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Are you looking for the best-paying jobs in real estate investment trusts in the USA?
If you have any questions in your mind and are wondering whether real estate investment trust is a good career path and how powerful the future it holds, then we got you covered.
REITs are one of the most resilient sectors to work in, In fact, according to one study, even covid and the following didn’t do much to affect the industry level.
This article will see different types of REITs, how to invest in them, and the 10 paying jobs in real estate investment trusts with their benefits.
But first, let’s understand what real estate investment trust stands for.
1. What does REIT stand for (real estate investment trusts)?
The real estate investment industry is growing fast every day, and the opportunities to make money through REIT are also flourishing.
It has delivered highly competitive returns, steady income, and long-term capital. A real estate investment trust is a company that owns and operates various real estate. They have different commercial properties, ranging from apartments, offices, complexes, warehouses, and shopping malls. The total real estate investment trust owns $3.5 trillion in the USA.
Most trusts focus on owning particular properties, but some trusts own multiple types of properties. Through REITs, investors can generate passive income and invest in valued properties. Without actually having to go anywhere, the stockholder of the REIT can earn a share of the income.
If you are looking for opportunities that promise a higher return for your investment but are at low risk, then the real estate investment trust is the perfect fit for you.
However, it would help if you had strong investment strategies to increase your portfolio. The industry offers endless career opportunities. If you are looking to start a career in REIT, you have landed at the perfect spot.
Further, we will explore 10 of the best-paying jobs in the real estate investment trusts in the USA and the ones that will make the best fit for you.
2. What ensures its future? why do People invest in REITs?
REIT offers a variety of advantages. They are an excellent portfolio diversification and have reduced portfolio risk. REIT has delivered good returns, steady passive income, and long-term capital.
If you want to know more about the total return breakdown here is a statistic detailing the:- Total return of the 50 largest real estate investment trusts (REITs) in the United States as of September 2022
They are tax-efficient, and they have pass-through status from the government. Big or small investors can efficiently allocate their funds in the real estate market and gain benefits.
2.1 There are several benefits of real estate investment trust-
Real estate investment trusts have better liquidity than direct property investment. Unlike normal property, which is bought or sold in the open market, REIT is traded on the stock exchange.
A real estate investment trust is publicly traded, and it must be registered on a stock exchange with the SCE, and its financial information is disclosed to the real estate investors.
Real estate investment is a massive portfolio that allows investors to diversify in the real estate market.
Real estate investment trusts provide a dividend income and allow steady capital over a long time.
Real estate investment trusts have a history of being one of the best-performing sectors. All commercial properties have long-term appreciation.
3. Different types of REIT
3.1 Equity REIT
Equity REIT invests in offices, residential properties, industrial assets, office buildings, and hotels. The Equity REIT Industry manages, builds, and sells real estate properties and further distributes the income to the investors in different dividends.
Most of the income comes from the rental and sale of properties.
3.2 Mortgage REIT
Under Mortgage REIT, they lend money or acquire existing mortgages from real estate buyers. They earn through charging interest that they get on mortgage loans.
3.3 Health Care REIT
Healthcare real investment trusts invest in medical centers, hospitals, nursing facilities, and clinics. This REIT shows a good investment opportunity because the healthcare sector will grow in the future, and they are in high demand.
3.4 Office REIT
Office REIT invests, owns, and manages office buildings. They earn through rent. Some focus on specific fixed markets like districts or suburban areas.
They range from NGOs, technology firms, banks, and agencies. They trade on the public exchange markets, and investors can buy these shares. The two most high-paying posts in this field are the Chief Executive Officer and the Chief Operating Officer.
3.5 Residential REIT
Residential REIT owns and operates rental apartment buildings, complexes, etc. They give people a chance to invest in real estate properties.
This REIT tends to focus on larger urban centers. It is a flourishing market.
3.6 Hybrid REIT
A hybrid REIT is a real estate investment trust that combines equity and mortgage; they further invest in mortgage loans or securities. Hybrid REITs get the benefits of both with less risk.
4. 10 best-paying jobs in real estate investment trusts in the USA
All thanks to their Hybrid Nature (study here) REITs are simple systems run by simple companies that offer different jobs for varied profiles. So, one of the best sectors to enter for a job.
The real estate market is an ideal investment strategy, especially if the market is in good shape. Being a real estate owner, property manager, or investor in real estate isn’t the only opportunity for an income stream.
Below are some 10 best-paying jobs in real estate investment trusts in the USA–
4.1 Real estate investor’s jobs in real estate investment trusts
If you have extensive research and market research skills, then a Real estate investor’s job is one of the most profitable jobs in this industry.
The real estate investor purchases real estate assets and develops worth to them or adds value to them and then resells them at a premium higher price.
One must have time, patience, and skills to make it work. Have an eye on when to buy, where to buy, and what price to sell.
Primary requirements to be a real estate investor:
Funds- Money to own and buy the property.
Knowledge- One must know different real estate investment strategies.
Willingness- Be able to take risks
Quickly adapt to various strategies in buying and selling properties.
Annual pay, Real estate investor receives an average of around $124k.
4.2 Real Estate Agent Jobs
After a real estate investor job, the following common occupation is the real estate agent job. The real estate agent is responsible for assisting a person in purchasing or selling real estate property.
Some agents specialize in either residential real estate properties or commercial real estate.
They help to connect buyers and sellers of various commercial properties. The properties might include various sections like shopping centers, warehouses, and apartments. You must have some history in finance.
Real estate agents and real estate brokers are two different things. Real estate agents work for a brokerage firm, whereas a real estate broker has additional training, and can hire other agents.
4.3 Real Estate Property Appraiser
An appraiser is someone who determines the worth of a property. It can either be a commercial or residential asset. Real estate property appraiser calculates the market value of the assets, which rely on different economic factors.
One is required to have a license and education in appraiser courses. However, it is essential to have an educational background in different subjects like economics, finance, and real estate.
Annual pay, Real estate Property appraisers receive an average of around $53k.
4.4 Real Estate Attorney Jobs
Real estate attorney jobs are an excellent job opportunity under REIT. The work of a real estate attorney involves settling disputes in asset ownership and transfers.
The real estate attorney acts as a mediator whether there is an issue of titles, transfers, documentation, or any other legal issue between the parties involved.
They provide legal guidance to buyers and sellers. Real estate attorneys ensure that all parties adhere to the legal framework and avoid disputes.
Primary requirements of being a real estate attorney-
Bachelor’s degree in law and Juris doctorate
Passing the bar exam
If you are already an attorney, this might be a good opportunity.
Annual pay: Real estate attorney receives an average of around $119k.
4.5 Real Estate Broker
A real estate broker helps the asset buyer meet the seller and vice versa. Brokers work independently without joining any brokerage firm. A broker can also start their brokerage firm by becoming their boss.
Being a real estate agent helps you determine your income with your hard work, knowledge, and dedication. Brokers must have a license and pass the qualification test before starting their work.
Real estate agents and real estate brokers are two different things. Real estate agents work for a brokerage firm, whereas real estate brokers have additional training, and they can either work on their own or hire other agents for them.
Annual pay: Real estate brokers receive an average of around $72.5k.It is another best-paying job in real estate investment trusts.
4.6 Property Management Job
Property management is another good option. Many people put their income in real estate investment trusts and get dividends.
A property management position is widespread. A property manager does not cater only to investors’ needs but also to the needs of the property and the tenants in it.
The property manager’s job includes assuring the financial and physical conditions of the properties are appealing and attractive.
To be a good property manager, one must possess great managerial skills, problem-solving skills, and marketing skills.
Annual pay: A property Management job receives an average of around $54k.
4.7 Real Estate Investment Trust Analyst Job
The real analysis job is to work with real estate and financial management to assist, sell, market, and finance properties. A real estate person contributes to the research, analysis, and monitoring.
They use different financial tools on companies’ assets and purchases. They help a company to make wise decisions on properties. One must have good research skills, organizational skills, and analytical skills.
Enough knowledge in local property markets and finance programs is also needed—a bachelor’s degree in economics, finance, or any related field.
Annual pay: The REIT analyst job receives an average of around $82k.
It is another best-paying job in real estate investment trusts.
4.8 Real Estate Developer Job
Real estate developer acquires land and builds the property. He does not work like a real estate investor who buys real estate properties and resells them instead, constructs the buildings from scratch, including planning, financing, and coordination.
They work closely with various professionals like architects, engineers, lawyers, and contractors.
Primary requirements for becoming a real estate developer-
Good in financial planning
Exposure and knowledge of real estate market degree in architecture, urban planning, business, and civil engineering.
4.9 Leasing Consultant
Leasing Consultants help people find property and housing options that fit their budgets and preferences.
The leasing consultant job starts with a progressive career and has higher positions and roles in the future.
You become a public face. If you work as a leasing consultant, you need to have good interpersonal skills, marketing skills, and promotional skills.
Possessing sound knowledge in this field helps you get your clients what they demand.
4.10 Investor Relations
Investor Relations coordinates interactions with Real estate investment trust shareholders. They conduct annual meetings, which include a summary report and financial statement.
A bachelor’s degree with years of experience in accountancy and finance comes in handy.
The real estate industry is rapidly growing. The number of people searching for a place to live or do business is endless. The job offered in a real estate investment trust will not slow down. There are many comprehensive benefits, regular steady income, and even insurance in a Real Estate Investment Trust.
It is a good choice, and one can consider a career. Even if you don’t want to make it a career path, Real estate investment trusts offer a good investment option and high returns.
REIT is a globally recognized successful profession that provides individuals with many fulfilling opportunities and the opportunity to make money in less time.
Lastly, if you want to succeed in this field, you need to prepare and get one of the best-paying jobs in the listed real estate investment trusts.
Frequently Asked Question
1. Who can invest in Real Estate Investment Trusts (REIT)?
REIT allows investors to invest in various properties that they don’t have to manage themselves.
They make it very efficient for individuals with diversified financial portfolios to diversify their holdings without the added cost of real estate management.
2. How to bag a job with a Real Estate Investment Trust (REIT)?
It is essential to determine what type of career you are interested in and possess all the necessary skill sets. After that, look if any educational background is required or job experience is required.
Before applying for various REITs, make sure you know about finance, business, and investment.
Experience is a significant key role- the more you know about the sector, the more you will land a better position. You must be confident and take chances.
3. Are There Any Limitations of REIT?
#1. Property-specific risks
REIT adds diversification to one’s portfolio. It’s with most individual REITs are not very diversified. They mainly focus on a specific property. Each type of commercial property has its risks.
#2. Interest rate
REITs are highly sensitive to interest rate fluctuations. Rising interest rates are bad for REIT stock prices.
#3. Tax Rates
The tax rates are higher than 15% most dividends are taxed.
This is because a large part of the REIT dividend is considered ordinary income, normally taxed at a higher rate.
Last Updated on February 17, 2024 by Sathi Chakraborty