9 Best Paying Jobs in Real Estate Investment Trusts

9 Best Paying Jobs in Real Estate Investment Trusts

A Real Estate Investment Trust (REIT) is a company that invests in real estate. The company has two types of investors: fund members, who invest money and may share in profits from the REIT, and shareholders, who own shares of the stock in the trust and receive dividends.

A real estate investment fund is a company that invests in the real estate sector. It may also invest in other financial assets, such as stocks and bonds. They are similar to mutual funds but with a lower entry barrier.

What Do You Mean By Real Estate Investment Trust?

A Real Estate Investment Trust (REIT) is a company that invests in commercial real estate and devotes the income from those investments to repay the debt, pay shareholders, and fund acquisitions. REITs are usually labeled as public companies and often invest in commercial, office, retail, or industrial properties. Also, it differs from other types of investment trusts like mutual funds by avoiding providing direct shareholder services like portfolio management, trading, etc.

[Read more: Navigating Rental Market – Essential Guide for Buyers and Sellers]

Different Types Of Real Estate Investment Trusts

There are main five types of  Real Estate Investment Trust

  • Retail REITs
  • Healthcare REITs
  • Residential REITs
  • Mortgage REITs
  • Office REITs

How Do Real Estate Investment Trusts Make Money?

Real Estate Investment Trusts, or REITs, are companies that own and lease commercial property. They differ from other businesses in a few ways:

  1. REITs are not taxed as income-generating entities.
  2. They can’t distribute their income to shareholders, so it cannot be treated as corporate income for tax purposes.

These trusts must invest at least 75% of the value of their portfolio in real estate assets and hold those investments for at least three years before they can begin to distribute dividends.

Is a Real Estate Investment Trust a Good Career Path?

Yes, it can be profitable, but they don’t have as much upside potential as other investments like stocks. It’s all about how you define “good.” If you want to earn a steady income and would rather focus on one specific type of property, it can be a good option.

The main issue with investing in stocks is the volatility of the market. If you decide to go with a company that has investments in real estate, you will have more stability than if you invest in stocks. Another benefit of investing in real estate is that it doesn’t increase your risk as much as stocks would because there is a physical asset for you to sell when needed.

Best Paying Jobs in Real Estate Investment Trusts

The best-paying jobs in REITs are almost exclusively in Property Management. You can make $180,000 or more in this field if you’re an experienced professional. Being a property manager means that you’ll be charged with finding new properties for your company to renovate and resell. 

1. Real Estate Agent Jobs

Real estate agents are some of the highest-paid job positions. They earn an average of $59,300 annually. The salary is based on experience, as it takes roughly five years to become a real estate agent and earn their license. Once this happens, the employer can offer them up to $1,000 per month in commissions. 

The income potential is also high. There is no risk in starting a career as an agent because new agents start at $35,000 just by signing with a company. Plus, you can earn up to on average, around $58,000 per year.

2. Real Estate Developer Jobs

A real estate developer combines the skills of construction and development to create, buy, and sell properties. It can be done by building houses, apartment buildings, shopping centers, or commercial property. 

The economy and job market are constantly changing. One of the most lucrative careers in the job market is the career of a real estate developer. Real estate developers help build new homes, commercial buildings, and more. They also help with the construction process, planning, and marketing. These careers have many benefits.

[Read more: Remortgaging To Release Equity From Your Property]

3. Leasing Consultants

Real Estate Leasing Consultants Jobs is a blog that has many tips and advice for those looking for jobs in the real estate industry. It provides useful information like job descriptions, interview questions, and salary ranges depending on experience levels. It also has a section dedicated to each state that gives tips on specific cities.

Real Estate Leasing Consultants help people find a great home to rent or buy. They help clients find the right home by understanding their needs and what they are looking for. Since most people don’t know anything about houses, RE-Consultant’s expertise helps them make the right decision.

4. Real Estate Property Appraiser

Real Estate Property Appraisers assess and evaluate the condition of properties to determine their value. The appraisal process includes:

  • A visual inspection.
  • An inspection of the property’s deed.
  • Inspections of any legal documents related to the property.

They also look for any hidden defects that might devalue the property. After all, this is done, the appraiser puts together a report and recommends the property’s value. The app lets you access your properties anytime and anywhere that has internet. You can even download the data into a spreadsheet to track the real estate market in your area.

5. Real Estate Attorney Jobs

Real estate attorney jobs are in high demand and can be competitive. However, if you are skilled in this field and have a good track record, it could be a very lucrative career for you. People who already have years of experience may start their practice rather than work for an established law firm.

As of 2016, there are approximately 34,700 real estate attorneys in the United States. This career is an excellent choice for people that enjoy working with their hands and have an eye for detail. Real estate attorney jobs vary depending on the area of law that one practices. However, lawyers typically make $72,000 to $220,000 annually.

6. Real Estate Investor Jobs

Real estate investor jobs can be very exciting and challenging. Some people may make real estate investments to profit, while others may do it as a hobby. For those who want to invest in homes, the best places to start are in the metropolitan areas of major cities. Cities like New York, Los Angeles, San Francisco, Boston, and Chicago have more demand for homes than anywhere else in the country. 

Homeowners from these cities also thrive on property prices that rise rapidly. Due to new investment opportunities and trends, the real estate market is continuously changing. To stay on top of these changes, individuals are required to be able as well as knowledgeable about the industry. 

[Read more: Can I Sell My House While in Forbearance?]

7. REIT Analyst Jobs

REIT analysts are expected to have a pretty broad college education. They provide financial analysis to investors in the property market. They work for trading companies, banks, hedge funds, or real estate firms in the private sector. 

In the public sector, they work for governmental agencies like the United States Department of Housing and Urban Development, which has a mandate to regulate investments in housing. They invest their clients’ money in various properties and hold the property until the company can sell it.

8. Real Estate Broker Jobs

Real Estate Broker Jobs are an enjoyable and lucrative career choice. There are many benefits of being in this field. For example, the job is very flexible and allows you to make your hours. You also have an opportunity to work from home or a co-working space more often than not. Another benefit is that the industry is constantly changing. People are always learning new things that can help you get ahead. Real estate brokers need to know the market and real estate trends. They also must have strong communication skills.

9. Property Management Jobs

Property management is a type of career that many people want to pursue. Positions in property management vary widely and can be found in many different industries as well, depending on the company. A person working in property management might take care of managing a single building, or they might oversee an entire area for multiple companies. 

A property manager’s job is about making sure that the business thrives and the company gets what it needs without any problems arising. Property management includes a wide range of tasks, including tenant and resident services, handling issues with other tenants or condo boards, and collecting rent and other fees.

Conclusion 

There are many different jobs in the field of real estate investment. The most common types of jobs help facilitate real estate investing, such as brokers, appraisers, and experts. These types of people will help set up deals so investors can buy properties with ease. 

There are also many more ways to invest in real estate. The best way to do this is to find a company with a good track record and see if you can be their partner. Investing in real estate can be risky, so make sure you have a good strategy before making any decisions on the market.

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