Table of Contents Hide
- What Exactly Is A Real Estate Investment Trust (REIT)?
- Various Types of Real Estate Investment Trusts
- Is Working for a REIT a Viable Career Path?
- What are the Highest-Paying Jobs in Real Estate Investment Trusts?
- Top Ten Highest-Paying Jobs in Real Estate Investment Trusts
- Jobs in Real Estate Investment Trusts With the Highest Pay (Between $150K and $270K)
- Best Paying Jobs in Real Estate Investment Trusts (between $100,000 and $150,0000)
- Best-Paying REIT Jobs (between $50,000 and $100,000)
- How do you get a job in a REIT?
- The Advantages of Real Estate Investment Trusts
- How much can I earn with REITs?
- How do you make money on a REIT?
- Begin Your Real Estate Investing Career
- Related Articles
The real estate market has recovered significantly. Naturally, an increasing number of people are considering a career in real estate investment trusts. But, do you know what REITs stand for? Well, REITs are short for Real Estate Investment Trusts. This article will discuss the highest-paying jobs in Real Estate Investment Trusts.
As the Real Estate market grows, more and more people rush to invest in it. As a result, more people are interested in working for REITs. And why wouldn’t they? The industry offers enormous earning potential as well as a diverse range of opportunities.
So if you are looking for opportunities in real estate investment trusts as well, then you’ve come to the right place.
We conducted extensive research on the subject and come up with some of the best options in 2023.
But first, let’s define real estate investment trusts (REITs).
What Exactly Is A Real Estate Investment Trust (REIT)?
REITs, or real estate investment trusts, are companies that own and manage real estate. They manage various real estate assets, including shopping malls, hotels, office buildings, warehouses, and commercial forests.
REITs own a total of $3.5 trillion in assets in the United States. These businesses generate income from real estate properties, which they must pay back to investors.
Real estate investment trusts may also finance real estate in some cases. Real estate investment trusts (REITs) are similar to stocks in that investors can vest valuable assets and receive a stable shared income.
This is why many people see real estate investments as a great way to diversify their passive income streams. These commodities, as well as the possibility of high returns, entice people to invest in real estate.
Various Types of Real Estate Investment Trusts
Now that you know more about real estate investments, let’s take a look at the various types of REITs you can invest in. Each of them earns money through rent collection, residential sales, or mortgages.
Debt Real Estate Investment Trust
Debt-oriented REITs are companies that lend money to people who want to buy real estate. This is similar to lending companies in that debts are given to the purchaser in exchange for payment of loan interest.
The monthly interest fee from the loan generates this type of investment income. The only disadvantage of this investment is the risk of being duped. Many buyers postpone their payments, and some simply walk away without paying interest.
Equitability Real Estate Investment Trusts
Equitability REITs are investments in industries such as apartments, residential real estate, retail, markets, and resorts. Once the proposal is approved, the real estate investment trusts will establish, supervise, and construct the hub.
Following that, REITs will pay investors a percentage of the profit. The income from the investments as a whole serves as the REITs’ total earnings and is divided in accordance with the agreement.
Medical Focus Real Estate Investment Trusts
Medical-focused REITs invest in multi-specialty clinics, research facilities, and healthcare buildings. It’s difficult to imagine this one failing because they’re currently in high demand.
The demand for hospitals is growing. Laboratories, specific tests, and nursing homes all have unique requirements. So, it’s safe to say that investing in the medical sector will make you money and will undoubtedly help your business grow.
Merchandise Real Estate Investment Trust (MERIT)
Retail shops and markets, such as department stores, shopping malls, supermarkets, and other centers, are examples of merchandise investments.
REITs, on the other hand, will not manage or produce these. Instead, they give purchasers debts and collect profits from retail stores and market owners.
Domestic Real Estate Investment Trust
This REIT will begin by developing housing, apartments, large-scale communities, complex centers, and other amenities. When it comes to domestic REITs, these are some of the most important responsibilities.
Land and property businesses will not suffer setbacks in any field, as each sector handled by real estate investment trust is a good career choice. What exactly are you waiting for? Invest and work your way up the financial ladder to financial success and independence.
Is Working for a REIT a Viable Career Path?
REITs are becoming increasingly popular, with 83% of financial advisors recommending them to their clients.
When choosing a career path, you want to be sure that the industry is growing and is relatively robust, which we can confidently say based on the data.
That being said, REITs are similar to most organizations in that you must work hard to reach the top. However, the industry provides excellent pay, career advancement, and high-paying bonuses.
What are the Highest-Paying Jobs in Real Estate Investment Trusts?
We’ll start with the top guys. When it comes to the best paying jobs at Real Estate Investment Trusts, the executive team will be at the top of any ladder.
The pay structure is similar to that of most organizations, with the CEO/President and his closest allies typically being the CFO/Finance Director, and the COO/Operations Director being the highest paid.
#1. Chief Executive Officer
The CEO is always the highest-paid individual in the company.
Why? Because their decision is final and affects not only the company’s performance but also the performance of all direct reports. CEOs typically have 20+ years of industry experience and have successfully led departments on their way up.
Salary: Up to $500,000 per year, plus bonuses.
#2. Chief Financial Officer (CFO)
A great CFO is critical to a company’s success. Their job is to find cost-cutting opportunities, tax loopholes, pay employees, forecast, plan investments, and ensure the company’s balances are always healthy.
Salary - Increase to $350,000 per year, including bonuses.
#3. Chief Operating Officer (COO)
The COO keeps the company running. He ensures that the teams below him complete projects on time and on budget, and a large team of junior operators frequently assists them.
Salary - Up to $325,000 per year, including bonuses.
Top Ten Highest-Paying Jobs in Real Estate Investment Trusts
All salary figures have been independently verified by multiple sources. It is important to note that these figures will differ depending on the type and size of the REIT. The jobs listed below are not in any particular order.
#1. REIT Analysts
Salary range: $75,000 to $110,000
A REIT analyst will conduct research, analyze data, and develop a strategy for current or new real estate opportunities.
Their role is critical because the acquisition team frequently relies on the data of the analysts before making a new investment decision. They will prepare market and opportunity reports for the operations team.
#2. Finance Managers
Salary range: $55,000-$65,000
Finance Managers play an important role within the finance team. They frequently report directly to the Chief Financial Officer and are in charge of multiple projects.
The majority of the time will be spent behind a desk, forecasting, creating budgets, and reporting on projects. They will collaborate closely with the property developers to ensure that materials and contractors are not over budget.
#3. Real Estate Developers
Salary range: $80,000 to $120,000
Real Estate and Property developers are critical to ensuring that new construction projects are completed on time and within budget. They are in charge of hiring and firing contractors as well as working on projects from start to finish. Prior experience in a comparable or more junior role is required.
#4. Real Estate Managers
Salary range: $70,000 to $120,000
Depending on the type of REIT, this role can vary greatly. A Property Manager, for example, may be in charge of the rentals within a REIT. However, in other REITs, they will be in charge of multiple locations, which may or may not include rentals.
#5. Investment Analysts
Salary range - $100,000 - $130,000 plus bonuses
Investment analysts serve as liaisons between the finance and acquisitions teams. They will make certain that the data and research on a new project are actionable, frequently adding their perspectives on top of those of the powers that be.
#6. Attorney or Lawyer
Salary range - $100,000 - $160,000 - this varies greatly due to level.
Purchasing a home entails numerous legal hurdles and paperwork. An attorney can also act on the company’s behalf if they are having legal problems purchasing or operating a website.
#7. REIT Investors
Salary range: $130,000 to $160,000
A REIT investor will be the driving force behind new acquisitions as well as the sales of buildings or homes. They may also be in charge of maintaining relationships with current and new investors to ensure they continue to invest in their projects.
#8. Site Acquisition Specialists
Salary range: $130,000 to $160,000
A site acquisition specialist not only handles the overall purchase of the site, but also all of the technicalities, legalities, and contracts required to build it. A site specialist will offer operational assistance with entitlements, building codes, and leasing.
This is without a doubt one of the highest-paying jobs in Real Estate Investment Trusts.
#9. Real Estate Investors
Salary range: $140,000-$200,000
After the research, data, and acquisitions teams have evaluated a site, it is turned over to the acquirer, who will go out and negotiate the sale. This is critical in the process because it is critical not to overpay for land or property before construction has even begun.
Because its value is so important to the trust’s success, it may be one of the most lucrative jobs at a REIT. It’s also our favorite role because it sounds like a lot of fun!
#10. Director of Marketing
Salary range: $130,000 to $160,000
The role of Head of Marketing or VP Marketing is critical for the REIT to attract new business and investors. When a new commercial property is opened, the marketing team will be in charge of attracting businesses and customers. The role focuses on business-to-business (B2B) marketing, but there are some business-to-consumer (B2C) campaigns as well.
Jobs in Real Estate Investment Trusts With the Highest Pay (Between $150K and $270K)
Now let’s categorize the options above and a couple others to help you decide faster.
Vice President of Asset Management
The Asset Management role requires oversight of the portfolio work within the REITs. It is a high-stakes position. The VP of Asset Management is directly responsible for a portfolio’s financial performance. They are also in charge of finding investors, ensuring returns, and marketing.
It is one of the most well-paid positions in real estate investment trusts. A 10-year experience in the industry is also required to become the Vice President of Asset Management. The annual salary for this position is a whopping $261,100.
To secure this position in REITs, one must perform well and demonstrate good leadership qualities.
Mortgage Loans Officer
A bank or an independent lender hires a Mortgage Loan Officer. This role’s responsibilities include assisting clients in obtaining the best loan type and mortgage. A Mortgage Officer is important in REITs because they help clients get the best deal.
For this position, a Bachelor’s degree in Business, Finance, or Accounting is preferred. A High School Diploma or an equivalent qualification is required for the position. In addition, one must have an active Mortgage Loan Originator License in the state in which they wish to work.
A Mortgage Loan Officer’s annual salary in the United States is $215,749. The best part about the position is that there is no cap on how much you can earn. As a result, it is one of the highest-paying positions in real estate investment trusts.
Real Estate Lawyer
As the name implies, a Real Estate Attorney is in charge of the legal aspects of a property transaction. They are in charge of everything from naming a property to resolving any possible disputes. They also draft and review legal documents pertaining to real estate sales and purchases.
A Bachelor of Laws degree is required to become a Real Estate Attorney. As an attorney, the individual must also have sound judgment.
It is one of the highest-paying positions available in real estate investment trusts. A Real Estate Attorney earns an annual salary of $156, 682. The pay for a Real Estate Attorney can vary greatly depending on your reputation and years of experience.
Best Paying Jobs in Real Estate Investment Trusts (between $100,000 and $150,0000)
Every investor wants to maximize the return on their investment in a project. The same is true in the world of real estate. That is where the role of Investor Relations for REITs comes in.
An Investor Relations Manager works with investors and shareholders to ensure that they receive the best possible return on their investments. Working in this role necessitates excellent communication skills. It also necessitates that they have a keen eye for analysis, which will help them ensure that their clients get the best returns.
This is one of the highest-paying positions in real estate investment trusts. In the United States, the annual average salary for this position is $142,303.
Real Estate Developer
The most comprehensive role of all the jobs mentioned here is that of a Real Estate Developer. They research global trends, analyze consumer expectations, and develop strategies accordingly. They improve the property’s functionality, pricing structure, and design.
In other words, a Real Estate Developer works to bridge the gap between construction capacity and investor demand. A degree in Engineering, Management, or a related field is required to become a Real Estate Developer.
This position requires the ability to visualize, plan, and organize projects. It is fair to say that the position necessitates an innovative mindset. In the United States, a Real Estate Developer earns $110,000 per year.
An analyst for a Real Estate Investment Trust is tasked with attracting investors to a project. The job requires excellent communication and persuasion skills. A REIT Analyst must also be able to analyze real estate market trends in order to assist the company in adapting accordingly.
A REIT Analyst must have extensive knowledge of real estate. They should be on the lookout for profitable investment opportunities in the market. They must also keep up with current industrial trends.
In a nutshell, a REIT Analyst will advise the company on how to grow and expand its operations. REITs compensate them with an average annual salary of $109,784. The job role also has a lot of room for advancement. It ranks among the highest-paying jobs in real estate investment trusts.
Real Estate Agents
The most well-known job on the list is probably that of a real estate agent. An agent assists clients in purchasing, selling, or renting real estate. Furthermore, a Real Estate Agent’s job entails administrative paperwork.
An agent’s typical day consists of showing properties to clients, conducting inspections, and so on. This position may include responsibilities such as research and marketing, identifying changes in customer behavior, etc.
To get this job, you must have strong negotiation and communication skills and experience researching properties.
A Real Estate Agent in the United States earns an average of $106,000 per year. Again, salary may vary depending on factors such as qualification, education, years of experience, and so on.
Real Estate/Property Managers
A Property Manager is hired by the owners of a real estate investment to oversee the property’s daily operations. The typical duties of a Property Manager include collecting rent, handling maintenance requests, and so on. They are also in charge of setting up the finances for the property’s assets.
A real estate broker’s license is required to become a Property Manager. To obtain a broker’s license in your state, you may be required to pass a written examination. After all, a property manager may be required to create a business plan for the property’s growth.
A Property Manager’s annual salary in the United States is $105, 266. To fill this position, most REITs will look for someone with real estate experience. It is, after all, one of the highest-paying jobs in real estate investment trusts.
Best-Paying REIT Jobs (between $50,000 and $100,000)
Residential Sales Consultant
A thorough knowledge of the property is required of a Home Sales Consultant. They meet with prospective buyers, show them around the property, and help them with the paperwork. A Consultant is often the first point of contact for property buyers.
This position necessitates intimate knowledge of a property and its features. They then explain these features to buyers and assist them in making the best decision. In other words, they attempt to identify consumer requirements.
With an annual average salary of $70,000, it is one of the highest-paying jobs in real estate investment trusts. A High School Diploma or equivalent qualification is also required for this position.
Real Estate Broker
A Real Estate Broker, like an agent, assists clients in purchasing and selling real estate. Brokers, on the other hand, are real estate experts. They not only assist people in finding the best deals, but they also ensure that all paperwork for any transaction is completed.
Working as a Real Estate Broker necessitates the acquisition of a license. The additional benefit of being a Broker is that you will have access to exclusive listings and will be able to negotiate higher prices for the properties.
As you can see, a Real Estate Broker’s responsibilities are far broader. As a result, it is one of the highest-paying jobs in real estate investment trusts. Finally, the annual salary of a Real Estate Broker in the United States is $67,000.
A Property Accountant is in charge of the financial aspects of real estate transactions. REITs require a meticulous accountant to handle the financial aspects of real estate sales, purchases, and rents.
This job will require you to work with REITs and participate in transactions. You can also begin your career as a property accountant in a traditional real estate firm. To get this job, you must be well-versed in accounting and real estate practices.
A property accountant earns $59, 547 per year on average. The salary, on the other hand, can vary greatly depending on your qualifications, years of experience in the field, skills, and so on.
Real Estate Property Appraiser
A Real Estate Property Appraiser determines the value of real estate. He or she considers the market and other economic factors when determining the value of a property.
If you want to work as a Real Estate Property Appraiser, your educational background is essential. It could be in economics, finance, or other online and in-person real estate courses.
Real estate appraisers must be mathematically proficient. After all, this job necessitates analyzing large amounts of data.
The average annual salary for this job role is approximately $57,166.
How do you get a job in a REIT?
As you can see above, many roles require some sort of formal education, so we recommend you start there.
If you have a degree but no experience, it is worthwhile to apply for a junior position in a department that interests you.
If you don’t have a degree, don’t worry; you can learn on the job, and REITs will often pay for your education if you fill a role they need.
REITs will post job openings in the usual places, such as job boards, but the higher-paying positions will almost certainly be with a recruiter.
The Advantages of Real Estate Investment Trusts
Why should I pursue a career in real estate investment trusts (REITs)? REITs provide you with safe investments, a higher rate of success, and the satisfaction of profiting.
Real estate investment trusts are managed by an experienced team that purchases and develops commercial real estate.
Here are some advantages of working for a real estate investment trust:
- Diversification is something that REITs believe in. Instead of putting all of their money into one sector, they spread it around.
- Dividend Returns – When it comes to equity stocks, management will decide whether to pay dividends to investors or reinvest earnings back into the company. REITs distribute 90% of their profits to investors.
- Clarity – REIT investment processes will be carried out in a proper manner in front of investors. They have maintained their dependability to their investors by funding in a legal and proper manner.
- Returns from Appreciation – Although it is difficult to find stock price increases in the market, REITs have done well in the long-term appreciation of real estate properties. While short-term interest rates typically fluctuate, they have no effect on commercial real estate.
- Low Volatility And Low Correlation – Rental income and management expenses can be forecasted using only short and long-term analysis. REITs are easier for analysts to forecast than stocks that are less predictable.
- REITs are not typically treated the same as stocks or bonds. Their prices have a low correlation and are extremely useful for portfolio diversification.
How much can I earn with REITs?
Profiting from a publicly traded real estate investment trust (REIT) is similar to profiting from stocks. You receive dividends from the company’s profits and can sell your shares at a profit when their market value rises.
Obviously, the amount you earn is largely determined by the REIT’s successful management as well as market conditions. However, a REIT can often provide a reasonable return of 5-10% or more.
Building a successful REIT, on the other hand, necessitates considerable management skill. When a REIT encounters a problem with one of its properties, it cannot sell it as quickly or easily as, say, a mutual fund can sell underperforming stocks or bonds.
How do you make money on a REIT?
To diversify their portfolio and generate income, investors can purchase publicly traded shares in a REIT, a REIT fund on major stock exchanges, or a private REIT.
REITs make money from the mortgages that underpin real estate development or from rental income once the property is built. REITs provide shareholders with consistent income as well as long-term growth that reflects property appreciation.
Begin Your Real Estate Investing Career
The Real Estate Industry is vast and has been rapidly expanding in recent years. As a result, it is a good field to pursue a career in. Finding a job in a Real Estate Investment Trust may be exactly what you need to lay the groundwork for a prosperous career.
There are numerous opportunities in REITs for Agents, Analysts, and Appraisers. People will always need to buy, sell, or rent property. And as long as these transactions take place, there will be real estate job opportunities.
It’s time to start looking for the best paying jobs in real estate investment trusts now that we’ve listed them for you. Nope! We were referring to job hunting. So, update your resume, look for a role that matches your skills and experience, and get ready to start a lucrative career in real estate.
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