Best Paying Jobs in Real Estate Investment Trusts (REITs)

Companies that hold and manage properties with an income stream are known as real estate investment trusts (REITs). They provide real estate investors with a means to invest without having to own and maintain properties themselves. Investors seeking income frequently choose REITs since they are obligated to distribute at least 90% of their taxable income to shareholders in the form of dividends.

Working for a REIT might be an excellent way to make a big salary if you’re interested in a real estate job. Below are a few of the highest-paying positions in REITs:

Best Paying Jobs in Real Estate Investment Trusts (REITs)

A firm that owns and often manages real estate or similar assets that generate income is known as a REIT. These might include of warehouses, self-storage facilities, office buildings, commercial centers, residences, hotels, resorts, and mortgages or loans.A firm that owns and often manages real estate or similar assets that generate income is known as a REIT. These might include of warehouses, self-storage facilities, office buildings, commercial centers, residences, hotels, resorts, and mortgages or loans.

Chief Executive Officer (CEO):

The CEO is in charge of the company’s overall success and is the highest-paid executive in a REIT. The typical REIT CEO pay is $261,100 per year.

Vice President of Asset Management:

The portfolio of buildings owned by the REIT is managed by the vice president of asset management. Finding new properties to buy, directing the leasing and administration of current properties, and getting rid of underperforming assets are all included in this. A vice president of asset management typically earns $209,000 per year.

Investment Analyst:

Potential investments for REITs are investigated and analyzed by investment experts. They also give advice to the management team and keep an eye on the performance of current investments. An investment analyst makes, on average, $115,000 a year.

Property Manager:

The daily operations of properties held by REITs are supervised by property managers. This include renting out and maintaining the homes, obtaining rent, and making sure the properties are kept in good condition. A property manager makes, on average, $89,000 a year.

Lawyer:

Lawyers at REITs offer legal advice on a range of topics, including finance, compliance, and mergers and acquisitions. A lawyer at a REIT makes, on average, $135,000 a year.

These are just a handful of the several well-paying positions in the REIT sector. The precise pay for each position will depend on the individual’s experience, credentials, and the size and location of the REIT.

Working for a REIT has a lot of advantages besides the high wages. The standard benefit packages provided by REITs include paid time off, retirement plans, and health insurance. They also provide the chance to work in a dynamic, quick-paced workplace.

Working for a REIT is an excellent choice if you’re seeking for a lucrative and fulfilling real estate career. You may get a fantastic work in the REIT sector and make a good living with the correct training, experience, and abilities.

Here are some more pointers for getting a lucrative job in REITs:

  • Obtain the required training and education: Candidates for REIT positions often need a bachelor’s degree in real estate, finance, or a closely connected profession. A master’s degree or the Certified Real Estate Investment Analyst (CREA) qualification may also be preferred by some employers.
  • Connect with professionals in the field: Attend industry conferences, sign up for trade associations, and establish LinkedIn connections. Making contacts through networking is a terrific approach to learn about employment openings and develop your professional network.
  • Keep up with the newest trends: Because the real estate market is always changing, it’s critical to keep up with the newest trends. You’ll be better able to make professional decisions and compete better for jobs as a result.
  • Be persistent: Although it can take some time, don’t give up on finding a high-paying career in REITs. Be tenacious in your employment hunt and never stop developing. You can attain your objectives if you put in the necessary effort and commitment.