In this article, we will discuss the 15 best paying jobs in real estate investment trusts. We’ll tell you what skills and knowledge you need to have for each position, and what the responsibilities and salaries are for each occupation.
So whether you’re just starting in your career or you’re looking for a new challenge, read on to find out more about these exciting opportunities!
15 High-Paying Jobs in Real Estate Investment Trusts
Asset Managers
Average base salary: $79,886 per year
Asset managers are responsible for the overall performance of a real estate investment trust portfolio. They ensure that the trust meets its goals and objectives and develop strategies to maximize returns.
To become an asset manager, you must have a bachelor’s degree in business, finance, or economics. You must also have strong analytical skills and quick problem-solving skills.
REIT Portfolio Manager
Average base salary: $153,015 per year
These professionals are responsible for controlling clients’ real estate investments and optimizing them. They develop and implement strategies to maximize returns, minimize risk, and achieve the trust’s investment objectives.
This profession requires good analytical skills and enduring knowledge of the market, it is also important to have good soft skills.
Property Developer
Average base salary: $93,700 per year
A real estate developer builds and renovates buildings, and then rents or sells them to customers. They can oversee construction from the ground up or join in at a particular stage.
Developers should be well versed in architecture, engineering, or construction management. They must also have strong project management skills and be able to handle a large volume of work under tight deadlines.
Real Estate Attorney
Average base salary: $106,451 per year
A real estate attorney provides legal services to clients in the real estate industry. They advise clients on matters such as property development, zoning laws, and contract negotiation.
To become a real estate attorney, you must have a Juris Doctor degree from an accredited law school. You must also be licensed to practice law in your state.
Acquisition Specialist
Average base salary: $98,022 per year
An acquisition specialist is responsible for the purchase of real estate properties on behalf of a real estate investment trust. They conduct due diligence, negotiate contracts, and manage the closing process.
To become an acquisition specialist, you should have strong analytical and quick problem-solving skills, and, in addition, be able to negotiate competently.
Real Estate Agent
Average base salary: $95,147 per year
A real estate agent helps clients buy, sell, or rent properties. They work with buyers and sellers to negotiate prices and help them navigate the real estate transaction process.
To become a real estate agent, you must have a high school diploma or equivalent. You must also be licensed by your state to practice real estate. Of course, since they are communicating with people, it is important to be able to negotiate and like people.
Real Estate Investment Trust Analyst
Average base salary: $116,680 per year
A Real estate investment trust analyst needs to have good analytical data because these people make predictions for the future, based on the data that already exists. It is their responsibility to prepare insurance for different properties.
To be an analyst, you must have a bachelor’s degree in business, finance or economics. You should also have strong analytical skills and be able to quickly solve problems.
REIT Accountant
Average base salary: $85,113 per year
Real estate investment trusts need accountants to manage the financial statements and tax returns. They also work with auditors to ensure that the trust complies with financial regulations.
For this position, you must have a bachelor’s degree in accounting or a related field. You should also be licensed as a Certified Public Accountant.
REIT Tax Specialist
Average base salary: $86,925 per year
A REIT tax specialist is responsible for preparing and filing the trust’s tax returns. They work with accountants and auditors to ensure that the trust complies with tax laws.
To become a REIT tax specialist, you must have a bachelor’s degree in accounting or a related field. You should also be familiar with the tax laws.
Real Estate Property Appraisers
Average base salary: $64,260 per year
A real estate appraiser estimates the value of a property. They use their knowledge of the market, local area, and property condition to come up with an estimate.
You must have a high school diploma, complete an accredited training program and pass an examination, and, as mentioned above, it is necessary to have a good knowledge of the market and analytical skills.
Leasing Consultant
Average base salary: $50,521 per year
Leasing consultants work with property managers to lease apartments or commercial space. They show properties to potential tenants and help them fill out lease applications.
For this occupation, you must have a high school diploma or equivalent. You should also have strong customer service skills and be able to handle a large volume of work under tight deadlines.
Investor Relations
Average base salary: $107,700 per year
An investor relations specialist is responsible for communicating with the trust’s investors. They provide information about the trust’s financial performance and answer questions about the trust.
A bachelor’s degree in business, finance, or economics is necessary. You should also have strong communication and interpersonal skills.
Real Estate Broker
Average base salary: $78,740 per year
A real estate broker helps clients buy, sell, or rent properties. They work with buyers and sellers to negotiate prices and help them navigate the real estate transaction process.
In addition to proper education, you must also have a license from your state to practice real estate, have analytical data, and know the market. Of course, since they are communicating with people, it is important to be able to like and negotiate with them.
Property Manager
Average base salary: $52,937 per year
A property manager is responsible for the day-to-day operations of a property. They oversee the maintenance of the property and handle tenant concerns.
To become a property manager, you must have a high school diploma or equivalent. You should also have experience in customer service and be able to handle a large volume of work under tight deadlines.
Sales and Marketing
Average base salary: $58,158 per year
The sales and marketing team is responsible for generating leads and converting them into sales. They work with the property management team to develop marketing campaigns and create promotional materials.
Of course, you have to know economics and mathematics. In addition to education, you need to be able to engage people and communicate.
What is Real Estate Investment Trust Industry?
Real estate investment trusts are companies that deal with income-producing real estate. They own, manage and operate everything from office buildings and shopping centers to apartments.
Some real estate investment trusts often specialize in a certain type of real estates, such as medical facilities or self-service warehouses.
Is Real Estate Investment Trust a Good Career Choice?
Real estate investment trusts are an excellent career choice for many reasons.
The first reason is that the field is always growing and changing, so there are always new opportunities.
The second reason is that real estate investment trusts offer a lot of upward mobility. If you start in an entry-level position, there’s a good chance you’ll be able to climb the career ladder quickly and make a lot of money.