Graduate Real Estate Program

Stanford Alexander Center for Excellence in Real Estate

Center dedicated to development and application of best practices in the real estate profession

Innovative Practice Award Program

The Innovative Practice Award Program establishes the Real Estate Center as a national leader in advancing the professional expertise in the real estate profession.

Objective of the Innovative Practice Award Program "Definition"

"Innovative Practice"

A "Real Estate Innovative Practice" is an innovative methodology that, when applied to development of a real estate project, or related process, service or operation, is found to improve results and advance achievement of the desired objective.

The methodology will typically utilize interdisciplinary skill, knowledge sharing, and collaborative efforts. Therefore, it implies the combination of people, projects, and services.

"Innovative Practice Program"

The Innovative Practice Program is an annual program, whereby the Graduate Real Estate Program identifies an innovative methodology and demonstrates its value as an improvement over conventional approaches.

The Innovative Practice is then promoted through publication of a report and presentation at a symposium to expand its application and thereby advance expertise in the real estate profession.


Structure of the Program

The Innovative Practice Award Program

The Innovative Practice Award Program is a collaborative effort between real estate professionals and students enrolled in the FINA 7397 Research Seminar: "Innovation in the Real Estate Profession" course which will be conducted Spring, 2015 .

Governance

The Stanford Alexander Center for Excellence in Real Estate Committee of the Executive Advisory Board, (“Committee”) provides leadership and governance of the Initiative.

Task Force

A task force composed of 3-5 real estate professionals selected from the Committee, or as otherwise designated, and real estate students enrolled in the Research Seminar: "Innovation in the Real Estate Profession" course will be organized as a team to conduct the Innovative Practice Award Program.

Coordination and Technical Services

A staff member of the Graduate Real Estate Program will serve as coordinator to manage the overall Innovative Practice process under the direction of the Task Force. A professional will be engaged to provide research and publication preparation services for the program.

Partner Professional Organization Panel

Sixteen real estate industry professional organizations are partners in the Graduate Real Estate Program and offer a full range of expertise in all sectors of the industry and profession. This expertise is key to assuring the Innovative Practice Award Program addresses the full scope of possible candidate Practice/Projects for consideration as Award recipients. Therefore, representatives of the Partner real estate professional organizations will be impaneled to offer suggestions for candidate “Practice/Projects” for consideration and assessment by the Task Force.

 

 

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Open Sessions:
Every Thursday
Time: 9 – 10:30 a.m.
Location: Graduate Real Estate Program Offices, UCBB, 302
No Appointment Necessary

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UH Bauer Graduate
Real Estate Program

334 Melcher Hall,
Houston, TX 77204-6021
Physical Location:
UCBB Room 302
Phone: 713-743-1968
Fax: 713-743-5458
uhgrep@bauer.uh.edu
www.bauer.uh.edu/real-estate