There are many benefits to working in real estate investment trusts. For one, they offer the opportunity to make a lot of money. In fact, some of the highest paying jobs in REITs are those that require a high degree of responsibility and expertise.
Investing in real estate is a lucrative opportunity for those who have the funds. Real estate investment trusts (REITs) are a good way to invest in real estate without the hassle of owning and managing properties.
Investing in REITs has its benefits, but it also has its risks. Investors should understand that not all REITs are created equally, and some may be better investments than others.
Different types of REITs have different strategies for investing in properties, which means they will have different performance levels. Investors should take this into consideration when choosing what type of REIT to invest in.
15 Best Paying Jobs in Real Estate Investment Trusts
The real estate investment trust (REIT) industry is booming, and that means there are many jobs in this field. Here’s what you need to know about the best paying ones:
1. Mortgage Loan Officer – Median Annual Salary: $65,230
Mortgage loan officers are responsible for the origination of mortgage loans and the management of mortgage lending operations. Mortgage loan officers must have a strong knowledge of federal and state laws and regulations governing mortgage lending. Most states require mortgage loan officers to be licensed. Mortgage loan officers should have at least a bachelor’s degree in real estate, finance, accounting or business.
2. Property Manager – Median Annual Salary: $58,590
Property managers are responsible for the day-to-day operations of an apartment building or commercial property. They are responsible for the maintenance of the property, including repairs and maintenance, as well as overseeing marketing and leasing efforts. Property managers typically work with a team that includes on-site employees such as a cleaning crew, groundskeepers, handymen and security guards.
3. Chief Operating Officer – Median Annual Salary: $88,580
Chief Operating Officer (COO)
The COO is responsible for overseeing all operations of the company, including managing its day-to-day operations. They are also responsible for managing the company’s human resources, finances and technology. A COO must have excellent leadership skills to ensure that employees are motivated to do their best at all times.
The responsibilities of a Chief Operating Officer include:
- Managing day-to-day operations – This includes coordinating with different departments to ensure that everything runs smoothly from business development to customer service
- Managing facilities – The property manager is in charge of all real estate owned by his/her employer including offices where employees work as well as locations where clients visit them sometimes known as office buildings or offices
- Managing human resources – This job entails recruiting new talent into an organization while retaining existing staff through training programs designed specifically towards helping them reach their potential
4. Real Estate Broker – Median Annual Salary: $51,140
Real Estate Broker – Median Annual Salary: $51,140
Real estate brokers are responsible for marketing properties, negotiating sales and leases, and collecting payments on behalf of their clients. The median annual salary for real estate brokers was $51,140 in May 2010, according to the BLS. There are many different jobs available in real estate investment trusts. You can work as an accountant or financial analyst, or as a leasing agent, office manager, vice president of operations and more.
5. Construction Manager – Median Annual Salary: $93,370
Every year, CareerCast releases a report that ranks 200 jobs based on factors like income, stress level and hiring outlook. The median annual salary for construction managers is $93,370. This number is based on a survey of salaries of construction managers in the US.
A construction manager is responsible for overseeing all phases of construction projects from start to finish. He or she must ensure that contracts are met and budgets are adhered to while keeping an eye out for potential snags or delays before they become problems. Construction managers can work in many different areas such as residential housing development or commercial office space development.
6. Executive Assistant to VP of Operations – Median Annual Salary: $41,990
An executive assistant to a VP of Operations is a real estate investment trust (REIT) job that requires a high level of education and skill.
In this role, you’ll provide administrative support for a Vice President of Operations. You’ll work with the executive team on strategic planning, financial reports and budgets, as well as other tasks related to operations management.
The position requires at least an associate degree in business administration or a related field; experience in an office setting is also required. This job comes with an average salary range between $37k-$50k depending on experience;
|However, there are additional benefits such as health insurance coverage offered through your employer’s health plan membership program – great news considering that health care costs have been increasing over the past decade due to inflationary pressures caused by rising demand!
7. Office Manager – Median Annual Salary: $40,830
Office managers are typically responsible for managing the day-to-day operations of a company. The office manager typically manages a team of employees, and is responsible for maintaining a safe and clean work environment. Additionally, an office manager may be responsible for ensuring that the company’s financial goals are met.
8. Real Estate Attorney – Median Annual Salary: $114,970
A real estate attorney is a lawyer who helps clients buy and sell real estate, as well as handle legal issues related to real estate. Real estate attorneys may also help clients with legal issues related to new construction, leasing agreements and other facets of the industry.
The median annual salary for a real estate attorney was $114,970 in May 2017 according to the Bureau of Labor Statistics (BLS).
You’ll need at least a bachelor’s degree from an accredited college or university; some employers require a law degree. You’ll need excellent research skills and legal knowledge base equal to that of any other attorney working in the field.
9. Financial Analyst – Median Annual Salary: $85,660
Financial analysts are responsible for analyzing financial data and making recommendations to help companies make decisions. They may work in a variety of industries, such as banking, insurance and real estate investment trusts (REITs).
Financial analysts must have a bachelor’s degree in finance or business administration. In addition, many employers prefer candidates with an MBA or advanced degree. Candidates interested in becoming financial analysts should look for positions with banks and other financial institutions that offer training programs.
Financial analysts typically work in an office environment. Many firms require them to have access to computer systems that allow them to perform their job duties remotely via the Internet if necessary; however, those who work directly with clients may need access only during regular business hours at their offices’ physical locations
10. Accountant – Median Annual Salary: $70,500
What is an accountant?
An accountant handles the financial and administrative aspects of a company or organization. They’re responsible for ensuring that the company is complying with regulations, filing taxes correctly, and paying bills on time. There are many different types of accountants, but all have extensive training in math and accounting principles. Accountants also have an eye for detail which helps them spot mistakes quickly.
How do you become an accountant?
You can get your start in this field by earning a degree from an accredited college or university program that focuses on accounting careers. You can choose between two main areas: public accounting (working at companies) or private accounting (working in a corporate office).
The minimum education requirement is usually a bachelor’s degree in accounting or business administration with at least 150 credit hours of coursework required at most institutions across the country – though some states may require more than 150 hours if they provide licensing exams specific to those jurisdictions only!
11. Vice President of Operations – Median Annual Salary: $$113,160
The median annual salary for Vice President of Operations is $113,160. The average annual salary is $125,000. Salaries can vary depending on experience and what industry you work in.
Salary also depends on location – if you look at the salaries of workers who are employed in New York City, they make much more than those who work in other cities (for example San Francisco).
12. Leasing Agent – Median Annual Salary: $51,490
Leasing agents are in charge of finding tenants for commercial real estate. They search through listings, speak with potential tenants and landlords, and negotiate contracts on behalf of property owners. The median annual salary for leasing agents is $51,490 as of May 2019.
Some companies require an associate degree; others prefer to hire people with no formal education but excellent communication skills. Leasing agents typically need to be available during normal business hours but may work evenings or weekends based on their schedule.
13. Sales Associate -Median Annual Salary :$36,210
A sales associate is a job title that can be used for a variety of jobs in the real estate industry. Sales associates are involved with marketing and selling real estate, and they usually work at brokerages or companies that specialize in selling properties.
The duties of a sales associate vary depending on the type of company or brokerage where they’re employed, but these roles typically involve helping clients find homes to purchase, showing those homes to potential buyers, negotiating offers on behalf of buyers and sellers, completing paperwork related to transactions (including mortgages), and maintaining communication with colleagues throughout the process.
Sales associate jobs are available in many areas of the real estate industry: commercial sales associates sell commercial properties such as office buildings; industrial sales associates work with industrial properties such as warehouses; residential mortgage loan originators provide financing options for homebuyers;
land use planners help clients purchase land for development purposes; property managers oversee rental properties on behalf of landlords; property inspectors check for defects before purchasing houses; property appraisers estimate values based on past transactions within given markets; relocation consultants advise people who wish to move from one city or state into another location.*
Many jobs in real estate require education or training in business management skills.
Many jobs in real estate require education or training in business management skills. Some of these are:
- Bachelor’s degree in business management
- Master’s degree in business management
- Real estate certificate or associate’s degree or diploma in real estate. The program may be offered by a vocational school, community college, four-year university and some for-profit schools.
Conclusion
If you want to join the ranks of successful real estate investors, it’s important to consider all of your options. This list is just one way to get started on your path toward success in this field. If you have any questions about what it takes or how much money can be made from each kind of job, don’t hesitate to contact us!
We’d love nothing more than to help guide you through the process and get you started on your career path today!