The Alabama Center for Real Estate is housed within the University of Alabama’s Culverhouse College of Business. ACRE is organized to provide national thought leadership and relevant resources in the areas of research, education and networking that enhance Alabama’s real estate industry. The heart of ACRE is advancing relationships by providing servant leadership with a passionate, adaptable and humble spirit. It was established by legislative act in 1996 with support & guidance of its founding partners, the Alabama REALTORS, the Alabama Real Estate Commission and The University of Alabama.
The Advisory Board of the Alabama Center for Real Estate, with the advice and concurrence of the Dean of the Culverhouse College of Business, has adopted the following guiding principles for the Center for Real Estate:
- Dissemination and interpretation of new knowledge
The Center will aggressively provide education and seminars to industry stakeholders and will establish an industry reputation for leadership.
- Real estate forecasting:
The Center for Real Estate will identify gaps in forecasting and tracking of real estate trends and will establish a credible reputation as a source of real estate forecasts for the region and its sub-markets.
- Real estate research:
Scholarly research will be focused on projects with broad and direct impact upon industry stakeholders.
- Provision of data resources and publications:
The Center for Real Estate will ensure that it continually provides high quality, relevant and valuable products and services to its stakeholders in an efficient and effective manner.
- Student support:
The Center for Real Estate will prioritize training of new talent, focused on real estate, and will always utilize its activities as opportunities to train students and to create and place the resources.
Alabama Association of Realtors
The Alabama Association of REALTORS® (AAR) is the largest statewide organization of real estate professionals. United by adherence to a Code of Ethics, its members work as real estate professionals in the sale, lease, appraisal, and development of residential, rural and resort properties throughout Alabama. The Association serves as the voice of the real estate industry in Alabama and as the official advocate of Alabama’s multifaceted real estate industry before state, local, and federal government. The Association also administers the Alabama REALTORS® Political Action Committee (ARPAC), the official political action committee representing the interests of the Alabama real estate industry.
Alabama Real Estate Commission
The Alabama Real Estate Commission has a long-standing tradition dating back to January 1st of 1928 of serving the public through the licensing and regulating of its licensees. With over thirty-three employees working in areas of accounting, investigation, public relations, information technology, licensing, and education, they ensure excellence in the real estate profession by exhibiting stewardship, service, innovation and integrity in everything they do. The governing leadership of nine commissioners helps build a broad statewide perspective on everything they do. The Commission: Empowering, Connecting and Educating the great people of Alabama in all things Real Estate.
Culverhouse College of Business
The Culverhouse College of Business is an inclusive community engaged in innovative research, service, and rigorous learning – with a personal touch – that develops highly respected business leaders who solve challenges of the global society.
Culverhouse College of Business students have access to an uncommon variety of resources within an institution that is renowned for its top faculty, staff that take a hands-on approach toward student support, and a cutting-edge curriculum.
The College was ranked by U.S. News & World Report #44 in the nation overall and 28th among public business schools for 2020-2021.