Guidelines are the salient part of our studies. Whenever we don’t understand any queries, we seek help from a guide. Remember those boring lectures of mathematics, one can’t possibly help it when those monotonous waves of math lectures hit so bad that even a cup of coffee can’t help, and in the end, we are screwed because math tests were catching up! Guides always have our back. But what if we get stuck in a professional career seeking a guide to find the best paying jobs, well here is our guide.
If you want to know about best paying jobs in real estate investment trusts and how many jobs are available in real estate investment trusts, you are at the right place. Business Journal Hub would help you analyze best paying jobs in REIT along side their scope in 2025.
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Best Paying Jobs in Real Estate Investment Trusts
When it comes to real estate investment trusts people mistakenly believe it is investment specific work but there are various lucrative employment opportunities behind the REITs establishment. Considering the misconception, the question is, how many jobs are available in real estate investment trusts (REITs) and which ones are the highest paying among them to redirect your career.
This guide will tell you the best paying jobs in real estate investment trusts. The guidelines for jobs are given below:
1- Real Estate Broker
Broker is a legitimate and licensed job. A broker is a link between buyer and seller who arranges property affairs and sometimes accommodates or guides other sales agents. The following are some duties of a Broker:
- Brokers represent the sellers and help them sell their properties with the current market trends.
- Negotiate the price according to the demands of the seller and buyer.
- Adjudicate contract accordingly
- also assists the purchaser to view and inspect the location and convince them to purchase the property.
Real estate broker earns the income through annual revenue by the agency he/she is representing and also through the commission in the sales of property. The average income of real estate broker is up to $79,263 U.S dollars. Brokery the best paying job in real estate investment trusts because the commission is not fixed, it depends on the size of property so the bigger the property and sales the better the commission.
2- Property Manager
A property manager is a person who manages and operates the property on behalf of the owner. A property manager is oversight of real estate, whether the property is residential, commercial, industrial land, or any other kind of property, by a third party. The following are some duties of a property manager:
- Property supervises the property agents and oversees their daily tasks.
- They are also responsible for the management of property and provide maintenance and repair on the demand of customers.
- Another duty of the property manager is to collect the rent, make portfolios for the property, and look after the client’s complaints.
The property manager earns through the fixed salary of the company he/she is working in and also through the commission or percentage in rent or sales by owner. The average salary of property manager is up to $61,581 U.S dollars.
3- REIT Analyst
Being the analyst of real estate investment trusts is the crucial job of REIT. Analysts investigate, inspect, and analyze the opportunities for the property to attract clients and convince them to invest in it. as duties of a property analyst include:
- They should have to have communication and convincing skills.
- They should know market trends and know how to inspect them to help the agency acculturate accordingly.
Property agent is not just someone who work for agency, but the major break-through for any investment trusts. The reason why being property agent is one of the best paying jobs in real estate investment trusts is, the duty they shoulder. The salary of a property agent is up to $70,668 to $109,784 dollars, making it one of the best paying jobs.
4- Chief Executive Officer (CEO)
CEO is the highest-paying job in real estate investment trusts. For any company or agency, the CEO is the ultimate building block of the company. Concerning RIET, the job of the CEO is:
- To direct the trust and make all the necessary decisions.
- To look every week and month report about all investments and further profits and losses.
- To collaborate and cooperate with the investors and board of directors to strategize the necessary framework for the property’s investments, purchases, and looking for new properties.
- Every decision in an agency is approved by the CEO.
The salary of chief executive officer is counted as per hour. The approx. salary of CEO is $779,357 dollars which is $375 dollars per hour.
5- Real Estate Attorneys
As the name suggests, real estate attorneys look after every legal matter and real estate investment trust legitimacy. The duties of an attorney in an investment trust include:
- To administrate and govern all legal matters regarding transactions, property ownership contracts, owner-buyer contracts, investment contracts, etc.
- To give legal advice at the time of need like when there is a problem regarding the contracts.
- To read and examine all the clauses of signing contracts carefully and warn in case of any loops and faults.
The attorney can work as both the lawyer in firm as well as the legal adviser or attorney for any agency. We have an answer for the question that, how many jobs are available in real estate investment trusts that are included in best paying jobs in real estate investment trusts, well the average annual pay of real estate attorney is up to $140,845 dollars which is $67.71 per hour.
6- Chief Financial Officer (CFO)
Another high-paying job in the RIET is CFO. In any investment agency and trust fund, the management of finance is a very vital job and that’s the duty of the CFO:
- To oversee and maintain the financial condition and money flow of the company.
- To examine all the investments and shoulder the responsibility of finance.
- To maintain the funds accordingly and monitor the cash flow in the company.
CFO’s average salary is $406,332 dollar and is one of the top paying jobs in the real estate investment trusts.
How Many Jobs are Available in Real Estate Investment Trusts ?
The availability of career opportunities in real estate investment trusts depend on the size of the company. However, generally, including the best paying roles, there are various positions needed in REITs. According to a report, REITs create over 3 billion jobs.
Bottom Line
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Abovementioned positions are some top best paying jobs in real estate investment trusts with the basic guide-line according to the requirement of every job.
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