The growth of the real estate industry is increasing the opportunities to make money through real estate investments. For investment or employment in the real estate sector, the possibilities are endless. For example, the Association of Real Estate License Executives (ARELLO) estimates approximately 2 million active real estate agents in the United States. In this guide, we will be discussing the best-paying jobs in real estate investment trusts.
The industry offers many career opportunities that many people don’t know exist.
They are among the highest-paying jobs in the area.
Best Paying Jobs in Real Estate Investment Trusts
Best paying jobs in real estate investment trusts list and explain the jobs of paying jobs in real estate investment trusts.
Real Estate Investment Trusts are popular among many investors because it allows them to put their money into a group of properties without developing or building them themselves. Here are some of the most urgent, best-paying jobs in the field of Real Estate Investment Trusts:
- Accounting Manager
- Investment Analyst
- Financial Analyst
- General Counsel
- Operations Manager
- Human Resources Manager
- Marketing Manager
- Property Manager
- Construction Supervisor
- Maintenance Supervisor
- IT Specialist
- Security Director
- Administrative Assistant
- Data Entry Operator
Accounting managers are responsible for keeping accurate and detailed records of the company’s financial situation. This can involve everything from making sure that all bills get paid on time to filing taxes at the end of every year. They may work with various people to make sure their jobs get done accurately and on time.
Investment Analyst: An investment analyst is responsible for researching new investments and then bringing them to management’s attention. It means reviewing potential new purchases or sales, determining if an investment would be worthwhile, and then presenting that information to upper-level management for approval.
An example of this could be someone in charge of reviewing the current real estate market to see if any good investments can be made.
A financial analyst is responsible for keeping track of a company’s stock prices- buying and selling shares when necessary to make gains for the organization. They might also look at the performance ratios of different companies or forecast highs and lows to determine whether it would be better to sell off stocks during a bad month or hold on until times are better. This position requires someone with experience working in finance that is skilled at crunching numbers quickly and accurately.
A general counsel works directly with members of upper management, providing legal advice on business transactions, acquisitions, mergers, or other legal issues that may crop up. They also work with the company’s board of directors, keeping them informed about what is going on in the organization and making recommendations for any changes they feel should be made. An example of this could be someone who reviews all new contracts before they are signed to ensure that everything is legally binding and acceptable.
An operations manager is responsible for managing their team members to ensure all employees are performing well. This means keeping track of time cards, and deadlines; following safety guidelines while working, etc. They might also monitor production quotas to make sure everyone stays efficient- or use performance data to determine whether some individuals need more training than others.
A construction supervisor is responsible for coordinating all activities on a construction site to ensure things go smoothly. This might involve anything from making sure the deliveries show up when they should to keeping track of laborers and cabling inspectors. They also check in with engineers frequently to ensure that everything is going as planned and that no one runs into any unexpected problems, at least at cost.
A maintenance supervisor is responsible for overseeing a team of workers who keep an organization’s building or properties running properly. Some duties might include hiring new employees, training them how to do their jobs, conducting inspections for safety hazards, and reporting violations of any kind to upper management.
Their goal is always to ensure that all company buildings are safe, clean, and well-maintained for the benefit of both users and owners.
A production supervisor is a mid-to upper-level manager who oversees a team of employees performing some type of manufacturing job. They might work in a factory or have a smaller scale operation where their team members create goods by hand. In either case, this involves overseeing the workflow and all other aspects related to managing workers on a shift for an organized company. This can include anything from hiring new people to scheduling regular maintenance checks that ensure machinery is kept running smoothly at all times.
The pay range for these jobs depends on your level of experience and education and which specific you hold. Some managers make less than $100,000 per year, while others make over $200,000. High-level jobs generally require at least a bachelor’s degree in business or another related field.
However, even if you don’t have an advanced degree, there are other ways to get ahead- for example, construction supervisor jobs often require only on-site experience working for at least 3 years.
Although some people dislike their job or feel underappreciated, most real estate investment trust employees enjoy what they do and wouldn’t dream of doing anything else. This is because many jobs require working outdoors.
Although it may be hot sometimes, other times, it can be cold chilly. Additionally, work is orderly since everyone has a set schedule for deadlines. Most importantly, however, these are jobs that are interesting to work. When you do what you enjoy doing every day, it never seems like real work.
Human Resources Manager
A human resources manager is responsible for overseeing the company’s workforce. This means recruiting new employees, making sure their needs are met both on and off the job, and promoting people throughout the organization.
They might also be required to train managers how to coach their reports properly without micromanaging them or doing their work for them, which discourages people from learning and growing beyond what they already know.
A marketing manager is responsible for overseeing the company’s advertisement campaigns. This might include anything from creating brand awareness to getting people to become long-term customers and clients who will require less servicing or support in the future so their department can use its resources elsewhere.
They also work with graphic designers, web developers, and other similar professionals to create print and digital advertisements that help grow their business operations.
The average salary for this job is $80,000-$96,500 per year. These positions generally require an advanced degree such as a Master of Business Administration MBA, since they may need you to oversee many employees’ en surprises. Management skills are also valuable because you could be held accountable for others’ mistakes or shortfalls and your own.
Real Estate Investment Trust Worker
They are ready to finally pay off those student loans and repay those credit cards? Real estate investment trusts can be a great way to do so – and you can even get an equity position for even greater returns. Although most real estate investment trust jobs require advanced degrees (usually at least a bachelor’s degree), these jobs can also help you pay down debt faster with their generous compensation packages.
Because the typical annual salary is over $100,000 per year, this will make it possible to repay any debt much more quickly than if you were working minimum wage service industry jobs such as at restaurants, bars, etc. But although lucrative, most positions are also very competitive.
If you don’t have an advanced degree, you will need to earn a professional designation such as the CRE, CBR, GRI, or CPM. In addition, it is always beneficial to become a member of industry associations to improve your chances of getting hired.
The typical pay range for this job is $40,000-$80,000 per year. Because they are responsible for large real estate investments, these managers generally need a bachelor’s degree and, many times, an advanced degree. For this reason, this position might also make you eligible to repay your student loans faster and save up money for retirement and other long-term financial goals.
Construction supervisors oversee the construction process from start to finish by communicating with clients, architects, buildings owners, project managers, subcontractors, and workers. The salary typically ranges from $49,000-$104,500 depending on experience level and how much responsibility you’re given, such as managing budgets or hiring crews.
Although it usually requires a bachelor’s degree to get in this position, studies show that most construction managers and supervisors pay off, on average, $32,000 of their student loans each year.
Investment Property Appraiser
The salary for this job ranges from $46,000-$95,000 per year. These professionals are responsible for determining how much an investment property is worth – taking into account rent rates, the economy, and the neighborhood of the building itself.
The larger the company you work for (and therefore the more experience), the larger your paychecks. However, if you want to make sure you’re paid fairly, it might be wise to check out salaries online at sites like Payscale.com to see what other people in your geographical area are earning.
Real Estate Photographer
The average yearly salary for this position ranges from $25,000-$70,000. Most real estate photographers work as freelancers and will need to generate their clients through networking marketing techniques such as business cards, email marketing Rolodexes, word-of-mouth referrals, or website listings.
As with other creative arts that require you to work with various people on set schedules, the pay is volatile. Sometimes it can be very lucrative and other times relatively low baling you to live comfortably and enjoy life without worrying too much about major expenses day-to-day.
To improve your chances of success, learning advanced photography skills might help you land more jobs, especially if they’re relevant to real estate – such as how to photograph wall art, interiors, furniture, etc.
However, even if you are just starting, getting involved in social media forums where the right people are looking for photographers might help kick start your career.
Also, remember that most of these jobs require at least a bachelor’s degree. If you don’t have one yet, think about whether or not it would make sense to start this type of program now so that you can earn money faster and pay down more of your student loans each month.
By beginning on the road towards earning an advanced degree in real estate investments, when you do graduate, it will be like having 100 extra dollars (or more) each month! That is something which surely everyone could use.
Jobs for Real Estate Investors
If you are looking for the highest-paying jobs in the real estate industry, real estate investor jobs are very attractive. These are the most lucrative career opportunities in the industry.
A real estate investor’s job is to buy a property, increase its value and resell it at a higher price. Sounds simple and lucrative, right? While it can be a very lucrative business, it’s not all good news.
To make a reasonable profit, you need to know when and where to buy real estate and sell it. This means you should always be prepared to do thorough market research.
Investment Property Analyst Jobs
This is another job category that tops the list of high-paying real estate investment jobs. REIT analysts help real estate and financial professionals buy, sell, dispose of, and finance properties.
They help research, analyze, and monitor real estate market trends so that companies can make informed decisions about owning real estate. As a REIT Analyst, you will use various financial tools to develop existing assets and acquisitions, and financial models.
Therefore, you will need to be financially literate. The requirements for a REIT Analyst are as follows.
- A Bachelor’s degree in economics, finance, real estate, or related field.
- Experience managing large workloads, processes, and reports.
- Detailed understanding of regional real estate market, including micro and macro trends.
- Research skills
- Organizational skills
- Analytical skills
The annual salary for a REIT Analyst is approximately $82,000.
Property Management Experience
In REITs, people invest their money in these real estate companies and receive dividends. Because REITs own and manage real estate, it is very common to have a trustee. The role of the investment property manager is to ensure that these properties are physically and financially attractive.
Investors must receive the payments promised. They must consider the needs of the investors, the property, and the tenants.
Satisfied tenants make it easier for investors to meet their financial goals. The requirements for property managers are:
- Leadership skills
- Customer service skills
- Problem-solving skills
- Marketing skills
- Financial skills
In terms of income, the average annual income for property managers in the United States is $54. There is no need to worry as to where to look for these jobs.
Visit one of the many job fairs, such as Solid Gigs, and give your career a boost.
Real Estate Appraiser
Appraisers are trained professionals who assess and determine the value of real estate. Properties can be commercial or residential. They determine the market value of a property based on various economic factors.
This requires knowledge of the real estate market and how different factors, such as location, affect the property’s value. To work as an appraiser, you must be a licensed real estate appraiser. This means that if you want to become a real estate appraiser, you need to go through training.
It is desirable to have a degree in finance, economics, or a related field. The average annual salary for appraisers is $53,000.
This is the opportunity you are looking for to work in a real estate investment company. It also allows you to work on your own if you wish.
Working for a real estate company
Unlike a real estate investor, who buys an existing property and then resells it, a real estate developer buys land and builds a property to sell.
In this case, properties can range from single-family homes to large office buildings such as warehouses and shopping centers.
Developers manage the construction of buildings from the beginning, from design to financing and coordination.
As a developer, you’ll work closely with various professionals to ensure the entire process runs smoothly.
These include architects, engineers, lawyers, contractors, and owners.
To become a developer, you must have the following qualifications.
- A degree in architecture, civil engineering, economics, or urban planning.
- Thorough knowledge of the real estate market
- Be a good economist
- Be a good planner
Whether you want to become a real estate developer, you can work for a real estate agent or start your own company.
Frequently Asked Questions
Is real estate a good career?
Real estate investing is a good option to find a job that matches your skills and passions. As you can see from the job examples above, real estate investment companies offer many job opportunities and pay well. You can easily find several high-paying jobs in real estate investment companies when you have the right background and know where to look.
Should I buy real estate or invest in a REIT?
Only you can decide whether to spend your time and money buying and renting real estate or investing in a REIT. Many smart investors try both strategies because they can be very profitable. Investors often begin their journey in the real estate market with REITs because the barriers to entry are low and liquidity is high.
REITs are much more liquid than real estate because they can be bought and sold the same way as stocks. On the other hand, direct monetization of real estate requires more capital and time.
Once you understand and are comfortable with the real estate market, consider diversifying your investments by purchasing physical properties and hiring a property manager. Buying real estate is riskier but can provide a steady cash flow.
Is a mortgage on real estate a good investment?
REITs generally offer total competitive returns with high, stable dividend yields and long-term capital appreciation.
Because of their low high correlation with other assets, they are effective portfolio diversifiers that reduce absolute portfolio risk and maximize returns. Direct real estate offers more tax advantages than REITs and gives investors more choice. REITs are easier to buy and sell than traditional real estate because many are traded on exchanges.
How many jobs are there in REITs?
In the United States, REITs are called” Property investment trusts.” This is good news when it comes to the growth of the REIT index. There are many job opportunities for those who want to work in REITs.
How do you get one of the highest-paying jobs in the REIT industry?
Working for real estate investment trusts can be very rewarding. But it’s a growing industry, and there’s room for improvement. You may wonder about how to get started investing in real estate investment trusts. It turns out it’s not as hard as you thought.
Is real estate development a good thing?
Are the company’s eyes and ears? At the heart of every REIT is a development team. Developers work with contractors on the ground to finance the construction of properties. You could say that without developers, there would be no real estate.
If you can’t sit still and love to build, that’s your job.
There are always people looking for homes or businesses. As far as mutual fund jobs go, real estate is a growing industry, and the growth is not slowing down. If you have decided to go into REITs, you have made the right choice. Most jobs offer many benefits, a steady income, and security.
We often say that people don’t go to school to be brokers. They go to school to be brokers.
This is often the case for many REIT jobs. Still, because REITs have more stringent reporting and regulatory requirements than other real estate companies, many jobs require specialized training in finance or accounting. As a result, many lucrative professions require “all-around gurus” who know how to get the job done.
Sheena Whitlock, a property expert, and blogger with over 15 years of experience in the field. The knowledge and skills Sheena has acquired during her career have given her invaluable insight into the property management business.
She has done her Property Development BSc (Hons) from the University of Portsmouth and completed her Master’s Degrees in Property Management from the University of Chicago.
As a professional, she has spent time working for various companies as a property management officer and currently works at Asset Info Hub where she shares her knowledge and experience on various property matters with people around the world, questioning their queries via blogging and virtual consulting services.