15 Best Paying Jobs in Real Estate Investment Trusts (Average Salary)
Real estate is a lot bigger industry than people think it is. I’ve studied its different branches, and Real Estate Investment Trusts (REITs) is one of the most fascinating ones that I’ve encountered in a while. This sector focuses on purchasing profitable real estate buildings and allows people to invest in them.
Besides benefiting investors, it also offers a range of different high paying jobs. If you have experience in this industry, there are many job options available for you.
Listed below are a few of the highest paying positions available in real estate investment trusts, which you may want to look into. Alright, let’s proceed.
Best Paying Jobs in Real Estate Investment Trusts:
As mentioned, Real Estate Investment Trust is a huge industry. Many sectors work together in order to gain people’s investment and then use it to purchase real estate buildings to make a profit.
Thus, the jobs I’m going to outline here are associated with a wide range of areas that contribute to real estate investment trusts. What follows is a rundown of these jobs:
1. REIT Chief Executive Officer:
- Average Annual Salary: $70,000 – $155,500
A Chief Executive Officer is, perhaps, one of the best jobs that a person can get in any type of company, and REIT is no exception. This job title comes with many benefits as well as responsibilities. Your main job will be all about overseeing the entire real estate investment operation and making sure it goes the right way.
Being a CEO of a REIT is a huge responsibility. You’re not just running any simple company. You’re running an investment firm that gets the investments of millions of people and makes sure each of them makes a profit. With a huge responsibility, you get benefits in the form of salary and bonuses.
Key Responsibilities:
- Work with the board and align performance with the goals.
- Oversee the operations.
- Communicate and work with managers.
- Make decisions for the future.
Required Skills:
- Leadership and management
- Understanding of real estate
- Communication and problem-solving
- Understanding of basic company dynamics
2. Portfolio Manager:
- Average Annual Salary: $22,500 – $160,000
Another one of the best paying jobs in real estate trusts is a portfolio manager. It is a very important as well as critical job since the manager has to oversee a portfolio of several buildings that are owned by the company. The main role of this job is to make sure that the acquired buildings are working perfectly.
As a portfolio manager, you will be responsible for keeping track of the financial situation of the assets. Besides that, you will have to come up with new strategies to manage the assets in a better way so that the company can make more profit from them.
Key Responsibilities:
- Oversee a number of real estate assets.
- Track the financial performance of the assets.
- Develop strategies for better asset management.
Required Skills:
- Financial management.
- Understanding of financial models.
- Problem-solving and communication.
3. Acquisition Specialist:
- Average Annual Salary: $34,500 – $142,000
If you want to get involved in a job that helps a REIT company grow in the industry, becoming an acquisition specialist is the right option for you. It’s an important and high-value job that also requires competence.
An acquisition specialist is supposed to identify new investment opportunities for the company. He researches the market and identifies assets that can generate great income for the company. Also, the specialist focuses on conducting proper due diligence before allowing the company to acquire the real estate.
Key Responsibilities:
- Research the market and find new real estate properties.
- Estimate the amount of money the assets can generate.
- Perform due diligence before the company acquires the property.
- Collaborate with the management during the acquisition procedure.
Required Skills:
- Collaboration and communication
- A strong understanding of the real estate market.
- Understanding of how a real estate building generates money.
- Understanding of laws and regulations related to real estate.
4. Property Developer:
- Average Annual Salary: $25,500 – $152,000
A property developer in a REIT company is a professional who is responsible for overseeing the complete process of the creation of a real estate building. Sometimes, REITs have to construct buildings of their own wherever they think the building will give profit.
As a property developer, you will be responsible for handling such projects. This job requires you to use your creative skills and make sure the whole project goes smoothly. Regardless of what type of building is being created, you have to oversee the construction process and make sure it is according to the requirements.
Key Responsibilities:
- Develop plans and strategies for project development.
- Work with construction experts to complete the building.
- Build and manage construction budget.
- Make sure the construction goes according to the laws and regulations.
Required Skills:
- Deep knowledge of construction
- Budget development and management
- Communication and collaboration
- Problem-solving
5. Real Estate Broker:
- Average Annual Salary: $12,500 – $155,000
People with good communication and dealing skills can consider becoming real estate brokers. It is one of the best paying jobs in real estate investment trusts that’s also very respectable.
The basic role of a real estate broker is to build a negotiation environment between the seller and the buyer. So, your job is to make sure that the company acquires, sells, or leases a property at the best terms.
Key Responsibilities:
- Streamline the buying, selling, or leasing process.
- Negotiate to get the best deal for the company.
- Be an intermediary between the REIT and the third party.
- Locate and deal with parties that are interested in buying or selling a property.
Required Skills:
- Negotiation
- Communication and dealing
- Relationship-building
- Understanding of the real estate market
6. Chief Financial Officer (CFO):
- Average Annual Salary: $52,000 – $400,000
Another one of the best paying jobs in real estate investment trusts is Chief Financial Officer (CFO). This job role is responsible for monitoring and handling the financial health of the company. As a CFO, you will be responsible for almost everything related to finances in the REIT company.
The main goal of almost every business is to make a profit. A CFO helps achieve this goal by making sure the company spends less money while bringing in more profit. So, if you’re interested in this role, you’ll need to have a deep understanding of how finances work so that you can manage the financial health of the company well.
Key Responsibilities:
- Minimize expenses
- Develop and implement budgets
- Focus on compliance with tax laws
- Understand and evaluate the financial situation of the company
Required Skills:
- Deep knowledge of finances
- Understanding of budget development
- Understanding of tax laws
7. Real Estate Attorney:
- Average Annual Salary: $49,500 – $289,000
Real estate is one of those fields where laws and regulations are tough and complex. So, REITs require someone with deep knowledge of how laws work. As a result, they hire a real estate attorney, and it is a very high-paying job.
As a REIT real estate attorney, you’ll be responsible for making sure that the company is in compliance with the laws. Besides that, you will also focus on handling any lawsuit that is thrown at the company by other people. Also, suing people who break the rules while dealing with your company will be one of your responsibilities.
Key Responsibilities:
- Deal with lawsuits.
- Create and manage legal documents.
- Oversee compliance with laws and regulations.
- Educate the company about the latest rules and regulations.
Required Skills:
- Attention to detail
- Strong knowledge of the legal world
- Communication and leadership
8. Investor Relations Manager:
- Average Annual Salary: $33,000 – $231,500
Investor relations manager is another one of the best paying jobs in real estate trusts. One thing that can make or break a REIT is its investors. The company basically profits from gaining more investors. If these investors aren’t happy with the organization, it can fall down in a minute.
As an investor relations manager, your job is to make sure this doesn’t happen. You will have to keep a positive relationship between the company and the investors so that both parties can grow together. Better relationship not only helps with investor retention but also attract more investors, which helps the organization grow.
Key Responsibilities:
- Explain investment strategies.
- Manage the communication between REITs and investors.
- Create detailed earnings reports to show them to investors.
- Monitor the investor sentiment to help the REIT with better management.
Required Skills:
- Communication and negotiation
- Understanding of public relations
- Ability to explain complex reports in an easy way
9. Inbound Sales Representative:
- Average Annual Salary: $19,500 – $75,000
An inbound sales representative is another respectable job in REITs that can help you make some good dough as well. Every company tries to attract more people who might be interested in joining them. A REIT does it with the help of an inbound sales representative.
As a holder of this job title, you’re supposed to handle all the incoming inquiries about investing, selling, purchasing, and renting. Calls, meetings, and seminars are needed to persuade leads. Additionally, you will create strong relationships with prospects to quickly convert them into permanent clients.
Key Responsibilities:
- Respond to incoming potential leads.
- Nurturing relationships with leads to convert them into customers.
- Provide detailed information about the company’s plans and performance.
Required Skills:
- Persuasion
- Communication and relationship building
- Detailed knowledge of the REIT industry
- Familiarity with CRM tools
10. Marketing Manager:
- Average Annual Salary: $33,000 – $145,500
Every business in the world requires marketing for success, and real estate investment trusts are no exception. That’s why they hire marketing managers to market their brands in the industry. The main focus of a marketing manager is to create, execute, and manage marketing strategies to grow the company.
As a marketing manager, you will be responsible for developing high-quality marketing strategies. These strategies could include multiple things, such as email marketing, SEO, digital marketing, etc. Besides that, you will have to guide fellow marketing specialists to make sure everyone is doing their job properly.
Key Responsibilities:
- Develop and execute marketing strategies.
- Monitor the performance of these strategies.
- Identify growth opportunities in digital media.
- Collaborate with teams to improve investor outreach.
Required Skills:
- Strong marketing background
- Understanding of modern media
- Deep knowledge of the real estate industry
- Understanding of top marketing tools
11. Real Estate Property Appraiser:
- Average Annual Salary: $36,000 – $116,500
The next job that I am going to discuss in the list of the best paying jobs in real estate investment trusts is real estate property appraiser. This job has a huge impact on the overall expenses and profit of the company. That is because it focuses on determining the value of any property asset in the market.
As a property appraiser, you will have to estimate the proper value of a property according to the current market. It applies to both the buildings that are already owned by someone and the ones that are yet to be developed. You’ll have to work with acquisition specialists and asset managers to guide them about the property’s value so that they can make better decisions.
Key Responsibilities:
- Conduct a detailed research on a property’s value.
- Understand the ongoing rates of properties in the market.
- Analyze the market to predict future values.
- Collaborate with other departments, such as asset management.
Required Skills:
- Deep understanding of the market values
- Problem-solving and management
- Work collaboration
12. Tax Specialist:
- Average Annual Salary: $36,000 – $99,000
There are dozens of tax types that are involved in the business of REITs. It is an important job and focuses on everything related to taxes in the real estate industry. As a tax specialist, you will be responsible for proper tax compliance and implications.
You will have to make sure that the taxes are being paid in a proper way so that the company doesn’t get involved in any legal troubles. Besides handling company taxes, you are supposed to understand and handle the taxes related to properties that are under the REIT company as well.
Key Responsibilities:
- Prepare and overview tax returns and filings.
- Ensure compliance with the tax laws and regulations.
- Understand the taxes applied on the properties.
- Collaborate with the financial wing.
Required Skills:
- Deep understanding of taxes
- Attention to detail
- Collaboration and communication
13. Compliance Officer:
- Average Annual Salary: $31,500 – $207,500
If a REIT company does not focus on rules and regulations, it can get into big trouble. It will result in a loss for both the company as well the investors. A compliance officer makes sure that something like this doesn’t happen.
As a compliance officer, you will be responsible for understanding the current rules and regulations of the real estate industry. You will have to make sure that the company follows these regulations and abides by the rules. Besides the real estate laws, you will have to understand and comply with the rules and regulations related to making deals with the investors as well.
Key Responsibilities:
- Understand and learn about the current laws.
- Make sure the company follows the regulations.
- Create and share proper guidelines related to compliance.
Required Skills:
- Analytical thinking
- Strong understanding of the laws and regulations of real estate
- Communication and problem-solving
14. Leasing Manager:
- Average Annual Salary: $22,500 – $160,000
A leasing manager is a high paying job in the REITs industry because it is extremely important. Most of the revenue of the company is based on leasing, and the leasing manager has to make sure it’s done the right way.
There are a number of different responsibilities that are involved in the role of this job. You have to oversee the whole leasing project of a property. It involves understanding the terms and conditions and then finalizing the lease by negotiation with customers.
Key Responsibilities:
- Manage the whole leasing process.
- Negotiate terms to get the best deal possible.
- Coordinate with other professionals, such as an asset manager.
- Properly maintain the record of the lease.
Required Skills:
- Understanding of how real estate contracts work.
- Negotiation and communication
- Work coordination
15. Investment Analyst:
- Average Annual Salary: $11,000 – $115,000
Last but not least, investment analyst is another one of the best high paying jobs in real estate investment trusts. It involves a detailed analysis of the investment a REIT company has made in different properties. Besides that, it focuses on understanding whether or not the company should invest in a certain property.
As an investment analyst, you’re supposed to evaluate the market condition and understand the factors that can increase the company’s ROI. Besides that, you also help other sectors of the company, such as an acquisition specialist, to make informed decisions by providing detailed investment analysis.
Key Responsibilities:
- Analyze market trends
- Identify the best ROI properties
- Coordinate with other sectors to help them work properly
- Prepare detailed investment analysis reports
Required Skills:
- Deep analytical skills
- Understanding of investment trends
- Collaboration and communication
The Final Summary
Real Estate Investment Trust is one of the biggest sectors of the real estate industry. Its main working model revolves around using investor money to invest in real estate buildings that generate constant money. This sector provides different types of jobs, and most of them are high-paying.
The discussed names are some of the best high paying jobs in real estate investment trusts. Each has different responsibilities as well as required skills. So, pick a job of your interest and apply for it in different companies and have a secure future.
People Also Ask For:
1. What is REIT?
REIT stands for Real Estate Investment Trust. It is a company that purchases real estate properties that generate money with the help of investor money.
2. Can You Make Good Money By Working In REITs?
Yes, you can make some really good money by working in the REITs industry. There are many high-paying jobs in this sector that you can join to make a good living.
3. What is The Meaning Of A Real Estate Broker?
A real estate proker is a professional who helps real estate buyers and sellers with property transactions. He acts as an intermediary and helps both parties make a good deal.
4. What is an Appraiser in Real Estate?
An appraiser in real estate is a professional who determines the market value of a property. Their role is crucial in real estate transactions, as they provide an unbiased assessment of a property’s worth
