Last Updated on July 25, 2022
Real Estate Investment Trusts jobs are focused on real estate investing, which means these professions are highly skilled and trained in commercial real estate and high value investments. There are different levels and specialties in real estate investment trusts that may be more suitable for people with different skill sets; however, we will focus on the highest paying real estate investment trusts jobs.
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What Is A Real Estate Investment Trust?
Real Estate Investment Trusts, known as REITs are publicly-traded companies that own, operate, finance, and manage income-generating commercial real estates, such as apartment complexes, office buildings, shopping centers, warehouses, hospitals, motels, hotels, condominiums, and even commercial forests.
Different Types Of Real Estate Investment Trust
Now that you have understood more about real estate investments, look at these different types of REITs you can invest in. Each one of them generates income via rent collection, residential sales, or mortgages.
Debt Real Estate Investments Trust
Debt-oriented REITs are organizations that provide money to customers who want to buy real estate properties. This is similar to lending companies as it is giving debts to the purchaser, and in return, they have to pay the loan interest.
Handing-Money-Stock
This type of investment income comes from the monthly interest fee from the loan. The only downside of this investment is the possibility of being tricked. A lot of buyers delay their payment, or some just walk out without paying interest.
Equitability Real Estate Investments Trusts
Equitability REITs are investments made from sectors such as apartments, residential real estate, shops, markets, and resorts. Once the proposal is approved, the real estate investment trusts take care of establishing, supervising, and building the hub.
After that, REITs will pay the investors a percentage of the profit received. The income from the investments as a whole is served as the entire earnings of the REITs and will be divided based on the agreement.
Medical-Oriented Real Estate Investments Trusts
Medical-oriented REITs invest in properties like multi-specialty clinics, research facilities, or healthcare buildings. It’s hard to imagine that this one will fail because they are currently in high demand.
The requirement of hospitals is increasing. Laboratories, specific tests, and nursing homes also have their own needs. So, it’s safe to say that investing in the medical sector will earn you profit and definitely let your business develop.
Merchandise Real Estate Investment Trust
Merchandise investments are retail shops and markets, such as department stores, shopping malls, supermarkets, and other centers.
However, REITs will not be managing or producing these. Instead, they give the purchaser debts and collect their profits from the retail shops and market owners.
Domestic Real Estate Investments Trust
This REIT will start with creating housing, apartments, large-scale community, complex centers, and more. When talking about domestic REITs, these are some of the major responsibilities of the REITs.
No matter what field, both land and property businesses will not experience downfalls, as each sector handled by real estate investment trust is a good career choice. What are you waiting for? Invest and climb your way to financial success and independence.
Real Estate Investment Trusts Job Functions
Real estate investment trusts have a wide range of job functions that reach back offices, operation roles, dealing with customers, and many more. Each of these departments is available in REITs.
When you sum it up, REITs are simple, they raise money from investors to establish or purchase properties, and in return, they will maximize the cash flow for investors.
10 Best Paying Jobs In Real Estate Investment Trusts
The following jobs in REIT are just some of the highest-paid jobs in real estate investment trusts and do not include ALL possible jobs within the industry.
1. REIT Analyst
- Requirements: Bachelor’s degree in economics, finance, real estate, or related field
- Salary: $80,000 to $92,000 per year
REIT analysts work under the finance department. They’re responsible for researching, analyzing, and monitoring real estate market trends.
They also produce reports and help companies make informed property acquisition decisions, and use tools to continuously assess existing assets and acquisitions of the company.
2. Property Developer
Requirements: A master’s degree in real estate or an MBA with a real estate concentration, or a bachelor’s degree in management, business or engineering with comprehensive real estate background.
- Salary: $85,000 to $94,000
- Property developers have a crucial role in any commercial real estate project.
They are responsible for managing contractors from start to finish and collaborating with the planning and inspecting with all subcontractors involved in the project.
3. Real Estate Property Appraiser
Requirements: A Bachelor’s degree from an accredited college or university in any field of study is also required.
- Salary: $60,000 to $80,000
- As an appraiser in the real estate sector, you have to calculate the market values of assets.
Depending on the REIT the real estate property appraiser is employed with, a background in the medical field, hospitality, warehousing, and other industries could be necessary.
4. Property Manager
- Requirements: high school diploma or a GED with extensive real estate experience, or a bachelor’s degree in real estate, business administration, public administration, accounting or finance.
- Salary: $80,000 to $124,000
One of the best paying jobs in real estate investment trusts, becoming a property manager for REITs means overseeing the daily operations of REIT-owned properties and assets.
Depending on how big the REIT is, a property manager may handle just one asset, or oversee an entire portfolio with numerous properties.
The REIT property manager job involves everything from collecting rent, enforcing lease paperwork, ensuring property maintenance, dealing with evictions and security, and a whole lot more.
5. Real Estate Investor
- Requirements: A bachelor’s degree in finance, economics, business administration, computer science, statistics, mathematics, or a similar field.
- Salary: $124,000 to $150,000
Real estate investors are the go-to person who does the actual purchasing of assets.
They weigh the pros and cons of whether a particular property is worthy of development or not. Real estate investors also decide if an asset is ready for resale and dictate pricing based on existing market values and other factors.
Some investors work for REITs, while those with their own funding work for their own portfolios instead.
6. Investment Analysts
- Requirements: A bachelor’s degree in real estate, accounting, business management, finance, statistics, or a related field.
- Salary: $100,000 to $120,000
Investment analysts work in the finance department of REITs and work with financial analysts in maximizing property and asset acquisitions into income-generating real estate assets.
They weigh financial factors, conduct a cost-benefit analysis and prepare market reports to help in deciding if an asset is prime for development, improvement, leasing or resale.
7. Foreclosure Specialists
- Requirements: Associate degree in legal studies, finance, or a real estate-related subject
- Salary: $65,000 to $90,000
Foreclosure specialists are experts in the process of foreclosure. Either they lead a team in all the foreclosure stages or they are responsible for acquiring or selling foreclosed properties.
Sometimes, these specialists may also be assigned to help clients in avoiding foreclosure, find potential buyers for a foreclosed property, or assist in loan modifications for both buyer or seller sides.
8. Real Estate Attorney
- Requirements: A bachelor’s and Juris Doctor degree, plus a license to practice in your state.
- Salary: $119,000 to $125,000
This kind of attorney is one of the best paying jobs in real estate investment trusts.
As a real estate attorney for REITs, you handle million-dollar property ownership, transfers, foreclosure, and a plethora of paperwork that involves documentation, title issuance, transfers, and other real estate legal issues.
REIT attorneys serve as the mediator between the company, buyers, and sellers with the goal of coming up with the most lucrative ending for all parties.
9. Asset Manager
- Requirements: A bachelor’s degree in finance, accounting, real estate, business management, or a similar field
- Salary: $84,000 to $124,000
Jobs in REIT asset management deal with the financial and operational performance of all properties and assets of the REIT.
As an asset manager, you’ll be collaborating with other department heads such as accounting, finance, acquisitions, and real estate development.
Many REIT asset managers begin in the industry as a member of the acquisitions department or property management associates until they get promoted to this leadership role.
10. Real Estate Acquirer
- Requirements: Bachelor’s degree in economics, finance, capital markets, real estate, or related field
- Salary: $120,000 to $200,000
REITs trust your judgment as a real estate acquirer that you source new investment opportunities and decide which of them have the most potential.
As such, this position is rightfully one of the best paying jobs in real estate investment trusts.
Conclusion
The Real Estate Investment Trusts have some of the best paying jobs available, and if you’re wondering what are the best paying jobs in real estate investment trusts? With this list of the 10 Best Paying Jobs In Real Estate Investment Trusts, you should be able to make a choice.