CHICAGO-The great exodus from real estate that occurred in the days when newly crowned MBAs thought they could get rich off technology has passed. And slowly, the ranks of the industry are beginning again to swell. Helping the cause is the locally based Institute of Real Estate Management, and 2005 president Anthony W. Smith isn’t leaving it to chance that future careers will be forged here.

“Before we can get new members into the organization, we have to get them into the business,” says the Norfolk, VA-based Smith, who is also vice chairman of CB Richard Ellis’ Mid-South region. To accomplish that goal, “we’ve initiated a strong outreach program to colleges and universities and even high schools, educating students about what real estate management is.”

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