Everyone knows the real estate market is growing, and that includes real estate investment trusts (REITs). This makes people wonder: What are the highest-paying jobs in REIT companies?

So, are you also interested in the real estate market but aren't sure about a specific role, exploring the best-paying jobs in real estate investment trusts could be a great option.

In this article, we list 19 of the best paying jobs in Real Estate Investment Trusts (REITs), shedding light on the roles that promise both financial rewards and career satisfaction.

But first, let’s give you a clear picture of what REITs are.



What Are Real Estate Investment Trusts And How Do They Work?

Real Estate Investment Trusts, or REITs, are like investment companies for real estate. When you invest in a REIT, you're joining a group of people who pool their money to buy and manage different kinds of real estate, like apartments, offices, or shopping malls.

The cool part? You don't have to worry about being a landlord or fixing leaky faucets. The money these properties make, usually from rent, gets shared among all the people in the REIT. Plus, REITs are traded on the stock market, so it's kinda like buying and selling shares of a company.

It's a way for regular folks to invest in real estate without the hassle of buying a whole building themselves. And, just like when you invest in a company and get dividends, with REITs, you often get a slice of the profits in the form of dividends too!

REITs are mostly formed by real estate companies who act as sponsors. The company picks a trustee. The trustee's job is to hold onto the real estate assets for the trust. But, the trustee doesn't control these assets directly.

After getting the power, the trustee chooses a manager. This manager takes care of the assets, handles them, and makes investment choices for the real estate investment trust every now and then.

Furthermore, REITs only put money into things that can make them the most money. Things like resorts, shopping malls, offices, warehouses, hotels, and more are the kinds of places they invest in.



Different Types of Real Estate Investment Trusts

Real Estate Investment Trusts (REITs) come in various types, each with its own focus and investment strategy:

1. Equity REITs:
Equity REIT is a particular kind of real estate investment trust that owns and manages income-generating real estate properties, and they often focus on specific sectors like residential, commercial, or industrial real estate.

2. Mortgage REITs:
Instead of owning properties, Mortgage REITs invest in real estate mortgages or mortgage-backed securities. They make money through interest earned on these investments and can be sensitive to changes in interest rates.

3. Hybrid REITs:
As the name suggests, Hybrid REITs combine elements of both equity and mortgage REITs. They own properties and also invest in mortgages or other real estate-related assets to diversify their revenue streams.

4. Public and Private REITs:
Public Real Estate Investment Trusts (REITs) are traded on stock exchanges, allowing anyone to buy shares. They own and manage income-generating properties, distributing a significant portion of their income as dividends.

Private REITs, on the other hand, are not publicly traded. They typically require larger investments and are often limited to accredited investors. Private REITs may have a more targeted focus on specific property types and offer less liquidity compared to their public counterparts.



Are Real Estate Investment Trusts A Good Career Path?

Yes, according to research, U.S. REITs own nearly $4.5 trillion worth of gross real estate as of 2021, implying a substantial and influential presence in the real estate market. So, starting a career in real estate investment trusts (REITs) is a great move in today's job environment, but it might be a bit tricky initially. To succeed, you need the right knowledge, information, and skills. The industry has some really smart people, both nationally and internationally.

Managing things in a REIT can be tough, but the returns are worth it. However, because the market can be unpredictable, it's a bit challenging for analysts to predict what will happen with assets.

To begin a career in REITs, you might start from the bottom and work your way up. If you're smart and contribute to your company's success, your career can grow fast. The rewards of a REIT career are quite appealing.

If you enjoy taking risks and understand the financial market, this career can be really rewarding for you.



Best Paying Jobs in Real Estate Investment Trusts

Here are 19 of the best-paying jobs in real estate investment trusts.

1. Property Manager: Overseeing the daily operations of individual properties within the REIT portfolio, property managers handle tenant relations, maintenance, and rent collection. While the average salary hovers around $60,000, exceptional performance and experience can unlock higher compensation packages.

2. Market Analyst: Market analysts monitor industry trends, assess property values, and inform investment decisions. They use publicly accessible data and create impactful strategies to maximize the overall productivity and financial growth of the company. This crucial role demands strong analytical skills and sector knowledge, paving the way for salaries ranging from $70,000 to $120,000.

3. Real Estate Agent:
Real estate agents are professionals who assist in property transactions within the REIT portfolio. They play a role in acquiring, selling, and managing real estate assets for the REIT. Agents work under the supervision of real estate brokers to help facilitate the closing of a property. The more business contracts they sign, the more they’ll earn, considering salaries are commission-based.
The pay scale ranges from $45,000 to $112,000 annually.

4. Realtor:
Real estate agents and Realtors are often misunderstood by home buyers. Even though they're alike, they're not exactly the same.

A real estate agent is a licensed professional who can help people buy or sell property. On the other hand, a Realtor is a specific type of real estate agent who is a member of the National Association of Realtors (NAR). While all Realtors are real estate agents, not all real estate agents are Realtors. The term "Realtor" signifies that the agent is a member of a professional association that adheres to a specific code of ethics and standards.
So, essentially, all Realtors are real estate agents, but being a real estate agent doesn't automatically make someone a Realtor.

5. Real Estate Broker:
A Real Estate Broker is like a captain in the world of home buying and selling. They oversee real estate agents and make sure everything runs smoothly. Brokers have extra training and responsibility compared to regular agents. They need to have a license for dealing with real estate properties, and also need to pass the standard qualification test.

As for their salary, it varies, but they often earn more than agents. On average, a Real Estate Broker in the United States might make anywhere from $50,000 to $160,000 or more per year, depending on their experience and success.

6. Investor Relations Officer:
The real estate investment trust investor relation officer has an important job. They manage the communication efforts between an organization's executive members and investors. Their main tasks include looking at money models, keeping investors happy, writing news releases and presentations, and teaching others in the company how to talk to the public.

To do this job well, they need to be good at talking with people and making decisions on their own. A person doing this job might earn a salary between $112,905 and $159,408, depending on how much experience they have and the company they work for.

7. Property Developer:
A Property Developer is like a creative architect in the real estate world. They come up with ideas for new buildings or improve existing ones. They plan and oversee construction projects, making sure everything is built just right.

A real estate developer identifies a proper location, collaborates with various stakeholders, including architects, contractors, and local authorities, and also organizes repairs and leases properties.

Their salary can vary within the range of $70,000 to $130,000 per year, depending on their experience, the size of the projects they handle, and the location where they work.

8. Real Estate Property Appraiser:
The real estate property appraiser is in charge of determining the worth of a property. They figure out how much a house is worth by looking at its features, and location, and comparing it to other similar homes. They play a key role in deciding the fair value of a property.
As for their salary, it varies. On average, a Real Estate Property Appraiser might earn between $50,000 and $75,000 per year. Their pay depends on their experience, the types of properties they appraise, and where they work.

9. Asset Manager:
Asset managers are responsible for the management and optimization of a real estate portfolio. They take care of properties, making sure they make money and stay in good shape. They handle things like rent, budgets, and property improvements.
As for their salary, it can vary. On average, a Real Estate Assets Manager might earn between $150,000 and $250,000 per year.

10. Real Estate Attorney:
A Real Estate Attorney is like a legal expert for property matters. They help people with legal stuff related to buying, selling, or owning homes. They review contracts, handle legal documents, and make sure everything is lawful in real estate deals.

On average, a Real Estate Attorney might earn between $100,000 and $250,000 per year. Their pay depends on their experience, the complexity of the legal issues they deal with, and where they work.




See the full details here:

Top 22 Best Paying Jobs in Real Estate Investment Trusts (REITs)

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