How Many Jobs Are Available In Real Estate Investment Trusts?

18 June 2023

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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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?