The world of real estate is quite extensive; there are different types of real estate investors since investment is not only about spending money on a property.
Real estate investments range from consulting, financing, purchasing, developing, and renting or selling the property for profit.
With so much work, it is not surprising that there is a need for many real estate investors in the United States; this is because the buying and selling of properties fluctuate in the country.
An investor is responsible and owns several real estate properties, so here is an article about how many jobs are available in real estate investment trusts.
How many jobs are available in real estate investment trusts?
The demand for jobs has increased considerably recently. There are more than 326,000 jobs in the real estate investment trust sector.
But that’s not all; if you think there are not enough jobs available, at least 3.4 million jobs in the U.S. are indirectly related to real estate investment trusts.
How much can you earn working for a REIT?
The pay will vary depending on the position you have. For example, a real estate investment fund analyst has a base salary of $70,862 annually. A trust analyst can have a salary ranging from $91,800 to $108,800 annually.
Like this position, many will vary in salaries depending on the level of demand, the hierarchy in the company, and the department they manage.
Types of jobs available
A real estate investment trust or REIT is responsible for all processes in real estate investment trusts, from property management to investor relations.
Therefore, project managers, agents, real estate managers, commercial developers, acquisition team members, financial analysts, marketing coordinators, and construction supervisors are needed.
Development managers are responsible for supervising the construction of new buildings or remodeling. They advise on the best use of space to generate more income.
They ensure that the company’s properties are in the best condition and generate the most revenue. Development managers assist with financial development.
This job is in high demand because of the analytical skills in both real estate construction and finance.
The salary of a development director is between $62,950 and $83,091 per year.
Working on REIT acquisitions also requires a good level of analysis because they are responsible for identifying and evaluating potential targets for a new acquisition.
After that, they negotiate and structure the operations to be followed to direct the diligence efforts in the right way, as well as being aware of problem-solving and attacking other investment opportunities.
The salary for acquisition roles is $80,000 per year.
Real Estate Sales Supervisor
A real estate sales supervisor is a key part of real estate investment trusts. They manage a team that will handle sales and purchases. Supervisors support agents in achieving business growth, and agents must report their performance to the company.
Their duties include overseeing the daily operations of the business unit, including sales, equipment rentals, maintenance, repair services, and even daily locker rentals.
They also oversee the company’s agents’ customer service and all personnel management. They are the ringleaders of the group of agents. A real estate sales supervisor receives an annual salary of $45,000.
Real Estate Investor
Real estate investors are responsible for providing individuals with the facility to achieve financial independence through real estate investment.
Investors must constantly be on the move with properties: checking, fixing, flipping, maintaining, wholesaling, buying, and rehabbing. That way, they generate better returns on their investments.
Real estate investors are constantly analyzing the best strategies to generate better investments for themselves and their clients. Because of this, it is very common to need a degree in accounting, finance, or business to become an investor.
At the same time, you need to have management and communication skills. A real estate investor generates a salary of up to $124,000 annually.
Real Estate Attorney
A real estate attorney is the legal representation of the individuals and the organization involved in transactions, whether the sale, purchase, or development and use of the real estate.
They are also responsible for drafting and checking documents representing their client in court and providing advice on correct compliance with the laws. A real estate lawyer’s salary ranges from $119,000 to $125,000 annually.
Are real estate investment funds a good investment?
A real estate investment trust supports investors and provides high returns. These companies invest in real estate properties of different types. Therefore, they offer advantages to investors to have a long-term competitive return and achieve more attractive income.
Thanks to REITs, liquidity, diversification, and transparency in the buying and selling processes are achieved. This is due to the buy-to-lease process, the granting of loans to owners, and even the possible acquisition of mortgages.
How does real estate investment work?
Real estate investment is born to offer better opportunities for clients to benefit from their investment in real estate that can produce income.
Thus, real estate investment funds combine companies’ and individuals’ money to buy real estate projects to rent or sell. It results in them earning a percentage from the rental or sale of the property without having to manage it.
They can manage the properties of houses, apartment buildings, hotels, medical facilities, office buildings, storage facilities, or retail centers.