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

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?

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?

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?

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.

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). 

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

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 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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Additionally, you will have to take action in order to mitigate the risks. Skill Set: Knowledge of security protocols, risk analysis, and familiarity with hacking techniques. 3. Software Developer Average Salary: $107,000/year. If you are planning to become a software developer, you have chosen a great career path. They are programmers who use their skills for creating new software. Additionally, they are responsible for improving software applications which already exist. You will need to design and code for building operating systems and/or mobile apps. In short, software developers create software to solve problems or fulfil user needs. Skill Set: Strong coding skills in languages like Java, C++, or Python, and an understanding of software development methodologies. 4. UI/UX Designer Average Salary: $85,000/year. Just in case you did not know, UI stands for User Interface and UX stands for User Experience. These designers are responsible for improving user experience and interface design for better usability. If you are planning to be one, you will need to gather the user requirements, evaluate and analyze them, and collaborate with the product managers and the engineers who are equally responsible for launching the product. Skill Set: Design tools like Sketch or Adobe XD, user research, and prototyping. 5. Web Developer Average Salary: $75,000/year. The task of a web developer is to build and maintain websites. They are responsible for ensuring that the website they are creating is visually appealing and that the interface is easy to navigate. Additionally, the web developers are also responsible for ensuring that the website’s performance goes smoothly and it works at full capacity. Skill Set: HTML, CSS, JavaScript, and knowledge of web frameworks. 6. Software QA Tester Average Salary: $70,000/year. While the software developers create and design the software applications, the task of the software QA tester is to check the quality of the software through manual and automated testing. They are responsible forchecking the software before it is launched and report the defects that need to be rectified. Skill Set: Testing tools, attention to detail, and analytical skills. 7. IT Director Average Salary: $140,000/year. Just as the name suggests, IT directors oversee technology strategies and operations within a company. They are responsible and in charge of the technology in the organization. Additionally, if you are planning to be an IT director, you need to research as well as purchase all the hardware and software for any updates when required. Skill Set: Leadership, strategic planning, and a broad understanding of IT infrastructure. 8. Database Architect Average Salary: $115,000/year. Database architects design and manage complex databases for companies to store and organize data. As a database architect, you will be responsible for working with firms which provide design services for computers. Skill Set: SQL, database management systems, and data modelling. 9. Cloud Engineer Average Salary: $120,000/year. Cloud engineers are professionals in the IT industry who are are responsible for anything and everything that is related to cloud computing. They manage cloud-based systems and services. Additionally, you will be responsible for ensuring that you follow systematic approaches to solve the issues that your organization faces. Skill Set: Cloud platforms like AWS or Azure, networking, and security. 10. AI Specialist Average Salary: $130,000/year. An AI specialist is a professional who is responsible for developing intelligent systems and applications for their organization. Their primary role is to ensure that they design and create the automated software that mimic human intelligence which will help their organization. Skill Set: Machine learning, neural networks, and programming skills. 11. Product Manager  Average Salary: $109,000/year. The role of a product manager is to guide the development and strategy of a product. They are responsible for identifying the needs of a customer and the objectives of businesses about the product. In short, if you are planning to be a product manager, you will need to ensure that you are in total control of everything that a particular product needs to be, from scratch! Skill Set: Market analysis, project management, and communication. 12. Technical Writer Average Salary: $72,000/year. The task of a technical writer is to create documentation for technical products. Consider that a product is in the making. The task of you as a technical writer would be to ensure that you document each and every step that was taken to create the product. You are required to create a technical user manual using the right tools to be able to collaborate with the designers and other professionals. Skill Set: Writing skills, technical knowledge, and ability to explain complex concepts simply. 13. Business Analyst Average Salary: $82,000/year. If you are planning to become a business analyst, you will be responsible for analyzing the data related to the specific business. Your goal would be to ensure that you are able to help the organization achieve its goals with the help of the data that you have. Skill Set: Analytical thinking, problem-solving, and knowledge of business software. 14. Network Engineer Average Salary: $85,000/year. The next one on the list of career options that you can take if you get laid off from big tech companies is to be a network engineer. They are professionals who design and maintain computer networks. They are also responsible for implementing as well as troubleshooting the computer network of an organization. Skill Set: Networking protocols, hardware, and troubleshooting skills. 15. Systems Analyst Average Salary: $88,000/year. Last but not least, systems analysts play a role in assessing and improving computer systems for businesses. They are closely related to modifying and integrating new features to improve business efficiency. Skill Set: Systems design, problem-solving, and technical communication. Other Career Options After Getting Laid Off! Did you think that the list was over? Hell no! Here are some often other career options that you can tube about if you are planning to stay in the tech industry while getting laid off from the big tech companies: 16. DevOps Engineer DevOps engineers work on system deployment and network operations.  Average Salary: $115,000/year. Skill Set: Automation tools, coding, and system administration. 17. Digital Marketing Specialist They create and manage online marketing campaigns. Average Salary: $67,000/year. Skill Set: SEO, content marketing, and analytics tools. 18. Sales Engineer Sales engineers combine technical knowledge with sales skills to sell complex products. Average Salary: $103,000/year. Skill Set: Technical expertise, sales experience, and communication skills.  19. Data Analyst Data analysts interpret data to help businesses make informed decisions. Average Salary: $68,000/year.  Skill Set: Data visualization, statistical software, and database querying.  20. HR Specialist HR specialists manage employee relations and company policies. Average Salary: $61,000/year. Skill Set: Knowledge of HR practices, communication, and organizational skills. 21. Customer Success Manager They ensure customers are satisfied and engaged with the product. Average Salary: $90,000/year. Skill Set: Customer service, project management, and interpersonal skills. 22. Technical Support Specialist Technical support specialists help users with technical issues. Average Salary: $50,000/year. Skill Set: Troubleshooting, knowledge of hardware/software, and customer service.  23. Research Scientist Research scientists conduct experiments to develop new products or knowledge. Average Salary: $99,000/year. Skill Set: Scientific research, data analysis, and critical thinking. 24. Consultant Consultants provide expert advice to improve business performance.  Average Salary: $85,000/year. Skill Set: Industry knowledge, problem-solving, and communication. 25. Entrepreneur Entrepreneurs start their own businesses or ventures. Average Salary: Variable. Skill Set: Creativity, risk-taking, and business acumen. Wrapping It Up! Considering the fact that there has been a rise in layoffs by big tech companies like Microsoft and Google, employees who have years of experience have been losing their jobs. Hence, there is absolutely no doubt that people are in utter shock. However, if you are someone who is planning to switch your career or even start your career in blue collar industry, it is possible. As an experienced professional, you will be able to easily get hatred by other tech companies in the same niche. On the other hand, if you are planning to start your career in blue collar industry, you will be. In case you were searching about the career options that you can take after getting laid off by big tech companies, I hope that this blog has been of help to you, If there are any other questions that you might have related to the same, please feel free to let me know. All that you need to do is scroll down till you reach the bottom of the page. Then leave your comments and suggestions in the box below. And I will be there to help you out with the same You May Like This: Best Practices For Visual Regression Testing On Cloud A Beginner’s Guide To Becoming A Facebook Developer In 2024 Is Computer Software Prepackaged Software A Good Career Path? 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