REIT Jobs – See the 30 best paying jobs in real estate investment trusts, their qualifications, job descriptions and salary.
How many jobs are available in real estate investment trusts?
Real estate investment trust (REIT) is the business of owning, managing, and generating income from commercial properties like offices, hospitals, flats, hotels, etc. It is an extremely lucrative business, and many professionals have tapped into the gold mine that is REIT.
30 Best Paying Jobs in Real Estate Investment Trusts
If you’re also interested in the REIT sector, here are 30 best paying jobs you can go for.
1. Real estate asset manager
A real estate asset manager evaluates real estate portfolios, assesses them and locates growth prospects. They can work in big companies to help increase the value of the company’s assets, or they can advise property owners on how to improve cash flow and provide guidance on when to make changes to their real estate.
Requirements: A bachelor’s degree in public administration, business administration accounting, finance or public administration. A High school diploma or GED with an extensive experience in real estate will also be sufficient.
Salary: $80,000 to $124,000/year
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2. Real estate property appraiser
Their role is to evaluate the value of residential and commercial properties using the present market trends and patterns as their foundation. They also keep up-to-date with property records and are able to give testimony in court about property–related matters.
Requirements: A bachelor’s degree in related fields.
Salary: $60,000 to $80,000/year
3. Real estate accountant
They gather, manage and report financial information of the company they are working for, and ensure that the business is in a sound financial position. highest paying real estate investment jobs
Requirements: a bachelor’s degree in accounting or a related field.
Salary: $75,000 to $125,000/year
4. Acquisition Specialist
They examine potential investments after conducting research on the market and produce a thorough report on their findings.
Requirements: a bachelor’s degree in a related field, such as finance, accounting or business administration.
Average annual salary: $66,000
5. Real estate attorney jobs
Real estate attorneys strive to resolve a variety of disagreements around property ownership and transactions. They serve as mediators in all legal disputes involving real estate properties, provide legal advice to both purchasers and sellers of real estate properties, and ensure that both parties adhere to the required legal framework for the transactions.
Average annual salary: $156,000
6. Real estate investors
They purchase real estate, monitor the market, watch their investment increase, and then sell the investments at a profit when it increases in price.
Requirements: You may need a bachelor’s degree in finance, computer science, economics, business administration, statistics, and mathematics.
Salary: $70,000 to $124,000/year
7. Real estate brokers
These professionals are different from real estate agents, in that they possess a license and have succeeded in the required qualification test. They are skilled in negotiating properties.
Average annual salary: $120,000
8. REIT analyst
They are part of the department of finance and are responsible for research analysis, monitoring, and analyzing developments in the real estate market. They also prepare reports which will help companies in making decisions about property acquisitions.
They utilize tools to constantly evaluate current assets and acquisitions made by the business.
Requirements: Bachelor’s degree in finance, economics or in any real estate–related field.
Average annual salary: $80,000 to $92,000
9. Property developer
They play an essential role in real estate projects, by managing contractors and overseeing the construction.
Requirements: a master’s diploma in real estate, or an MBA with an emphasis on real estate. A bachelor’s level degree in business, management or engineering, with experience in real estate, will also be sufficient.
Salary: $85,000 to $94,000/year
10. REIT Tax Specialist
These professionals possess a thorough understanding of the laws governing real estate taxes. They are able to advise portfolio managers with regard to ways they can cut down on taxes when buying deals.
Requirements: CPA, a bachelor’s degree, MBA and tax certificates.
Salary: $75,000 to $125,000/year
11. Investment Analyst
Together with financial analysts, investment analysts maximize the acquisition of assets and properties that can generate income. They evaluate financial aspects and write market reports, as well as conduct a cost-benefit study to assist in determining if the asset is suitable to be improved, leased out or sold.
Qualification: A bachelor’s degree in accounting, real estate business management, finance statistics, statistics, or any other related field.
Salary: $100,000 to $120,000/year
12. Foreclosure Specialist
Being specialists in how foreclosure works, foreclosure specialists lead teams through all stages of foreclosure, are accountable for purchasing or selling foreclosed homes, assist clients to avoid foreclosure, identify potential buyers for properties that are foreclosed or assist with modification of loan terms for either the seller or buyer.
Requirements: A bachelor’s qualification in law or finance, or a field related to real estate.
Salary: $65,000 to $90,000/year
13. Investor Relations manager
They handle the entire investor relations department and ensure that information is relayed accurately to their investors.
Requirements: Bachelor’s Degree in marketing, communications or accounting, law or business management, or any related field.
Salary: $86,000 to $115,000/year
14. Architect
These professionals use their high-level drawing skills and construction knowledge to create designs for new construction projects, alterations and redevelopment. A bachelor’s degree in architecture is required to become an architect.
Average annual salary: $100,000
15. Compliance officer
Compliance officers are responsible for ensuring that the real estate organization they are working for adheres to state and local real estate licensing rules/regulations, and ensure that the organization avoids making decisions that will result in legal ramifications.
Average annual salary: $88,000
16. Project Manager, Operations & Development
These professionals recommend new project development by analyzing reports and financial information. They are also responsible for getting investor approvals, planning budgets and timelines, and ensuring compliance with regulations.
A bachelor’s degree and three to five years of experience, as well as extensive knowledge of commercial real estate and legal issues, are needed for this role.
Average annual salary: $174,000.
17. Investor relations
These professionals typically have many responsibilities but their primary role is to communicate with stockholders and other stakeholders.
Average annual salary: $62,000
18. Construction supervisor
A construction supervisor in REIT is responsible for managing and supervising staff involved in real estate construction work.
Requirements: a high school certificate may be sufficient if the candidate has prior experience in leadership roles, but some employers may prefer candidates with a bachelor’s degree or better.
Average annual salary: $62,000
19. Maintenance supervisor
These professionals are responsible for coordinating all the installations, maintenance, and repair work needed at a real estate asset. They periodically inspect the facilities they are in charge of to determine any faults and necessary maintenance. They also recruit, supervise, train and allocate work to maintenance technicians.
Requirements: A bachelor’s degree may be required, and at least 2 years of experience as a maintenance supervisor.
Average annual salary: $67,000
20. Production supervisor
They supervise production operations and ensure the delivery of maximum quality. They are responsible for the oversight and execution of day-to-day production activities, and manage and train the staff involved.
Requirements: a bachelor’s degree is preferred, and at least 3 years of relevant professional experience.
Average annual salary: $74,000
21. Real estate developer
Reals estate developers acquire land, develop the property from scratch, and then sell it for a profit.
Requirements: a bachelor’s degree in management, business or even engineering, or any other related field.
Average annual salary: $81,000
22. Acquisition Specialist
Acquisition specialists are experts in searching for real estate deals that are compatible with the strategy of investment of the company they are working for and presenting them to asset managers and portfolio managers for evaluation.
Requirements: a bachelor’s degree in business.
Salary: $110,000 to $175,000/year
23. Property Manager
Property managers oversee all the activities of REIT-owned properties and assets. They have various different responsibilities which could include collecting rent, enforcement of lease papers, the property’s maintenance, addressing security, evictions and many more.
Salary: $80,000 to $124,000/year
24. Real estate photographer
Real estate photographers are artistic professionals who take favorable photos of real estate properties. These photos can be used by realtors to market properties online. Real estate photographers may work with realtors, model home builders, designers, home decorators or architects.
Average annual salary: $60,000
25. Portfolio managers
They are lower than asset managers in the hierarchy but perform similar functions as them. They receive the book of business for the real estate industry they are working for and communicate directly with the individuals in charge of the day-to-day management of the properties.
Requirements: a bachelor’s degree in investment analysis is preferred, but not required in all cases, and 5-10 years of experience in real estate management.
Salary: $125,000 to $225,000/year
26. Real estate acquirer
They judge real estate and seek out investments that are the most promising and have the greatest potential.
Requirements: A bachelor’s degree in finance, real estate, economics, capital markets or any related fields.
Salary: $120,000 to $200,000/year
27. Real estate agent
Real estate agents assist individuals with the purchase or selling of real estate assets.
Requirements: a bachelor’s degree is not required, but a state-specific licensing process is compulsory.
Average annual salary: $106,000
28. Leasing Consultant
Leasing consultants assist their clients in selecting properties that are most suitable for their budgets and interests.
Requirements: A Bachelor’s Degree in business, psychology, real estate, communications, or any related field.
Salary: $96,000 to $147,000/year
29. Real estate marketer
Real estate marketers are responsible for marketing their client’s properties. They promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Average annual salary: $71,000
30. Real estate administrator
Real estate administrators are responsible for overseeing the daily operations of real estate offices. They ensure that every property lives up to expectations by interacting with tenants, and property managers. They mostly perform clerical work and keep track of important documents for real estate agents and property managers. This is an entry-level job, so no qualification or experience is needed in most cases.
Average annual salary: $55,000