Entry-Level CRE Job Openings Drop, Setting Up Talent Squeeze
The commercial real estate (CRE) sector is facing a significant challenge as entry-level job openings continue to decline. Over the past two years, there has been a marked decrease in opportunities for young professionals seeking to enter the industry. This trend poses a substantial barrier for those aiming to gain the skills and experience necessary for advancement.
According to data from real estate job site SelectLeaders, listings for positions requiring zero to four years of experience have dropped by 26% year-over-year as of May. This follows a 35% decline between May 2022 and 2023. Such reductions are exacerbated by a weak commercial real estate market, where entry-level roles are often the first to be outsourced to artificial intelligence or overseas workers.
Andy Hunt, director of the real estate program at Marquette University, likens the situation to a “glass-half-empty version of the Goldilocks story,” where prolonged uncertainty stifles decision-making, impacting entry-level hiring more than other areas.
Many firms have been more conservative when hiring for CRE roles, due to an industry slowdown.
The impact of this decline is uneven across the industry. While some sectors and regions, such as asset management in Florida or Texas, continue to offer opportunities, others, particularly transaction or financing roles in the Midwest, are experiencing hiring freezes. BGO Chief Economist Ryan Severino notes that several large CRE organizations have halted hiring altogether.
Collete English Dixon, executive director of the Marshall Bennett Institute of Real Estate at Chicago’s Roosevelt University, emphasizes the importance of finding niches where students can excel, despite the broader hiring challenges.
Technology, especially AI, looms large over the hiring landscape. As AI’s capabilities expand, tasks traditionally handled by entry-level workers may increasingly fall to automation. English Dixon warns of the need to balance teaching fundamentals with preparing students for an AI-driven future.
Hiring trends have placed Gen Z applicants for CRE roles in a tough position.
The current hiring environment is particularly challenging for recent college graduates. At the University of Central Florida, only half of the 100 real estate graduates have secured positions through internships, while another 25 have job offers through other means. At Marquette University, about 60% of the recent class of 40 real estate students have jobs lined up, with many still searching.
RCLCO Management Consulting Practice Managing Director Ellen Klasson highlights the potential long-term impact of starting a career in a challenging environment, noting that the conditions at the beginning of one’s career can influence the entire trajectory.
For more insights on this topic, you can read the full article on Bisnow.
More Articles
Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!
Florida’s insurance market is under intense pressure as millions of residents and trillions in property wealth cluster along hurricane‑vulnerable coastlines. This article breaks down how decades of growth in high‑risk zones created today’s crisis, why traditional pricing models can’t keep up, and what real estate and insurance professionals must do to stay ahead. It offers actionable insights on underwriting, risk communication, policy partnerships, and resilience planning—critical knowledge for anyone advising Florida homeowners or navigating the state’s evolving insurance landscape.
Florida’s homeowners insurance market may have stabilized, but not in the way residents hoped. After years of runaway increases, premiums have stopped spiking—but they’re holding at painfully high levels. Coastal properties remain the hardest hit, with some policies topping $15,000 a year, while insurers continue demanding costly upgrades and resisting calls for transparency. For real estate professionals, understanding these pricing pressures is becoming essential as insurance costs increasingly shape buyer decisions across the state.
Florida homeowners face soaring premiums, shrinking insurer options, and storms that grow stronger each year. This article breaks down what hurricane insurance actually covers, how deductibles really work, why flood insurance is essential, and what professionals in real estate, mortgage, and insurance must understand to protect clients and properties before the next major storm hits.
Teresa King Kinney, one of the most influential executives in modern real estate, is retiring after 33 years as CEO of the MIAMI Association of Realtors. Under her leadership, the organization grew from 5,000 members to 60,000, became a global real estate powerhouse, and built the nation’s largest association‑owned MLS. As she transitions into CEO Emeritus, MIAMI prepares for a new era shaped by the foundation she spent decades building.
Miami’s commercial property market is heating up again, posting an 11% jump in investment volume for 2025. The surge is driven largely by a revitalized retail sector fueled by population growth, strong tourism, and new mixed‑use development. While office and industrial activity remains steady but softer, investor confidence is returning as Miami’s CRE landscape matures and buyers re‑enter the market with renewed interest in high‑traffic retail opportunities.
The Federal Reserve is preparing major changes to mortgage regulations in an effort to pull more mortgage activity back into the banking sector. With banks losing significant market share to nonbank lenders over the past decade, Fed Vice Chair for Supervision Michelle Bowman says new proposals may ease capital requirements and make mortgage servicing more attractive for banks. These shifts could have wide‑ranging effects on real estate professionals, lenders, and borrowers as the balance of power in the mortgage market begins to shift once again.
