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    20th Annual National Real Estate Challenge - Details 2022

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    adwitiya1

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    20th Annual National Real Estate Challenge - Details 2022

    Uploaded by

    adwitiya1
    2 views4 pages

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    © All Rights Reserved
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    2 views4 pages

    20th Annual National Real Estate Challenge - Details 2022

    Uploaded by

    adwitiya1

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    20th Annual National Real Estate Challenge | Thursday, November 17, 2022 – Austin, TX

    RULES AND REGULATIONS

    1. TEAM COMPOSITION:
    Each school may enter only ONE team with at least four members but no more than six members. Team
    members must be graduate students currently enrolled in graduate level classes at your university. You
    may compose the team of your best mixture of first and second-year students. Beyond the educational
    component of this event, the primary purpose of the Challenge is to showcase the talent of students who
    will either be graduating this academic year and on the job market and internship candidates.
    Substitution of team members will not be allowed once the case is released to all teams.

    2. TEAM NAME:
    Each team should select a team name which provides no reference to their school, mascots, etc. No logos
    or any other school references are to be included on the team’s presentation materials. This includes
    PowerPoint presentation slides, clothing, etc. No verbal references of school affiliation are to be made to
    the Judges during the team presentations.

    3. FACULTY ADVISORS:
    Each team should have at least one faculty advisor. The role of the faculty advisor is two-fold:
    a. to formally acknowledge and approve of the team's participation in this competition on behalf of the
    university and to confirm that all team members are currently enrolled as graduate students at the
    specified school; and
    b. to provide advice and guidance to the student team in preparation prior to receipt of the case (but
    not during the case analysis or competition). Please note that the faculty advisor is not allowed to
    discuss the actual details and merits of the case with the team, nor should they provide or facilitate
    outside assistance from others to the team. The desire of the Challenge is to judge how the student
    team (and not its faculty, staff, alumni, or friends) has approached the questions and issues involved.
    c. Upon clear understanding of the required, aforementioned rules, the faculty advisor will only be
    invited to participate during the awards ceremony at the conclusion of the event in Austin. No guests
    or advisors can be present for any team presentations during the preliminary rounds or the finals.

    4. RESUME BOOKS:
    Teams must submit the headshots and resumes of the team members for the Challenge Resume Book. All
    students and judges will be provided with a resume book, which will include all participating students’
    resumes, to facilitate follow up interaction. The purpose of the Challenge is not only educational, but is
    also meant to provide students and industry professionals the opportunity to network with each other
    after the event. Several judges are selected not only on their expertise, but also due to their firm’s
    historical active recruiting of real estate MBAs.

    5. CASE DISTRIBUTION:
    The case will be distributed at 5:00 pm (Central Time) via email to each team on Thursday, November 10,
    2022, the Thursday prior to competition day. Once the case is distributed, outside assistance is NOT
    acceptable. Teams cannot discuss any details of the case with anyone who is not a team member. Faculty,
    students, alumni, family members, peers, or industry professionals are NOT allowed to advise the team
    members on the case. The goal of the challenge is to judge how the team (and not its faculty, alumni, or
    friends) has approached the questions and issues involved.
    Teams may access any public research data available to them via the Internet or other electronic means
    only. Invariably, some students will try and find out which actual asset the case is about and then
    contact principals and agents associated with the transaction to gain an advantage. Not only is this
    behavior prohibited, but is easy to discover (the real estate community is a small world) and may very
    likely result in the team being disqualified from this and future competitions.

    6. CASE QUESTIONS:
    Questions that arise after the case has been distributed should be submitted by email to the individual
    designated in the case distribution within 24 hours of receiving the case, no later than Friday, November
    11th at 5:00 pm CST. Questions will only be answered via email to all teams IF the case writers deem the
    answer as being critical to a team’s ability to solve the case and the case does not contain enough
    information for the team to solve the issue themselves.

    7. CASE PRESENTATION MATERIAL:


    Upon case distribution, each team will be provided instructions on submitting the final written material
    (PowerPoint presentation slides) by the due date and time. Your PowerPoint presentation slides with your
    case analysis will be due by 5:00 pm (Central Time) via Dropbox on Sunday, November 13, 2022; the
    Sunday before the live competition. No changes to a team’s slides will be allowed after the due date and
    time. The presentation you upload to Dropbox is considered your final version and updated versions will
    not be allowed. Teams can continue to work on their oral presentation throughout the week in
    preparation for the competition.

    8. LIVE COMPETITION PRESENTATIONS:


    On the live presentation day, there will be one preliminary round (all teams) and one finals round (four
    teams). The room assignments, time slots, and team presentation order will be determined by a random
    draw prior to presentations.

    Preliminary Round: With a total of 20 teams, there will be four (4) presentation rooms, with five (5)
    teams presenting in each. The first presentation will begin promptly at 8:30 am CST. Each room will
    contain a room host who will be in charge of monitoring the room and keeping time. The designated
    room host will be in charge of checking that the presentation the team uses is the version of the
    presentation that was submitted by the November 13th deadline.

    Any change in the content of the presentation the team shares on the day of the presentation will result
    in immediate disqualification of that team. Each presentation will be strictly limited to 20 minutes in
    length followed by 5-10 minutes of questions from the judges. If teams complete their presentation in
    under 20 minutes, then the extra minutes will be added to the Judge’s Q&A time, for a total time of 30
    minutes allowed for each team in front of the judges. It is recommended that every team member
    participate with a speaking part in the presentation. Judges will select only one team from each room
    to advance to the finals.

    Finals Round: Four presentations between the top teams from each of the four rooms from the
    preliminary round. Format remains the same, twenty (20) minutes for team presentation, ten (10)
    minutes for Q&A.
    Any faculty advisors, other student teams, or other invited guests will only be permitted to participate in
    the closing award announcement. The judge’s panel will determine First, Second, Third, and Fourth Place
    winners from among the finalist teams.

    9. AWARDS:
    The decision of the judges is final. Cash awards to each member of the winning teams will be
    distributed via U.S. Mail after the competition. Federal/tax information, including ID and Social Security
    Number and/or foreign citizenship information will be required from each individual prior to cash
    distribution. Cash awards are considered taxable income by federal law. Cash awards are divided evenly
    among all members of a winning team.

    Cash awards are distributed as follows:


    • First place team: $12,500
    • Second place team: $10,000
    • Third place team: $7,500
    • Fourth place team: $5,000
    • Honorable Mentions from Preliminary Rounds: $2,500

    10. DRESS CODE:


    Business dress is required on presentation day. Business casual is requested at the reception and the
    dinner on the night prior to the competition.

    11. EXPENSES:
    All travel expenses including hotel, airline, and ground transportation are the sole responsibility of each
    team and/or sponsoring school. Meals will be provided to all participants of the Challenge from day one’s
    opening dinner through breakfast and lunch on day two (Competition day).

    12. IMPORTANT NOTE:


    Failure to comply with these regulations may result in team penalties or disqualification from this and
    future competitions.

    DEADLINES:
    Friday, October 7, 2022– 5:00 pm (Central Time)
    Team registration due. Submit your University name, team name, advisor information, team roster (first, last
    name, email address) via Eventbrite. No exceptions.

    Friday, October 28, 2022 – 5:00 pm (Central Time)


    Team resumes and headshots due. No exceptions. DropBox folder will be shared with project team leader once
    your team is registered.

    Thursday, November 10, 2022 – 5:00pm (Central Time)


    Case distribution. This will be sent electronically and once the case is distributed, outside assistance is not
    acceptable. No exceptions.

    Sunday, November 13, 2022 – 5:00pm (Central Time)


    Presentations due. Please submit these electronically no later than this date and time.
    No exceptions. A Dropbox link will be provided for submissions.
    EVENT SCHEDULE:
    Thursday, November 17, 2022 – AT&T Executive Conference Center
    All times listed are Central Standard Time and our subject to change

    7:00 am Day-of schedule released to each team


    8:30 – 12:00 pm Challenge Preliminary Presentations
    12:00 – 1:00 pm Break
    1:00 – 3:00 pm Final Presentations
    3:30 – 4:30 pm Awards Ceremony

    PLEASE DISSEMINATE THIS DOCUMENT TO ALL TEAM MEMBERS

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