12 Best Paying Jobs in Real Estate Investment Trusts | Real Estate facts you should know
If you are thinking of working in the real estate industry? If so, today is when you will be learning the 12 best-paying jobs in the real estate investment trusts.
As we all know that global real estate is a relatively new yet exciting asset-class that the people nowadays consider investing in. Investment opportunities for the additional cash-flows are necessary when planning about your financial goals.
And real estate investing is a very prime investment strategy, especially when the market conditions are going well. They are so owing to the real estate, property management, or becoming a real estate investor are not just the options you have for the actual estate-related income stream.
What Is a Real Estate Investment Trust?
Real Estate Investment Trusts, may also known as REITs, are the companies managing and owning real estate. They will handle different estate assets such as hostels, warehouses, office buildings, and shopping centers.
There are around $3.5 trillion assets that the REITs in the United States own. These companies will produce the income for the real estate properties, which the investors have to get paid in return.
There are some instances that some of the real estate investments trusts do financing estate too. Real estate investments are still the same as investing in stocks. Still, with REITs, investors can vest the most valuable assets and have the chance to receive a very stable shared income.
This is why many people are actually into real estate investments as a perfect way of expanding the passive income streams. These commodities and as well the possibilities for the high yields that attract the people to invest in the real estate.
Are you out there looking for the best investments that are a lot safe with much higher returns? Then the real estate investment trusts are actually what you are looking for.
10 best-paying jobs in real estate
Let’s just move on to the different types of jobs in REITs. There are actually many of them, but we have to pick the ten best-paying jobs in the real estate investment trusts that you will really enjoy doing.
Real Estate Broker
Real estate agents are actually one of the jobs that will continue to grow in the real estate field. They may involve assisting the people in purchasing a house or selling real estate properties.
Agents dealing with the residential properties should have contact with the sellers and buyers and may act as a medium. Some agents will specialize in residential properties, while others may know about commercial ones.
As for the agents dealing with the commercial properties, they will connect with the sellers and buyers. The properties in this kind of section are shopping malls, warehouses, hotels, and rental apartments.
Real Estate Investors
Investors are one of the real estate investment trusts jobs that not everyone would be willing to work for. However, real estate investors’ responsibilities require purchasing the assets and adding a lot of value to the properties before they are selling them at a much higher price.
It can be one of the most profitable career jobs in this field. But will, great profit comes with many risks, and this career takes patience, skills, and time to make it work. To do it, you will have always to know when you will buy, where you will buy, and when to sell.
Real Estate Broker
We all are familiar with real estate brokers. They are the only ones who are very good at negotiating properties. This is a perfect-paying job in the REIT sector. However, you must remember that working as a broker is not the same as working as an agent.
If you want to, you can study more to reach a higher position or build an office independently. Brokers have the best salary, and they are well worth their fee with their skills and techniques.
An acquisition function in the real estate is sourcing you the new investment opportunities and seizing the deal to the end. So if you are actually into acquisitions, you have to be well-prepared because this type of job also means that numbers are involved.
For this job, you have to have experience in the capital markets, finance, marketing, or general business to apply for this kind of position. An acquire mostly comes from being an analyst and is still earning around $80,000.
The developer’s main job is to be in charge of building the new kinds of properties ultimately. So this is a project that has the management and the works together with the other functions to realize them properly development.
Depending on the REIT, you will be working with the subcontractors and contractors for design, project construction, and styles, a development job that will earn you up to 6 figures, the same amount as a vice president of construction at REITs.
Real Estate Investment Trusts Analyst Jobs
Another of the best-paying jobs in the real estate investment trusts is an analyst. An analyst may help the real estate and the finance team acquire, market, deposit, and finance the properties.
They will assist in researching, monitoring the real estate market, and analyzing data, allowing the company to make sensible decisions and plans in buying the properties.
A relations consultant is the dream job most people want because these REITs jobs have a very high salary. It is always considered one of the best careers for most enthusiastic people out there. Their only responsibilities are to communicate with the investors looking for potential projects to take on.
REIT companies will hire the leasing agents to benefit the property owners to lease their properties to the prospective tenants and develop good relationships with the existing clients. Then, the market, prepare the lease documents, and market properties.
Real Estate Property Appraiser
A real estate property appraiser is very well-trained to appraise and determine the actual worth. It can be either a commercial or residential property. Identifying the actual worth depends on the market and the other economic factors. To become a property appraiser, you must have a proper education or a license.
Real Estate Attorney Jobs
Another excellent paying job in real estate investments is to be an attorney. Their work involves settling in many different disputes in property ownership and transfers. It can be issuing titles, documentation, or transferring the legal issues concerning the real estate properties.
Business System Analyst
Business System Analysts will interpret, adjust and restructure different facets of a REIT business. The individual is always liable to safeguard that the business structure will meet the highest efficiency. They can also implement many tasks during a workday. Some of them include determining the solutions to the problems stirring the hardware system or business software.
Account assistants at the real estate investment trust in the State of California work to maintain the finances and report directly to the senior accountant or the finance manager. They may proceed and receive payments, employment, reimbursement, and bills.
In this article, we have just discussed the 12 best-paying jobs in real estate investment trusts. However, we recommend you do some research of your own to get the best results.