How Many Jobs Are Available In Real Estate Investment Trusts?

Published on: 18 June 2023 Last Updated on: 14 March 2024

How many jobs are available in real estate investment trusts? What are the best paying jobs in real estate investment trusts? Is real estate investment trusts a good career path? If you are searching for these queries, then you are at the right place!

Real estate investment trusts are firms that hold finance producing real estate across many areas. This company is situated in almost every state of the United States. However, there are various conditions or requirements for a company to fulfill the basic terms and conditions of Real Estate Investment Trusts (REITs). Keep reading this article till the end to learn more about the same…

Keep reading this article till the end to learn more about the same…

How Many Jobs Are Available In Real Estate Investment Trusts?

According to Indeed and LinkedIn, there are more than two thousand jobs available in real estate investment trusts. However, this number can increase or decrease as per the vacancy available in various sectors.

REITs are a rapidly growing industry where many investors are willing to invest more and more due to their investing benefits. On the other hand, ranging from the back office to customer support, there are many jobs available in real estate investment trusts (REITs) but the United States is not hiring all individuals.

You can apply for the post of real estate investment trusts (REITs jobs). The latest update shows that the total number of jobs in real estate investment trusts is as follows:

New York – 130 Jobs
Ashburn – 14 Jobs
Scottsdale – 12 Jobs
Milwaukee – 12 Jobs
Virginia Beach – 12 Jobs
Tampa – 13 Jobs
Philadelphia – 16 Jobs
Toledo – 17 Jobs
San Diego – 18 Jobs
Glendale – 13 Jobs
Jersey – 20 Jobs
Newark – 26 Jobs
Austin – 26 Jobs
San Francisco – 27 Jobs
Washington – 28 Jobs
Denver – 32 Jobs
Atlanta – 42 Jobs
Houston – 50 Jobs
Los Angeles – 50 Jobs
Dallas – 72 Jobs
Chicago – 74 Jobs

Is Real Estate Investment Trusts A Good Career Path?

There are many queries regarding the opportunities of real estate investment trusts that it offers to its investors. REITs are a good career path but qualifying all the requirements of REITs may not be possible for every firm or individual.

Real estate investment trusts are a good career path, and one of the main reasons is a high return on investment. On the other hand, there are some basic factors that you need to consider before choosing REITs as your career path.

According to sources, in recent years, there has been a relatively steady increase in the number of real estate investment trusts (REITs) in the United States. There were 206 REITs in 2022, down from 217 the year before. The market cap increased significantly despite the decrease in the number of REITs.

What Are The Best Paying Jobs in Real Estate Investment Trusts?

To know how many jobs are available in real estate investment trusts, first, you need to know what are the best paying jobs in REITs. According to our research, the best paying jobs in real estate investment trusts (REITs) are salespeople, leasing agents, broker jobs, fund managers, and much more. The descriptions of all jobs differ and you need to understand the basics of each and then you can proceed to know the best ones for yourself.

The benefits will increase more when you own your own real estate investments. Now, let’s discuss the top departments that get the highest salary in the real estate investment trusts.

1. Asset Manager

Within REITs, the Asset Management function is responsible for the financial and operational performance of the portfolio. They manage client assets according to investment goals and preferences. Moreover, these managers develop, organize and maintain client portfolios.

It is one of the highest-paying jobs, with salaries ranging from $70,000 to $1,000,000. They must monitor the financial and operational success of the business. In addition, they are in charge of marketing, locating investors, and verifying returns.

Asset management can be a good career, especially for investment banking, finance students, and high-performing economics. At the end of 2019, BlackRock was the largest asset management firm all over the world, with managed assets of around 7043 trillion US dollars. Thus, this is really a huge amount!

2. Property Manager

It will surprise you to learn that approximately 15,000 property managers are employed in the United States at the moment, and this number is growing. Engaging with clients and selling or renting property at the best prices are the responsibilities of a property manager.

From leasing to collections and property upkeep, they take care of everything. The best part is that no minimum qualifications are required to apply for this position. The compensation for this occupation goes from $55,000 to $65,000 every year, and the featuring part is that the vocation development is very great.

3. Acquisitions

Working for this job profile necessitates a significant amount of analysis because they must identify and evaluate potential acquisition targets. This industry offers a lot of job opportunities, and the good news is that it pays well—about $80,000 per year.

They must be able to solve problems well and be aware of new investment opportunities to increase revenue. One of the best jobs in the real estate investment trust industry is this one.

Acquisition departments provide paying jobs in real estate investment trusts. However, this is a pretty finance-heavy role within the real estate industry.

4. Investor Relations

This department of real estate investment management manages all outward-facing communication with REIT shareholders. An average management investor earns up to $150,000. This is truly huge, and this is regarded as the best paying job role in REITs.

If you’re looking for a position in the finance and accounts department, this is it. The best part is that it pays very well and has good growth potential.

The job of investor relations also includes organizing and preparing for the annual meeting, which includes writing a proxy statement and an annual report for the company.

Now, to get this job role, you need an undergraduate degree with a background in finance or accounting.

5. Real Estate Investor

This is one of the best jobs in the real estate investment trust industry because, in addition to the high salary, there are good chances of advancement in this industry. Their primary function is to assist individuals in achieving financial independence through real estate investments.

This job requires extensive market research before investing and trading, which takes time. You will be required to perform a variety of tasks, including checking, maintaining, flipping, purchasing, and rehabilitating the properties, making it not only mentally but also physically demanding. All of this helps them increase the value of their investments.

You need a degree in accounting, finance, or business to become a real investor because you need to come up with ways to make better investments for yourself and your clients. A real estate investor earns anywhere from $15,000 to $15,000 per year.

How Many Jobs Are Available In Real Estate Investment Trusts?

According to Indeed, there are more than two thousand jobs available in real estate investment trusts. However, this number can increase or decrease as per the vacancies available in various sectors.

Wrapping It Up!

The above discussed are the best paying jobs in real estate investment trusts that you must know before investing in this asset. Besides, I have tried my best to provide you the detailed information about how many jobs are available in real estate investment trusts. Still, if you have any doubts, you can mention them in the comment section below.

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Ankita Tripathy

Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.

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Lot Balonem Koszt

Your ability to convey complex ideas in such a simple way is truly a gift. Thank you for this great post!

Reply 2024-04-04 00:29:16

Ile Kosztuje Lot Balonem

This post was a great mix of information and readability. You have a real talent for writing.

Reply 2024-04-04 19:05:55

How To Ask For A Referral? – Essential Tips For Professional Growth

Networking is the process where you make connections and build productive relationships in your professional field. It is an important factor if you want to grow professionally and seek new employment opportunities. A major aspect of networking is to get referrals. In this article, you will learn how to ask for a referral request. Here, you will learn how to use your network to get referrals. As a result, you will have a better likelihood of getting access to new opportunities or cracking interview processes. Thereby, you can get better job offers and get professional growth. Hence, to learn more, read on to the end of the article. What Is A Referral Request? Having a professional network is essential for every employee or businessperson. This helps you get access to referrals faster. Basically, when you ask a member of your professional network to endorse or introduce you to a prospective employer, it is a referral request. For example, it can be something like reaching out to a recruiter on LinkedIn or asking a previous employer to refer you. In fact, if you have a referral in your arsenal, you give employers a chance to distinguish you from other job candidates. This will increase your chances of getting an interview or getting the job offer itself. Generally, employers go for candidates with referrals since it shows that the candidate has skills and experience. Apart from that, if you have a referral with you, it shows that you can form and maintain good work relationships. Also, it shows that you can form and nurture networks. For instance, you can request a referral from a personal acquaintance. Moreover, your interview preparation gets easier if you have a referral. Hence, you must ensure that you are choosing the right person for the referral. Moreover, you must approach them in the right manner. How To Ask For A Referral? – Steps To Follow The following are some steps you must follow if you want to ask for a referral from a professional you know: 1. Choose The Right Medium While asking for a referral, you must consider your relationship with your referrer. Generally, the best medium to reach a referrer is through writing. For example, it can be a message, an email, a LinkedIn chat, etc. Basically, the choice of medium depends on your relationship with the person. If the relationship with the person is formal, the best option is to use a written medium. However, if you have a causal relationship with the person, a face-to-face conversation can be handy. 2. Find The Right Person To Ask Another important factor to consider is whom to ask for a referral. This can be anyone you know, a former employer, a friend, or anyone else. Moreover, you can also ask someone in your existing network. However, the best person to ask for a referral is someone you already know. In fact, that person can attest to how you work and what your character is. Basically, the stronger the connection, the better the chance of getting a referral. Hence, the best option is to ask an ex-boss, colleague, former client, or even a college professor. Additionally, make sure you are honest with the referrer and explain what you need. Also, explain to them how they can help you and how beneficial it will be for your career. However, don’t ask for a referral from someone close to you, like a family member or a friend. In such cases, the referral request is obvious and does not help you during an interview. 3. Give The Referrer More Context And Reasons It is important to provide your referrer with the context of the referral. In fact, tell them why you need the referral and what exactly you want to achieve with it. For instance, if you apply for a job, be sure to attach a resume and the job listing to your request. Moreover, mention why you are asking them for a referral. For example, if you ask your previous employer for a referral, include a note that you have worked together. Additionally, you can also include a portfolio of your other work if you want to provide extra context. Here, you must make sure your request is not vague where your referrer is unsure about what you want. Also, ensure you give them an idea of how they can help you in the first place. Actually, this extra information will make it easier for them to agree with you. Hence, they will be eager to give you a referral that will help you grow professionally. 4. Ensure The Process Is Easy And They Say “Yes” When the referral process is easier, it will provide you with better results. Apart from providing them with a context, make sure they find it easy to refer you professionally. Additionally, you can also send your referrer with your career portfolio or your website. However, it needs to be relevant and must be an easy reference to consider. On the other hand, you can face a situation where the referrer wants to provide you with a referral but does not have the time to do so. In such cases, you can offer a draft letter on your referrer’s behalf. This way, they can just add a signature to it or attest to it. Hence, you make it easier for them to give you a referral. Moreover, they do not feel like they must push themselves to give a reference to you. However, if you are an independent professional, you can make it easy for your clients to refer you. Here, you just need to create and provide marketing materials for them. For instance, you can use a business card, an email template, or just a website button. This way, they can quickly refer you to their network with minimal effort. 5. Give Them The Option To Opt Out You can request someone to provide you with a referral. However, that does not mean that they will agree to provide you with that. On the other hand, you can feel that an ex-employer or a friend can help you. However, they might not feel comfortable referring you to their network. Hence, you must accept the possibility of rejection and move on. Therefore, to prevent an awkward situation, you can provide an opt-out option in the referral request. For instance, in your request, you can write, “It’s alright if you can’t provide a referral…” Hence, you are giving your referrers an option to exit. Also, you are not jeopardizing the relationship with them. 6. Ensure A Follow-Up And Express Gratitude When you receive a referral, you need to express gratitude. In fact, it is not a good idea to take a referral for granted. For instance, if someone refers you to their network, make sure to send them a thank you note. This way, you are expressing appreciation. Moreover, if a professional contact offers you a dream role, you must thank them for their time and support. Furthermore, even if you do not land the job, you must still express your gratitude. How To Ask For A Referral? – Tips To Consider Apart from conceptual skills, companies also look for networking and communication skills. You can prove your networking skills with the help of a referral. Hence, getting a referral is essential for business growth. The following are some of the tips you must follow if you want to ask for a referral from a professional network: 1. How you ask for a referral depends on your relationship with the referrer. For instance, if you ask someone an authority figure, you must use a formal tone. 2. You can also personalize your request if you understand it will work. For instance, you can include a thoughtful message. Apart from that, even if you are asking different people, make sure to write each referrer differently. 3. By being specific and providing context behind your referral request, you increase your chances of getting a referral. 4. Timing is the most important aspect of your referral request. For instance, if you know that the potential referrer is currently busy or not in the right mood, you must hold your request. Basically, you can yield better results if you ask at the right time. 5. You must build your network and grow it with time. In fact, once you prioritize your networks, you will not need to ask for referrals, as they will start coming your way. For instance, you can use a mutual connection when you are looking for a job or building a business from scratch. Referral For Professional Growth: The Way Forward Now, you know how to ask for a referral from someone from your network. Understand that the best referral comes from people you already know. Basically, if you have built professional relationships in your network, always feel free to ask for referrals. Do you have more suggestions to offer on how to ask for a referral? Please share your ideas and opinions in the comments section below. Read Also: Best LinkedIn Recommendation Example – How to Write a Great LinkedIn Recommendation The Secret To Finding A Career That You’ll Actually Love What Is a Remote Job? Everything You Need to Know

Can A Developer Be A Scrum Master?

The Scrum Master is a bridge between a planner and an implementer. So, you can say everyone is on the same tier. But a software developer has some special technical skills that help him become a Scrum Master easier than others. Moreover, an excellent Scrum Master has all the skills and capabilities to lead the team to achieve their goals effectively. Hence, if a Developer wants to become a Scrum Master, he/she needs to achieve the following things. Scrum Master Training: No matter how skilled a Developer you are and how much practice you have done as a Scrum Master, you still need to get the Scrum Master training. The training will help you learn the basics of the Scrum Framework and other fundamentals that help build leadership quality. Being a Software Developer, you already have some skills. So, it will be easier for the Developer to achieve the training and be a Scrum Master. Organization Skills: Another essential skill that a Software Developer needs to gain to become a Scrum Master is organization skills. This will help to learn the strategy building and implementing the team in the right direction. Moreover, it helps the individual to keep everything organized and up to the mark. A Software Developer cum Scrum Master will get the plus point in having these skills, so they do not need to pass through particular training to learn these skills. The Scrum Master will be responsible for leading the team and managing the projects easily. With these capabilities, you will be able to step towards the Scrum Master successfully. Technical Formalities: The most crucial role of the Scrum Master is to find real-time and better strategies to divert the team in the pathway of achieving the goals. That's why it is crucial to learn some technical formalities before you take your step towards the Scrum Master. But if you are a Software Developer, you already have the skills of technical formalities. The technical formalities will strengthen the team. This will also help learn how to develop the software that helps lead the Agile team more easily. Soft Skills: It's easy to keep a check on the hard skills. Soft skills are also essential for the Software Developer, from finding the right resume to building the characteristic that is difficult to define. Besides that, Soft Skills will also help in becoming the best Scrum Master. The skills may include the following things, which are as follows: Coaching and Teaching Skills: A large part of the Scrum Master is based on teaching and coaching skills. This will help the team learn the skills essential for leading the team which is new to the Scrum Master field. Learning the teaching skills will also help in understanding the weakness and strengthening point. Moreover, this will help me to become a great coach as well. Conflict Simplification: The Scrum Master can resolve the conflicts between the team. If any disagreement arises in the team, the Scrum Master will help to fix them on time. This will be potentially helpful in progressing the team and achieve the team goals accurately. With the right type of learning and coaching from the Certified Scrum Master course, a Developer can learn the skills and achieve the goals accurately. Learn the Capability to Lead the Team: The Developers who gain the Scrum Master training will have the best leadership quality in them. Moreover, they will be able to make a decision quickly and efficiently. This will help to keep things organized and improve the productivity of the team as well. Leadership is all about managing the entire team and implementing the skills to perform best. Being a Developer, you already have this quality in you. With these essential skills, you will be able to become a Certified Scrum Master. Conclusion: A Certified Scrum Master plays a unique role in leading business organizations. They have the capability of team development and are the Product Owner at the same time. It's a capability of self-management. That's why a Developer can also be a Scrum Master because they already have half of the skills, making them the best leader and leading the team productively. Read Also: 6 Tips for Effective Crisis Management Tips for Building Relationships with Senior Managers WordPress Developer: Job Profile and Key Responsibilities in 2020

How Many Jobs Are Available In Industrial Machinery/Components?

The time we live in is of technology and information, and they are rapidly evolving and improving. As a result, new jobs are coming in every day! You can be a bus driver or an expert at handling mechanical equipment. Either way, there are occupation reserves for your skills. The industrial machinery components industry opens up vast opportunities for people with different mechanical and technical skills. But how far does the industrial machinery components industry expand? How many jobs are available for you in the industrial machinery components department? Unfortunately, there are so many options that some people feel overwhelmed. This article will help you understand how many jobs are available in industrial machinery/components. If you are curious about working in this industry, this article might help you understand the ins and outs. Read More: Clicka Jobs USA: All You Need To Know What Is Industrial Machinery/ Components Industry? Industrial machinery/components heavily rely on good quality components. The manufacturing process needs to be effective, and the quality of components used must be of high quality to ensure cost-effective production. Only through high-quality components the industrial machines can be made of high quality. Industrial production is ever-increasing due to the growing need for products worldwide. As a result, a plethora of job opportunities have opened for many working professionals and job seekers. In addition, there are many white-collar and blue-collar job opportunities available in this sector. White collar jobs: engineers, research and development industry.Blue collar jobs:crane operators. If you are seeking a job opportunity in this sector, you need to build up several skills associated with technology. For Instance Understanding technology and computers.Understanding different types of machinery and equipment.Communication skills.Management skills. How Many Jobs Are Available In Industrial Machinery/Components? In industrial machinery/ components, there are many job opportunities that you can look into. According to the estimation of the Bureau of Labor Statistics of the US, there are more than 501,500 job opportunities in industrial machinery and components. Now, you might be wondering – is industrial machinery/components a good career path? The answer is definitely yes, given the amount of labor required in the field. Also, the field is growing rapidly, and it is never stopping. The demand might decrease only when the factories are more complex and when they start using machines to make machines. The demand for skilled laborers to make more advanced industrial machinery will increase, and so will the number of jobs. There are two categories of occupations in industrial machinery/components. White collar.And blue collar. These categories are divided based on the physical and educational skill requirements. A white-collar job requires more academic qualifications and minimum physical labor. On the other hand, a blue-collar job requires more physical labor and fewer educational skills. White Collar Jobs In Industrial Machinery/Components As I told you before, white-collar jobs require minimal physical labor and more educational qualifications. Here Are Some Necessary Skills For A White-Collar Job. Engineering degree.Computer programming.Supply chain logistics.Soft-skill jobs.Human resource management. 1. Industrial Engineer The need for industrial engineers is not going down. Most famous universities offer degrees in industrial machinery productions/ industrial engineering. The production of complex machines requires skilled engineers; as a result, the demand for industrial engineers in industrial machinery/components is ever-growing. 2. Computer Programmer Another white-collar job requiring very minimum physical and maximum educational qualification is the role of a computer programmer. The industrial and manufacturing world is highly dependent on computers. Automation is also integral in making the manufacturing process easier. Usually, the need for computer programmers is more relevant than ever. In industrial machinery/components, you have plenty of opportunities as a computer programmer. 3. Supply Chain Logistics Coordinator Efficient businesses know that some of their components need replacement or updating. Therefore they need professionals to coordinate the updating and replacement of such equipment. As a result, they hire logistic coordinators to help them with such tasks. These professionals check when to replace such components without disrupting production. 4. Soft Skill Jobs There are also some soft-skill jobs available in industrial machinery/components. Soft skills like client and customer management, personal management, and solving industrial problems are also important in this sector. These soft skills help businesses keep the components cost-effective. As a result, there are many jobs you can seek in this department. Blue Collar Jobs In Industrial Machinery/Components There is no need for you to have a college degree to work in the blue-collar industry. More importantly, the demand for jobs is massive. These jobs are more labor-intensive, and then you can start only with a high school diploma. Here are some examples of blue-collar jobs. Click Here To Read Out: “No Career Interests Me” – What To Do? 1. Crane Operator The industry for creating cars, boats, and other large machinery cannot operate without cranes. Heavy objects need to be moved around, and the cranes are capable machines to do that. If you want to be a crane operator, you need proper training to work in such an environment. This blue-collar job is one of the best-paying options in this sector. 2. Welder Industrial machines are complex, and they require fixing almost every day. The industrial machinery/ components sector inevitably requires welders. Welding is a valuable skill for job seekers in the machinery/component industry. 3. Truck Driver Supply chain logistics coordinator is a white-collar job. But, this sector needs constant help from the truck drivers to move components and different equipment from one place to another. Some factories even require a driver’s license from their workers. Frequently asked questions (FAQs): Here are some popularly asked questions related to the industrial component/machinery. These relevant questions and their answers will help you with more information. Q1. What Is Considered Industrial Machinery? Industrial machinery companies are those that provide control, machinery, and other equipment for energy, infrastructure, and industrial manufacturing. Q2. What Is Included In Machinery And Equipment? The meaning of machinery and equipment mean industrial fixtures, support facilities, devices, and tangible properties for personal use that turn into components. Q3. What Are Some Well-Paying Jobs In Industrial Machinery/ Components? There are many white-collar and blue-collar jobs available in industrial machinery/ components. Here are some examples you might look at.1. Industrial engineer.2. Computer programmer.3. Crane operator.4. Supply chain logistics coordinator.5. Welder. Bottom Line! How many jobs are available in industrial machinery/components? The exact number (as I explained earlier) would be 501,500. As for the job roles, I have also explained different blue-collar and white-collar job opportunities. I hope that you got answers to your queries. If there is any further query, you can ask us questions in the comment section. Read Also: Are Commercial Banks A Good Career Path?Best Paying Jobs In Electric Utilities CentralBest Paying Jobs In Industrial Machinery/Components

How Many Jobs Are Available In Real Estate Investment Trusts?

How Many Jobs Are Available In Real Estate Investment Trusts?

Is Real Estate Investment Trusts A Good Career Path?