Mission: Freeman Webb's mission is to cultivate a caring and professional environment which stresses honesty, hard work and the importance of serving our clients' interests as if they were our own. By remaining true to this mission, we will maximize the ...
Nashville-based Freeman Webb has been awarded the Institute of Real Estate Management's 2017 Accredited Management Organization of the Year Award.
The multifamily-focused real estate investor and manager was picked from among more than 1,100 Accredited Management Organizations worldwide as best exemplifying IREM's goals of providing professional, ethical real estate management services.
Bill Freeman and Jimmy Webb co-founded Freeman Webb, which over four decades has grown to a portfolio valued at nearly $2 billion and to more than 450 employees.
IREM is an international community of real estate managers. An affiliate of the National Association of Realtors, it has more than 19,500 individual and 560 corporate members.
Bill Freeman and Jimmy Webb have known each other for over 35 years. Their property management and real estate investment company has over 450 employees and manages over 15,000 apartment units.
They met at Nashville's Junior Chamber of Commerce, where both were members each being actively involved in that organization. Their involvement in community service gave opportunity for them to observe each others' commitment levels, work ethics, etc., that ultimately became the catalyst for a business partnership that was formed in 1979 and continues today as one of the area's most successful full-service real estate companies.
The two men borrowed the initial seed money to start the business, a small amount in comparison to today's investment requirements, and worried how they would pay it back.
"We had a plan from day one, and have since been doing the same thing," Freeman said. "That includes apartment and property management, commercial and residential real estate."
"We keep our eye on the ball and strive to become as good as we can," Freeman said. Those efforts brought national attention to the company recently when Freeman Webb was named Property Management Company of the Year.
Webb accredits the strength of employees' dedication to the company's continuing success. Many employees have been with the company 15, 20 and 25 years. Freeman Webb has been recognized for two consecutive years as a Best Place to Work.
"We try to develop a family atmosphere and great environment for all our employees," Webb stated. "We take great pleasure seeing our employees grow in the business. We support them educationally and offer attractive awards and incentives for their services."
The Freeman Webb partnership, likened to a marriage, has proven successful because of the strengths each brings to the table.
"You have to work at it like a marriage," Webb said. "Bill has this creed that the harder you work, the luckier you get. Then you're able to ride the storms for better days."
Freeman said Webb brings the organizational skills to the table. "We both have responsibilities and freedom to do our job, but are respectful when the other makes comments and recommendations."
"We are very similar but so different, so when we come together we can provide all perspectives of a situation," Freeman added.
In offering advice to aspiring entrepreneurs, Webb recommends adhering to the philosophy that your word is your bond and you do what you say you will do. Freeman said "integrity is of utmost importance. If you don't have integrity, its negative impact will spread throughout an organization."
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I worked at Freeman Webb full-time
Understanding upper management, great training, possibilities to move up, discounted rent...
None! Keep doing what you're doing!
I applied through an employee referral. The process took 4 days. I interviewed at Freeman Webb (Saint Louis, MO) in June 2015.
I knew someone within the company and inquired about open positions. I was referred to the Regional Manager who then brought me in for a face to face interview. I did quite a bit of research on the company and was pleased with what I read. Having personal roots in the areas of high property concentration, it felt a bit like coming home to be given the opportunity to interview.
The interview was casual, the manager easy to speak to, all in all a very laid back and positive experience. We spoke in the model of the apartment community so as not to be interrupted. They were looking to fill the position quickly and I happened to be available to begin quickly. It felt natural and easy; my decision to join the company was made in my mind before I left the property.