The real estate market has recovered strongly. Unsurprisingly, an increasing number of people are exploring a career in REITs. Do you know what REITs are? REITs are Real Estate Investment Trusts.
In this article, we will discuss the best paying jobs in real estate investment trusts.
As the Real Estate industry expands, more and more individuals rush to invest in it. As a result, more people are interested in working with REITs. And why wouldn’t they? The industry offers enormous earning potential as well as a diverse range of chances.
Are you seeking chances in real estate investment trusts as well? Then you’ve come to the correct spot. This article will discuss the highest-paying occupations in real estate investment trusts.
REITs provide a number of benefits. They are fantastic portfolio diversifiers with low portfolio risk. REITs have provided strong returns, consistent passive income, and long-term capital. They are tax-efficient and have government pass-through status. Large or small investors might benefit from efficiently allocating their cash in the real estate market.
REITs (real estate investment trusts) are occasionally used to finance real estate. REITs are comparable to stocks in that they allow investors to purchase valuable assets and get a predictable shared income. Best paying jobs in real estate investment trusts are great options for all.
Let’s understand what is meant by Real Estate Investment Trusts:
Real Estate Investment Trusts are entities that hold and manage real estate. They possess a variety of assets, including retail malls, hospitals, and commercial buildings. They make money by exchanging these properties and compensating the investors.
People have historically utilized real estate investing to supplement their passive income. It is a risk-free investing strategy that also produces large profits. Consequently, it is a rewarding job option that allows one to make a difference in people’s lives.
Real estate investment trusts may also finance real estate in specific cases. Real estate investment trusts (REITs) are similar to stocks in that investors can vest valuable properties and get a consistent shared income.
This is why many individuals see real estate investments as a great way to diversify their passive income streams. These commodities, as well as the promise of big returns, entice individuals to invest in real estate.
Are you seeking secure investments with large returns? Then check out these best-paying jobs in real estate investment trusts mentioned in this article!
Types of Real Estate Investment Trust
Now that you know about real estate investing, take a look at the many types of REITs available to you. Each of them earns cash through rent collecting, home sales, or mortgages.
-
Debt Real Estate Investment Trust
Debt-oriented REITs are companies that lend money to consumers who wish to acquire real estate. This is comparable to lending firms in that debts are given to the purchaser in exchange for loan interest.
The monthly interest cost from the loan generates this form of investment income. The sole disadvantage of this investment is the risk of being duped. Many customers postpone their payments, and some simply walk away without paying interest.
-
Equitability Real Estate Investments Trusts
Equitability REITs invest in industries such as apartments, residential real estate, stores, marketplaces, and resorts. Once the plan has been accepted, the real estate investment trusts will develop, supervise, and construct the hub.
Following that, REITs will give investors a share of their profit. The revenue from the investments as a whole serves as the REITs’ total earnings and is shared according to the agreement.
-
Medical-Oriented Real Estate Investments Trusts
Medical-focused REITs invest in assets such as multi-specialty clinics, research centers, and healthcare complexes. It’s difficult to see this one failing because they’re now in high demand.
The need for hospitals is growing. Labs, particular testing, and nursing facilities all have their own requirements. Thus it’s safe to claim that investing in the medical sector will make you money and will undoubtedly help your business grow.
-
Merchandise Real Estate Investment Trust
Retail shops and marketplaces, such as department stores, shopping malls, supermarkets, and other hubs, are examples of merchandise investments.
REITs, on the other hand, will not manage or produce these. Instead, they assign purchasers loans and collect revenues from retail stores and market operators.
-
Domestic Real Estate Investment Trust
This REIT will begin by developing homes, apartments, large-scale community centers, complex centers, and other amenities. These are some of the primary tasks of domestic REITs.
Land and property enterprises will not encounter downturns in any industry, since each sector handled by a real estate investment trust is a suitable career choice. What are you waiting for? Invest and work your way to financial success and independence.
Job Descriptions for Real Estate Investment Trusts
Back offices, operating responsibilities, dealing with consumers, and many more employment activities are available in real estate investment trusts. REITs offer access to each of these divisions.
To summarise, REITs raise money from investors to create or acquire properties, and in exchange, they optimize cash flow for investors.
21 Best Paying Jobs in Real Estate Investment Trust
1. Senior Director
The first best-paying job in a real estate investment trust is being a Senior Director. Becoming an investor is the best alternative if you’re looking for the highest-paying jobs in real estate investment trusts.
Mainly oversees all areas, from fund administration to strategy formulation, and has the capacity to have an extensive understanding of the real estate investment company.
Job Description:
- Handling money
- Purchasing real estate assets
- Increasing the property’s worth
- Using tactics to increase one’s income
Annual salary range: $25,000-$12,1000
Prerequisites: A degree in finance, economics, business administration, computer science, statistics, or mathematics
2. REITs Analyst
This is another best-paying job in a real estate investment trust position that ranks high on our list of the highest-paying occupations in real estate investment trusts. A REIT analyst assists the real estate and finance divisions with property acquisition, sale, marketing, and financing.
They assist in the research, analysis, and monitoring of real estate market trends, allowing the organization to make sound property decisions.
Job Description:
- Doing research
- Managing massive workloads
- Commercial property evaluation
- Keep an eye on marketing trends.
- Offering successful investment suggestions
Annual salary range: $79,360-$150,490
Qualifying requirements include a Bachelor’s or Master’s degree and 4 to 7 years of comparable experience.
3. Compliance Officer
Next one of the best-paying jobs in real estate investment trusts are becoming a Compliance Officer. They operate legally and ethically owing to their competence in risk management and awareness of legal standards.
Job Responsibilities:
- Identifying flaws
- Create and update company policies
- Creating a successful compliance program
- Developing and monitoring internal controls
- Employee education and training on risks and organizational objectives
Salary Range: $66000 – $157000 excluding bonuses and incentives
Eligibility: BSc/BA in law, finance, business administration, or a similar profession with prior experience as a Compliance Officer. Professional certification will be beneficial.
4. Real Estate Agent
Next one of the best-paying jobs in real estate investment trusts are becoming a real estate agent. A buyer-seller intermediary who gives comprehensive sales, communication, and negotiating training. A nice and trustworthy demeanor will be ideal for this employment.
Job Description:
- Creating networks
- Authenticating documents
- Do a market analysis
- The list of available properties is being updated.
- Both vendors and buyers are guided and assisted.
- Considering the client’s needs and financial budget
Salary Range: $45000- $112000, depending on experience
Eligibility: Real estate agent license with a documented track record of success in sales.
5. Property Appraiser
Choosing a profession like Property Appraiser is next one of the best-paying jobs in real estate investment trust. They offer the actual worth of the property based on their keen market knowledge.
Job Functions:
- Site Visits
- Report writing based on analysis
- Property evaluation and ratings
- Considering all of the elements that influence property market value
Salary Range: $14,000- $142,000 per year
Qualifying requirements include a BS degree in a related discipline as well as a license. Expertise in related software.
6. Attorney
As an in-house counselor, he deals with legal contracts and tax concerns. They pay close attention to detail because they manage such an important component of the firm. If you have one of the highest-paying jobs, you may easily save $100,000 in six months. This is also the most chosen job among best-paying jobs in real estate investment trusts.
Job Description:
- Report writing and review
- Defending the firm against legal liabilities
- Providing rules and regulations to managers
- Attending legal meetings on behalf of the corporation
- Managing all legal procedures such as contracts, patents, and so on.
Salary range: $134,943 to $171,444.
Eligibility: A BA in law with a current license to practice and demonstrated law firm experience is required.
7. Real Estate Broker
The next one of the best-paying jobs in real estate investment trusts is being a real estate broker. Help sellers advertise their houses by emphasizing local features. Theirs demonstrating and selling abilities are advantageous to any company or person. As a result, this position is among the attractive self-employed jobs that provide us with several perks.
Job Description:
- Attending real estate auctions
- Real estate agent supervision
- Introducing property to prospective buyers
- Working with attorneys, stakeholders, contractors, and others
Salary range: $10,000-$145,000 plus commission
Eligibility: A valid real estate broker license and documented experience as a real estate broker are required.
8. Project Manager
The individual who is entirely responsible for property upkeep and client pleasure. Their customer-centric strategy boosts revenue and asset value. This is one of the most chosen best-paying jobs in real estate investment.
Job Description:
- Obtaining financial objectives
- Inspection and maintenance management
- Developing and carrying out yearly budgets
- Keeping a good connection with tenants
Salary Range: $31,330 to $134,570
Eligibility: A diploma or a degree is necessary, as well as three years of experience in leasing, hospitality, or administrative work.
9. Drafter
A specialist who can convert concepts into blueprints with the assistance of a team of engineers and architects and meet the structural and design needs of clients. This is also among the most chosen best-paying jobs in real estate investment trusts.
Job Responsibilities:
- Making designs
- Finalizing designs
- Material inspection is essential.
- Obtaining approval from clients or higher-ups
Salary Range: $36,590-$83,740
Eligibility: A bachelor’s degree in engineering or architecture from a technical college. Experienced in computer-aided design (CAD) software.
10. Leasing Consultant
Next on the list of best-paying jobs in a real estate investment trust is a leasing consultant. A competitive strategy for customer acquisition puts them in the proper direction.
Job Functions:
- Finding Tenants
- Finishing contracts
- Recognizing Possibilities
- Lease terms must be negotiated.
- Validating client data
- Keeping track of the state of a property
Salary Range: $28,796 – $35,371
A bachelor’s degree in real estate management, business administration, or a similar discipline is required for eligibility. According to the state, a leasing license or certification may be required.
11. Investor Relation Officer
To bridge the gap between investors and the management team, you merely need solid communication skills and the confidence to make your own judgments. Hence, this is one of the best-paying jobs in real estate investment trusts.
Job Description:
- Examining performance
- Financial model analysis
- Company spokesperson training
- Keeping proper investor relations
- Writing press releases and giving speeches
Salary Range: $112,905 to $159,403
Eligibility: A bachelor’s degree in finance/accounting from a recognized university. MBA (Finance) will be the icing on the cake. Consider applying for one of the highest-paying positions available in real estate investment trusts.
12. Accounting Manager
Next, one of the best-paying jobs in a real estate investment trusts is Accounting Manager. You need to keep everyday activities under control by checking the financial situation. The ideal applicant will be able to save money without sacrificing quality.
Job Description:
- System enhancements
- Assuring precision
- Achieving financial goals
- Annual audits must be completed.
- Following good accounting principles and practices
- Executing all accounting procedures, such as budgeting, cash forecasting, debt activities, and so on.
Salary Range: $100,114-$126,843
Eligibility: A bachelor’s degree in accounting or finance, as well as demonstrated professional experience as an Accounting Manager, Accounting Supervisor, or Finance Manager, is required.
13. Asset Management Associate
The next one of the best-paying jobs in real estate investment trusts is Asset Management Associate. By creating a client portfolio and preserving financial stability, you may maximize returns or investments.
Job Responsibilities:
- Making the most money possible
- Danger and loss are reduced.
- Finding trends and patterns
- Investing in forthcoming projects
Salary Range: $26,920- $100,000
A bachelor’s degree in building and construction, business studies, finance, statistics, economics, management, or accounting is required.
14. Service Associate
They are the company’s face and voice because they are the pleasant listeners who work with clients to meet their every demand.
Job Description:
- Responding to consumer inquiries
- Keeping an optimistic attitude
- Interacting with consumers
- Taking concerns and offering answers
- Salary range: $31,550-$40,553.
Eligibility: A high school graduation and one or more years of customer service experience, ideally in a related sector, are required.
15. Administrative Assistant
Next one of the best-paying jobs in real estate investment trust Because of their competence in dealing with software and doing administrative responsibilities, they are the most valued component of the team.
Job Functions:
- Make plans for meetings.
- Keeping the file system up to date
- Making vacation plans
- Calls are answered and forwarded.
- Appointments should be planned and scheduled.
- The pay range is between $38,164 and $48,198.
Eligibility: A high school diploma and knowledge of Microsoft Office are required.
16. Marketing Manager
The next one of the best-paying jobs in a real estate investment trust is Marketing Manager. The perfect candidate for the job is someone who lives and breathes marketing. Their innovative ideas propel the company’s income to new heights.
Job Description:
- Marketing strategy development
- Studying consumer behavior and approving marketing materials
- Implementing marketing campaigns
- Examining social media analytics and trends
Salary Range: $95,948 to $129,647
Qualifying requirements include a BSc/MSc in Marketing and an extensive understanding of digital marketing.
17. Human Resource Manager
One of the best paying jobs in real estate investment trusts is becoming Human Resource Manager. A single point of contact for all administrative operations, from recruiting through salary payment.
Job Functions:
- Training program planning
- Keeping financial records
- Individual performance assessment
- Provide a pleasant working atmosphere.
- Managing the hiring and selection process
Salary range: $75,600-$228,000
Eligibility: A degree in Human Resources or a similar subject, as well as demonstrated work experience as an HR Manager or equivalent HR Executive, are required.
18. Supervisor
Next one of the best-paying jobs in real estate investment trusts is choosing a career as Supervisor. Ensures high-quality service delivery by thoroughly reviewing each action to guarantee timely and efficient delivery. In this profession, your ability to organize your time and focus on what is most essential will allow you to earn up to $100 every day.
Job Description:
- Specifying goals
- Supervising employees
- Examining expectations
- Determine areas for improvement
- Task organization and maintenance
Salary Range: $28905- $111500
Eligibility: A high school graduation and demonstrated experience in the supervising profession are required.
19. Transaction Analyst
A person in charge of doing the final evaluation of the agreement to ensure that it is consistent with the company’s policies. This is one of the best paying jobs in real estate investment trusts.
Job Functions:
- Client report preparation
- Examining financial statements
- Working with the team to achieve all key performance indicators
- Engaging in brainstorming sessions in order to increase knowledge and communication
Salary Range: $90,000 – $110,000
Bachelor’s degree in Finance, Business, Economics, Accounting, Education, Management, Business/Administration, Real Estate, or Communication is required.
20. Survey Researchers
My list of the finest occupations in real estate investment trusts concludes with the post of survey researcher.
You will be in charge of creating surveys to collect data and establish performance measures. This is one of the finest things to do as a teenager to get money.
Job Description:
- Creating a survey
- Carrying out research
- Selecting the Best Survey Method
- Create a chart or graph to summarise the collected data.
Salary Range: $44680 to $81830
Eligibility: For entry-level occupations, a bachelor’s degree is required. A Master’s or Ph.D. is preferred for higher-level employment.
21. Financial Risk Specialist
Last but not least on the list of best-paying jobs in real estate investment trusts is becoming a financial risk specialist. Financial risk experts who work in financial investments and associated activities earn an average of $100,000 per year, and up to $171,000 for those in the 90th percentile, making this one of the highest-paying occupations in REIT businesses, according to the BLS. Commercial insurance specialists may be an excellent match for this position, but real estate knowledge is a must. As you might assume, a specialist works with the REIT’s insurance programs and claims, and they may also collaborate with property management to develop operational safety practices.
Job Description:
- Doing analysis
- Managing massive workloads
- Responsible for risk management in investment
- Keep an eye on financial trends.
- Offering successful financial suggestions
Annual salary range: $90,360-$180,890
Qualifying requirements include a Bachelor’s or Master’s degree and 4 to 7 years of comparable experience.
Benefits of Working in REITs
We can discuss some perks of working in real estate investment trusts now that we have extensive knowledge of the best-paying jobs in REITs.
- A unique field to work in owing to which we may learn many things about the market, money, etc.
- Job security results from the high demand for real estate.
- Extra money is generated via attractive bonuses and commissions.
- To make a livelihood, you need a steady and constant income.
FAQs:
-
What are the benefits of choosing the best-paying jobs in real estate investment trusts?
Why should you choose the best-paying jobs in real estate investment trusts? Do you want to work in real estate investment trusts (REITs)? REITs provide safe investments, a better rate of success, and the satisfaction of profit.
Real estate investment trusts are managed by an expert team that purchases and establishes commercial real estate.
REITs often pay more dividends than regular stocks. Because of the advantageous tax structure, REITs may earn larger returns. These trusts possess income-producing real estate. REITs are often traded on a national market and provide investors with a high level of liquidity.
-
Can you survive on REITs?
Sure, working for REITs may provide a good livelihood. What this implies in terms of a normal wage is determined by factors such as your employment, education, and experience, your area, and the company’s competitive pay. You should choose from the best-paying jobs in the real estate investment trust mentioned here and see the wonders.
-
Is investing in REITs really a good career option?
A REIT position might easily make you a six-figure pay, especially if you have previous managerial experience. Nevertheless, they aren’t the only good employment available at REITs. There are also opportunities for service managers who may make around $100,000 per year handling building maintenance and repairs. Property and community managers are in high demand as well. They make an average of $59,230 per year, while the Institute of Real Estate Management’s professional qualification may entitle you to earn more. Choose the best-paying jobs in real estate investment trust and live a dignified life.
-
Can you earn money with REITs?
Consistent payouts: Because REITs are obligated to distribute 90% of their yearly profits as shareholder dividends, they routinely offer among of the best dividend yields in the stock market. As a result, they are popular among investors looking for a consistent source of income.
-
What are the prerequisites for becoming a real estate investor?
To become a real estate investor. You must have a deep awareness of the market. As the industry develops, good investors strive to educate themselves.
-
Is real estate investing a worthwhile career?
Real estate investment is a fantastic way to take control of your financial destiny. Undoubtedly, there are dangers to purchasing, rehabbing, and selling properties for a living. It’s practically unavoidable that you’ll make blunders as you learn. You may overpay for a home, reducing your profit margin.
-
How can a corporation become a REIT?
To qualify as a REIT, a firm must follow various sections of the Internal Tax Code that require a REIT to primarily own income-producing real estate for the long term and distribute the majority of its profits to shareholders.
Final Words:
As per conclude our post on Best Paying Jobs in Real Estate Investment Trusts, you can see, working with a REIT provides a diverse set of prospects. They are especially popular among investors looking for a consistent rate of return.
Global real estate is a relatively new yet fascinating asset sector in which individuals are interested in investing. When it comes to financial planning, investment options for additional cash flows are a must.
And real estate investing is an excellent financial strategy, particularly when market circumstances are favorable. Real estate ownership, property management, and becoming a real estate investor are not the only alternatives for a real estate-related revenue stream. These are the best-paying jobs in real estate investment trusts.
When selecting to work in real estate investment trusts, consider your areas of interest and strength and choose the best paying jobs in the real estate investment trusts mentioned above in this article.
The Real Estate Sector is huge and has experienced rapid growth in recent years. As a result, it is an excellent field in which to pursue a career. A position at a Real Estate Investment Trust may be just what you need to establish the groundwork for a prosperous career. And these best-paying jobs in the real estate investment trust shared above will truly help you choose the best path.
There are several possibilities available in REITs for Agents, Analysts, and Appraisers. People will always need to buy, sell, or rent real estate. And as long as these deals occur, there will be real estate career possibilities.
Working with real estate investment trusts may give job stability, growth chances, and a fast-paced working atmosphere, in addition to some of the highest-paying positions available.
From this list of best paying jobs in real estate investment trusts you may now determine if working with real estate investment trusts is correct for you now that you have more knowledge about the sorts of well-paying jobs available in the business!
Related Post: