail, and residential? Markets Commercial

SHANIECE What’s the difference between commercial, retail, and residential? Markets Residential

KASARA What’s the difference between commercial, retail, and residential? Markets Retail

What kinds of people are suited for property management? Problem Solver Team Player Detail Oriented People-Person Multi-Tasker SHANIECE What kinds of people are suited for property management? What skills are needed?

How do you get your foot in the door? Become a student member of IREM Apply to our IREM job postings Attend general membership meetings Take courses towards Certified Property Manager (CPM) or Accredited Residential Manager (ARM) designation. KASARA How do you get your foot in the door? Speaker share their stories OF HOW THEY GOT INVOLVED IN IREM IREM Job postings Networking Education

Vice President, Residential Benjamin Underwood Vice President, Residential B.F. Saul Company Michelle Gutierrez Senior Property Manager Rappaport Ebony Landon Portfolio Manager Vornado Katherine Shiplett Asset Services Director CBRE SHANIECE – WHO MEMBERS HAVE ACCESS TO: Benjamin Underwood Vice President, Residential at B. F. Saul Company Michelle Gutierrez Senior Property Manager at Rappaport Ebony Landon Portfolio Manager Katherine Shiplett Asset Services Director at CBRE IREM IS FOCUSED ON NETWORKING WITH OTHER PROPERTY MANAGERS

How to become an IREM member IREM77.ORG Follow us on Facebook: IREM Northern Virginia Chapter 77 Twitter:  @irem77va Instagram: IREMCHAPTER77 LinkedIn: IREM Chapter 77 Periscope: IREM77VA KASARA Student memberships available. Follow us on Social Media. Any questions?