Utah Real Estate Challenge 2023

2023 UREC Kick Off Video

Overview


The Utah Real Estate Challenge (UREC) is an intercollegiate real estate development competition for undergraduate and graduate students throughout the State of Utah. The competition fosters an understanding of real estate development by giving students the opportunity to prepare and present a development proposal to a panel of expert judges. A grand prize of $20,000 will be awarded to the team with the most promising and economically viable real estate development plan. A second prize of $10,000 and a third-place prize of $5,000 will also be awarded. The competition is made possible by the generous support of the Ivory-Boyer Real Estate Center Board, sponsors, mentors, judges and faculty from participating schools.

Resources

UREC 2023
Team Competition Packet

DOWNLOAD

UREC 2023
Finalist Awards Luncheon

Thursday, April 13, 2023, 11 a.m. MT
The Little America Hotel

ATTEND

2022 Competition Details

We would love to have you involved in the competition! The UREC team will hold information sessions at various colleges and universities throughout the state. These forums will include a UREC presentation explaining the parameters of the competition with Q&A sessions. In January, we are planning an in-person info session at the U which will also offer an opportunity to meet students from other disciplines and schools so you can build your team. We will create an online team building spreadsheet to assist with team creation. To schedule a session at your school, please contact Alicia Brooks at Alicia.Brooks@Eccles.Utah.edu.

Team Eligibility

Each team must have at least two members and no more than five members. All team members must be enrolled students at a college or university in the State of Utah. A graduating student may participate if they complete all the graduation requirements during the 2022 fall semester. Student standing will be verified by the UREC planning team. Teams may utilize unpaid outside consultants and mentors, but only registered team members are eligible for award money. Previous winning teams have had a strong combination of planning, construction, finance, and design.

Students who register for the competition may utilize educational forums and other resources to aid in the creation and implementation of their real estate development plan. UREC will provide important reminders of upcoming events, forums, key submission deadlines, and judges decisions via email and the UREC website.

Should you have any questions regarding the competition or if you’d like to arrange an information session for your school, please reach out to the following:

Questions about the packet? Confused about the competition rules? Reach out to the following: