15 High-Paying Jobs In Real Estate Investments Trusts

This is to inform the general public About High-Paying Jobs In Real Estate Investments Trusts, A real estate investment trust (REIT) can be an excellent place to start if you want to work in the real estate sector.

High-Paying Jobs In Real Estate Investments Trusts

Companies that own and manage income-producing real estate assets, like office buildings, apartments, and retail malls, are known as REITs. You don’t need to possess the buildings altogether to participate in the revenue made from them as a REIT shareholder.

But suppose you prefer working for REITs versus making investments in them? Luckily, there are many well-paying employment in this industry.

Regardless of your areas of interest—finance, marketing, or property management—there is probably a REIT position that matches your qualifications and preferences.

Best paying jobs in real estate investment trusts

Being an employee with a Real Estate Investment Trust (REIT) could be the right match for you if you’re seeking for an enjoyable profession in the real estate sector. Corporations that control and oversee real estate assets are known as REITs, and they provide a number of high-paying career possibilities.

1Portfolio manager

A portfolio of real estate owned by a REIT will be under your management as a portfolio manager. By assessing market trends, controlling risk, and selecting properties for purchase, sale, or lease strategically, you’ll aim to optimize the portfolio’s worth.

The typical annual pay for a Portfolio Manager in a REIT is roughly $120,000.

2. Asset manager

You will be in charge of overseeing the ongoing management of a REIT’s real estate holdings in your capacity as an asset manager. This entails directing lease, maintenance, and property management operations. Additionally, you’ll strive to create and put into action methods that will increase the value of the assets.

Average pay: An Asset Manager in a REIT typically earns roughly $100,000 per year.

3. Property manager

You’ll be in charge of overseeing the regular business affairs of one property that is held by a REIT in your capacity as a property manager. Managing tenant acquaintances, keeping the real estate fully rented out, and supervising upkeep and repairs are all included in this.

Average pay: A property manager at a REIT is likely to make an annual salary of about $80,000.

4. Financial analyst

You will be in charge of examining financial information about a REIT’s real estate investments in your capacity as a financial analyst. This entails studying market trends, assessing investment possibilities, and developing financial models to forecast success in the future.

Average pay: A Financial Analyst in a REIT is likely to earn an annual salary of about $85,000.

5. Investor relations

You will be in charge of maintaining connections to the shareholders of a REIT as an investor relations specialist. This involves disclosing financial results, giving investors information on new investment options, and answering any queries or concerns they might have.

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Average pay: An investor relations specialist in a REIT is likely to earn an annual salary of about $100,000.

6. Legal counsel

Giving legal counsel and direction to a REIT will be your main duty as a Legal Counsel. This includes going over contracts, handling legal issues, and making sure all legal standards are met.

Average pay: A Legal Counsel in a REIT may expect to get an annual salary of about $150,000.

7. Marketing and communications

To advertise  REIT’s buildings and company, you will be in charge of creating and putting into practice marketing plans as a branding and advertising specialist. This includes planning events, running social media campaigns, and managing websites.

A marketing and communications professional in a REIT can expect to earn an annual salary of about $90,000.

8. Operations manager

The daily management of a REIT’s assets will fall under your purview as an operations manager. This involves handling managers of properties, supervising upkeep and repairs, and making sure that all available space is leased.

Average pay: In a REIT, an operations manager typically earns roughly $100,000 annually.

9. Acquisitions analyst

For REITs, acquisitions analysts investigate and assess prospective real estate purchases. To decide whether an asset is a worthwhile investment, they examine market trends, financial statistics, and property details.

Average pay: Acquisitions analysts typically make an annual salary of roughly $80,000.

10. Development manager

For REITs, development managers are in charge of overseeing the design and implementation of fresh residential and commercial projects. To make sure that projects are finished on schedule and under budget, they collaborate with contractors, architects, and other experts.

Average pay: Development managers may expect to make an annual income of about $120,000 on average.

11. Research analyst

Industry trends, economic statistics, and other elements that may have an impact on the real estate sector are studied by research experts. With the aid of this data, they advise REITs on the best investments for real estate.

Average pay: The usual yearly compensation for research analysts is in a range of $82,000.

12. Accounting manager

Accounting managers oversee the administration of financial deals of REITs. They are in charge of managing budgets, creating financial statements, and making sure accounting rules are followed.

Average pay: Accounting managers may expect to make an annual compensation of about $100,000 on average.

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13. Risk manager

Risk managers analyze and evaluate possible dangers to REITs, including changes in the market, calamities of nature, and legal obligations. They create plans to lessen these risks and guarantee the REIT’s long-term viability.

Average pay: Risk managers typically make an annual salary of roughly $110,000.

14. Environmental, social, and governance (ESG) manager

Environmental sustainability, social responsibility, and good governance are all promoted by ESG managers through the development and implementation of strategies and initiatives within REITs. They strive to make sure REITs are run sustainably and with social responsibility.

Average pay:  ESG managers can expect to make an annual compensation of roughly $90,000.

15. Tax manager

For REITs, tax managers create and put into action tax policies. They aim to keep the REIT in line with every applicable tax legislation and regulations while minimizing its tax liability.

Average pay:  Tax managers may expect to make an annual income of approximately $110,000.

Is working for a REIT a good career path?

Working for a REIT can be an excellent choice if you’re searching for a career in real estate. The potential for large wages is one advantage of working for a REIT. However, it’s crucial to remember that pay can vary in accordance with things like geography, education, and experience.

Nevertheless, with annual salaries ranging from $80,000 to $500,000, some of the top paying positions in REITs are those of chief executive officer, chief operating officer, and property developer.

The potential for job advancement is a further benefit of working for a REIT. Since REITs are consistently acquiring and creating new properties, there is always room for growth inside the organization.

Do I need a bachelor’s degree to work in REITs?

While certain jobs might need a higher education, many entry-level employment don’t. However, having a bachelor’s degree might be advantageous and might make you stand out in a full employment market. For instance, a bachelor’s degree is frequently necessary to become a REIT analyst, a few of the top paying positions in the sector.

But, many other positions inside REITs can be filled without a degree. For instance, a high school diploma or its equivalent can suffice for a position in property management.

Consider looking at  internal salesperson positions as well, which only demand a high school diploma or its equivalent and offer an average annual income of $60,532.

Faqs of High-Paying Jobs In Real Estate Investments Trusts

Does working at a REIT pay well?

Yes, being an employee for a REIT may be quite lucrative. The typical annual salary for real estate brokers and sales agents in May 2022 was $50,730, according to the Bureau of Labor Statistics. The top 10%, on the other hand, made more than $112,610.

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What of different job roles within a REIT, though? The positive aspect is that this industry has a lot of high-paying employment accessible.

For instance, Indeed reports that the typical annual compensation for an incoming salesperson in a REIT is $60,532. This is merely one of several jobs available that pay well and provide benefits.

What is a real estate investment trust (REIT)?

Real estate investment trusts (REITs) are businesses that own and manage income-generating assets like hotels, offices, flats, and commercial buildings. They make it possible for you to make real estate investments without having to own or maintain the properties. High-Paying Jobs In Real Estate Investments Trusts,

In order to allow ordinary investors to participate in real estate, REITs were developed in 1960. They are an excellent choice for revenue-seeking shareholders since they are obligated by legislation to deliver at least 90% of their tax revenue to investors in the form of dividends.

How much does a CEO of a REIT make?

The CEO of a REIT, who is in charge of the entire organization’s leadership and often receives the greatest pay, holds the position with the highest pay scale. According to SPG Global, the typical remuneration for the top 10 CEOs of publicly listed real estate investment trusts in 2018 varied from $12.4 million to a high of $43.6 million total compensation.

It’s necessary to remember that CEO compensation can vary significantly based on the scope and performance of the REIT. CEOs of bigger, more prosperous REITs typically make more money than those of smaller, less prosperous REITs. High-Paying Jobs In Real Estate Investments Trusts,

Conclusion

A real estate investment trust (REIT) can be an excellent place to start if you want to work in the real estate sector.

Companies that own and manage income-producing real estate assets, like office buildings, apartments, and retail malls, are known as REITs. You don’t need to possess the buildings altogether to participate in the revenue made from them as a REIT shareholder.

Real estate investment trusts (REITs) are businesses that own and manage income-generating assets like hotels, offices, flats, and commercial buildings. They make it possible for you to make real estate investments without having to own or maintain the properties.

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