It might be the fact that you would like to work for a real estate investment trust because you are passionate about pursuing a profession in the department of real estate. In this article, we have provided you with the best-paying jobs in real estate investment trusts (REIT) that should provoke your interest.
It is possible to get employed in several posts in this particular field mentioned here to maximize your profits. Let us find out more about this particular topic in the subsequent paragraphs.
12 Best Paying Jobs in Real Estate Investment Trusts (REIT)
There are a lot of job profiles available in Real Estate Investment Trusts (REIT) however, we have handpicked the best 12 high-paying jobs in this sector which you would love to work as.
- Vice President of Asset Management:
In case you want to optimize the financial performance of any portfolio, then the Vice President of Asset Management can perform this job effectively. As a matter of fact, it is imperative to supervise the portfolio work within the real estate investment trusts when one becomes the vice president of asset management. Besides this, he will also monitor the tasks of ensuring returns, marketing, as well as finding investors.
It is imperative for any person to have an experience of at least 10 years in this industry to become the asset management vice president. There is no doubt that this particular job will provide you with a considerable amount of money without fail. It will be possible for one person to get as much as $260,000 approximately while holding this post.
- Chief Financial Officer
Any individual holding the post of chief financial officer will have to monitor the flow of cash plus identify the weaknesses and strengths as well. He will be accountable for supervising the financial operations and financial performance of the company in the best possible way.
In accordance with the most recent reports, it is possible for a chief financial officer to get approximately $421,000 every year. The chief financial officer will create accurate predictions and also suggest corrective action plans which will help the company to decide whether it is imperative to minimize spending or make more investments.
- Real Estate Attorney
The primary role of this post will be to take care of everything such as fixing any anomalies that might happen or handling name searches on real estate properties. It is a fact that the primary responsibility of a real estate attorney will be to supervise the legal side of the property transaction.
The minimum qualification required to perform this task will be a bachelor’s degree. The wages for a real estate attorney will be approximately $155,000 per year. Besides all these responsibilities, they also need to verify the legal papers related to sales and purchases of real estate.
- Mortgage Loan Officer
An important role is performed by a person holding this post since they assist the customers to obtain the best deal. A mortgage loan officer is usually hired by an autonomous lender or a financial institution. They have to assist the customers in obtaining the best mortgage and loan type.
The minimum requirement for this type of job will be to have a qualification such as a high school diploma. However, it will be better to have a bachelor’s degree in finance, business, or accounting. Lastly, we like to mention that an active mortgage loan originator license will be required by the person holding this post as well. Right now, a mortgage loan officer will receive approximately $220,000 per year on average in the US.
- Investor Relations
It is the job of an investor relations manager to work with shareholders and investors for making certain that the best possible return is obtained on all of their investments. It is a fact that in the real estate world, every single investor would like to have the best possible return on the cash invested by them in the project. It is essential for any person to have fantastic skills of communication while doing this kind of job.
Being among the most lucrative jobs in REIT, an investor relations manager is going to earn as much as $140,000 on average every year in the US. While performing this job, it is important to be able to evaluate properly what is beneficial to them so that the customers obtain the best possible returns.
- REIT Analyst
In case one is working in the role of a REIT Analyst, he must have fantastic skills of communication before anything else. The primary duty of a REIT analyst will be to solicit investors for any particular project. You must likewise help the company to adapt properly by evaluating developments in the real estate market.
A REIT analyst must be searching for lucrative investing opportunities out there. For this, they need to comprehend the field of real estate in the best possible way. Remaining updated with the contemporary trends in the industry is also another essential duty of a REIT analyst. On average, they will receive approximately $109,000 every year for doing this particular job.
- Real Estate Agent
It is essential for a real estate agent to perform different types of activities such as helping customers find their abode that they were always dreaming of. In a nutshell, they play an important role when it comes to purchasing and selling properties. These agents also help individuals to sell the property flawlessly while organizing assessments and inspections plus drafting contracts as well.
Simply speaking, these professionals will allow anyone to comprehend the department of real estate which happens to be complicated in the long run. They are able to understand the local real estate market flawlessly by knowing the present market trends. Here, we like to mention that at present the salary of these professionals mentioned here will be approximately $105,000 every year on average in the US.
Real Estate Investment Trusts (REITs) revolutionize investment by allowing individuals to access the lucrative real estate market without the burdens of property management. REITs are publicly traded companies that own, operate, or finance income-generating real estate across various sectors. Investors can buy shares in these trusts, enjoying dividends and potential capital appreciation. REITs offer diversification, liquidity, and attractive yields, making them an appealing choice for those seeking passive income and exposure to the real estate market. With diverse options, from residential to commercial properties, REITs democratize real estate investment, enabling individuals to participate in the property market’s growth and stability.
- Real Estate Developer
A real estate developer has the accountability of studying global trends, figuring out strategies in a flawless manner, and evaluating the expectations of the consumers as well. As a result, we can rightly assert that the job of a real estate developer is quite complicated at present. They will also add the pricing structure, design, and functionality to the property flawlessly.
One has to have a degree in Management, Engineering, or any other related field to get enrolled in the profession of a real estate developer.
His main purpose will be to narrow the gap between the demands of the investor and the construction capacity. It is imperative for the developer to be innovative in his approach. He must have the power of planning, visualizing, and organize projects to fit in this particular role. Any successful real estate developer will enjoy a salary of around $110,000 every year in the US.
- Financial manager
It is important to have a bachelor’s degree in finance in order to become a financial manager. On most occasions, they are responsible for multiple projects and will report to the chief finance officer directly.
Moreover, they will also work hand-in-hand with the property developers for making sure that they do not exceed the budget when it comes to contractors and materials. The majority of the roles will be done behind the desk such as creating budgets, reporting on projects, and forecasting.
- Real Estate Broker
It is one of the highest-paying jobs in the real estate investment trust sector these days. The majority of individuals are acquainted with real estate brokers who are competent at negotiating real estate properties. Every successful broker has already passed the required qualification test and they also have got a valid license.
It is important to bear in mind that there is plenty of difference between the working of an agent and that of a broker. Having specialized knowledge, these real estate brokers have been provided with certificates allowing them to work along with the agents or independently too. Having a lucrative six-figure salary, these brokers will surely get what they are really worth.
- Senior Director
The primary responsibility of the senior director will be to add value to the real estate property, manage finances as well as busy real estate assets, and also implement various strategies for procuring higher income.
Unlike a director, they are going to hold a managerial position supervising a significant portion of the business. The salary of the senior director can be somewhere between $30,000 and $120,000 which will depend on his qualifications and experience.
- Relations Consultant
There is no doubt that the job of a relations consultant happens to be one of the most promising jobs in the REIT sector right now. The most notable thing is that one can get high wages while holding this position mentioned here.
The primary responsibilities of these consultants will be to prepare investment reports, emphasize the connection with stockholders, plus set up teams for workshops and meetings. They also need to communicate with investors and search for prospective projects to take on.
Conclusion
There is no doubt that the real estate industry is developing rapidly and we all expect it to progress further in the future. In this article, we have mentioned the best-paying jobs in the REIT sector that will help to kickstart your career in the best possible way.
All these jobs require you to be qualified, and therefore, you must start to prepare for getting these qualifications in case you want to become one of the highest-earning professionals in the real estate sector.
Check out other highest-paying job opportunities in the world:
Frequently Asked Questions:
What real estate position pays the most in the US?
Real estate offers a wide range of career options with varying salaries, ranging from entry-level positions to executive-level roles with high salaries. According to search results, some of the highest-paying real estate positions in the US are Real estate manager, Property manager, Real estate associate and home inspector, etc.
Can you make good money with REITs?
Yes, you can make good money with REITs (Real Estate Investment Trusts). Since REITs are required by the IRS (Internal Revenue Service) to pay out 90% of their taxable income to shareholders.
Is REIT dividends higher?
REIT dividends are often much higher than the average stock on the S&P 500. These high-yield dividends can be compounded, which is one of the best ways to receive passive income from REITs. You must try it in the US!
