With a high job satisfaction rate and a healthy real estate market, more people are turning to the real estate industry.
What Are Real Estate Investment Trusts?
You could either buy a property or purchase shares of a REIT that owns property in that market area.
How Many Real Estate Investment Trusts Are There in Total?
Most of the more than 1,100 REITs that have filed tax returns with the IRS are privately held entities.
The demand for people in real estate investment trusts is high because the real estate industry continually needs more workers, and there are many opportunities for advancement.
What Is The Job Outlook For People In Real Estate Investment Trusts?
How Many Jobs Are Available In Real Estate Investment Trusts?
This includes a variety of job titles, such as property managers, equity research senior analysts, real estate property appraisers, and Corporate Development managers.
Whether you are interested in becoming a real estate investor, real estate agent, financial analyst, or corporate manager, REITs provide a comprehensive platform to begin your journey.
1. Chief Executive Officer (Salary: Up to $500,000)
But for those who are up to the challenge, the rewards are well worth it.
Other responsibilities include managing the accounting and finance team and building relationships with key stakeholders such as investors, lenders, and regulatory bodies.
2. Chief Finance Officer (Salary: Up the $350,000)
By leveraging their expertise in operations and administration, they ensure that everything runs within budget and on time.
3. Chief Operating Officer (Salary: Up the $325,000)
5. Finance Manager (Salary: $55,000-$65,000)
They are an integral part of any successful REIT team.
7. Property Manager (Salary: $70,000 – $120,000)
Depending on the type of REIT, your role as a Property Manager may involve overseeing rentals or managing multiple locations with potential for rentals.
They are also among the highest paid professionals in the industry. The data and research for any new project must pass their review to determine if it is actionable.
8. Investment Analysts (Salary: $100,000 – $130,000)
10. Site Acquisition Specialist (Salary: $130,000 – $160,000)
If you’re looking for a high-paying career in the REIT field, consider becoming a Site Acquisition Specialist.
11. Real Estate Acquirer (Salary: $140,000 – $200,000)
Real estate acquirers ensure that a REIT doesn’t overpay for precious land or property. They must remain calm and collected and have excellent negotiating skills.
In the competitive real estate market of 2023, a Marketing Head role in a REIT (Real Estate Investment Trust) is one of ...
12. Head of Marketing (Salary: $130,000 – $160,000)
...the most attractive positions for those with a bachelor’s degree in marketing, public relations, or related fields.
Marketing Heads need to be creative and savvy when developing campaigns targeting businesses and consumers.
With REITs, you can work your way up quickly as you gain experience and knowledge in the industry. There will be many opportunities for promotion or lateral movement into other business areas.
Career Advancement
Stability & Security
One significant advantage of working at a REIT is job security; unlike many other industries, the real estate sector doesn’t fluctuate wildly, and jobs are stable.
How Do I Become A Real Estate Investment Trust Professional?
Step 1: Get Educated on the Topic: Take courses and programs to learn what you need to know about real estate investing.