Top 10 Best Paying Jobs in Real Estate Investment Trusts in 2024!

11 June 2024

If you are looking for a career move in real estate, becoming a part of the REIT can be smart! Considering the trend of shifting to this field is growing quickly, people are often googling the top 10 best-paying jobs in real estate investment trusts.

Therfore, in case you are someone who is also looking for this, I have you covered! So, keep reading this blog until the end to learn more, and thank me later…

What are Real Estate Investment Trusts?

Real estate investment trusts, or REITs, own portfolios of properties supported by institutional and personal investors.

A common mechanism for this is real estate investment trusts (REITs), which can own lengthy physical assets (like office buildings and shopping centers) and derive revenue through the collection of rent or lease payments.

These businesses create an option for investors to own an actual piece of equity, enabling them to buy stock without having to put up large amounts of capital or assume the responsibilities of ownership.

To put it simply, REITs are a form of public real estate entity that allows for a wide variety of jobs in real estate investment and management for either the residential, industrial, or commercial sectors.

Types of REITs and Career Opportunities

Real Estate Investment Trusts (REITs) are like massive sling pouches of different categories of properties. Like many kinds of fruits, REITs can be invested in different sectors.

These commercial properties would include office buildings where people work or shopping malls where we go shopping. Some additional examples are healthcare facilities, such as hospitals or nursing homes, where people go to receive medical care.

As we know, not all REITs are created equal. They are like ice cream flavors; they still have different tastes. For instance,

Equity REITs are companies that own/manage properties and get paid rent from tenants.
Mortgage REITs either loan money for mortgages or invest in existing mortgages.
Hybrid REITs do a little bit of both.

There is a wide range of occupations that you can accomplish, which makes this variety amazing.

Deal-making is a great fit for an Acquisitions Specialist who searches for new properties to purchase. Moreover, if you have strong numerical skills, you may work as a financial analyst, determining whether those properties are worth the money.

Or, if you have an environmental conscience, you might work as a sustainability manager who promotes green building practices.

REITs present a plethora of chances for lucrative employment. Therefore, in the broad and fascinating world of real estate investment trusts, there’s a place for you whether your forte is building management, spreadsheet crunching, or environmental compliance.

Benefits of Working for REITs

So, now you know about what REITs are and how they operate. But will you have benefits working in this sector? ABSOLUTELY!

There are several pros and cons to a career in Real Estate. However, things are a little different when it comes to REITs. Here are some of the reasons why working for Real Estate Investment Trusts can be a great career move:

1. Good Pay: REITs frequently provide competitive pay. You should anticipate receiving a respectable salary, incentives, and other benefits.

2. Variety of Roles: REITs offer jobs in marketing, law, finance, and other fields. They require a wide range of skills to manage investments and assets.

3. Growth Opportunities: REITs offer the ability to advance your career through various divisions and locations. You can begin in a little capacity and progress to a larger one.

4. Security and Stability: REITs’ primary emphasis is on generating stable cash flow, as they are obligated to distribute the majority of their revenue to shareholders.

5. Diversification: You work with various property types in REITs, such as shopping centers and hospitals. It is about managing assets that people use daily, not only about selling properties.

6. Professional Management: You will collaborate with knowledgeable managers who handle the day-to-day difficulties associated with property management. Additionally, you will have less tension as a result.

7. Passive Income: You can receive dividend payments if you invest in the REIT where you are employed. It’s similar to receiving a bonus for joining the group.

8. Learning Curve: REIT employees must constantly learn new things since the real estate industry is continuously shifting. This keeps their abilities current and their work exciting.

What is the Job Outlook for REIT Professionals?

How many jobs are available in REITs? This is a valid question that you might be thinking of!

Due to the expansion of the real estate market, the need for managers of additional buildings and projects is growing. This increase generates many new jobs for those interested in REITs.

Additionally, REITs own various properties, including retail centers, housing, and offices. This is a reason why real estate factors into business decisions. Because of the variety, you can find a job in finance, management, or another field that best suits your skills.

Moreover, it’s not only about landing a job when working with REITs; it’s about developing a career. Over time, there are opportunities to handle larger projects, assume more responsibility, and advance into higher positions.

Furthermore, because of the industry’s continuous growth, there is a significant demand for REIT specialists. Increased investor interest in REITs also creates additional job opportunities.

Top 10 Best Paying Jobs in Real Estate Investment Trusts in 2024!

Real Estate Investment Trusts (REITs) are a fundamental part of the real estate sector, allowing investors (individuals) to earn a share of the income produced through commercial real estate ownership.

A REIT offers similar diversity and can pay life-changing income in some roles. Wondering what the top jobs in this field pay the most? I have you covered!

The top 10 high-paying jobs in real estate investment trusts in 2024 are as follows:

1. REIT Chief Executive Officer (CEO)

Firstly, the CEO sets the strategic direction for a REIT and is in charge of overseeing the company’s resources, general operations, and important business decisions. Besides, because of the extensive skill set and heavy obligations, the CEO position in a REIT is the highest-paying one.

2. Portfolio Manager

Secondly, portfolio managers decide which properties to buy and sell, and they develop the REIT’s investment strategy. The REIT’s financial stability depends on its proficiency in market analysis and investment strategy, which makes it one of the highest-paying positions in the sector.

3. Real Estate Attorney

Thirdly, we have real estate attorneys. You must have heard of law firms helping companies with their real estate issues. These lawyers, who focus on real estate law, deal with complicated transactions, zoning conflicts, and disputes. Their high salaries result from their legal competence, guaranteeing that all transactions are legal and compliant.

4. Property Appraiser

An appraiser’s evaluation of a property’s value is crucial in a REIT. Their assessments impact investment choices and are necessary for truthful financial reporting. Additionally, they are extremely useful due to their specialist understanding of real estate valuation.

5. Investor Relations Manager

These experts cultivate and preserve connections with analysts and shareholders. They also provide financial data and business plans, which are crucial for a REIT’s reputation and investor trust.

6. Asset Manager

The performance of the investment portfolio is monitored by asset managers. Furthermore, they seek to optimize property values and investment returns by making calculated choices on upkeep and improvements.

7. Financial Analyst

Financial analysts closely examine corporate fundamentals, economic situations, and market movements. Their observations guide REITs’ investment decisions, making their role indispensable for financial planning and analysis.

8. Acquisitions Director

Finding and negotiating the purchase of properties are part of this profession. Furthermore. acquisition directors must be skilled negotiators who can find great investment opportunities and get them at the cheapest price.

9. Leasing Manager

The leasing managers guarantee that the buildings in the REIT’s portfolio are leased to dependable tenants at the best possible rates. Besides, their role directly impacts the REIT’s revenue sources.

10. Sustainability Manager

Lastly, sustainability managers are becoming increasingly important as the sector shifts to environmentally friendly methods. Moreover, they implement plans to make properties more eco-friendly, which can save money and ensure that rules governing the environment are followed.

Wrapping It Up!

In conclusion, the real estate investment trust sector offers a variety of lucrative career paths. The roles mentioned above are not only the best paying but also integral to the success and growth of any REIT.

Furthermore, as the industry evolves, these positions may adapt, but the essence of their contribution to a REIT’s success remains significant.

If you are searching for the top 10 best-paying jobs in real estate investment trusts, I hope that this blog has helped you. If you have any other queries, please let me know. All you need to do is scroll down until you reach the bottom of the page. Then, leave your comments and queries in the box below. I will be there to answer them all for you!

Learn More About:

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.

View all posts

How Many Jobs Are Available in Consumer Services in 2024?

How many jobs are available in consumer services? There are multiple types of jobs in consumer services, and you will have various career opportunities in the industry. Apart from that, most industries in this field offer many opportunities for job growth. Moreover, the US BLS states that there is much potential for new jobs in these areas. In this article, you will learn about how many jobs are available in consumer services. Apart from that, you will also learn about the major job options in this industry. This article also gives you a brief description of the major jobs in this field. Hence, to learn more, read on to the end of the article. What are Consumer Services? According to Indeed.com, “The consumer services field is a sector that focuses on assisting individuals rather than organizations or other businesses. Experts in this field can use human resources, computers, and information technology (IT) to assist customers.” From a business perspective, consumer services have changed their meaning a bit. Here, it includes strategies and processes that a business uses to offer goods and services to people. Here, the transaction is B2C and not B2B. In these cases, businesses do not offer goods and services to other businesses. Basically, the major aim of consumer services is to ensure that the business meets the needs and demands of its customers. Actually, there are a variety of industries that offer consumer services to businesses. These include: Retail Healthcare Hospitality Finance Education Most consumer service companies fall under these industries. Major Industries That Involve Consumer Services The following are the major industries that involve consumer services: Retail Businesses Food and restaurants Transportation and Logistics Travel and Hospitality ECommerce Finance, Insurance, and Banking Telecom Industry Requirements to Work Within Consumer Services Here are the major skills you must have if you want to work within consumer services: Effective communication Problem-solving abilities Active listening Basic technical and software skills Conflict resolution Ability to remain calm under pressure Impact of Automation on Consumer Services: Pros and Cons The following are the major pros and cons of the impact of automation in consumer services: Pros Here are the major pros of automation that benefits consumer services: Better customer experience Higher productivity and efficiency Low chances of human error Cost reduction Customer support even after employee hours Lower pressure on customer service teams Cons Here are a few cons of the automation that negatively impacts consumer services: Job displacement and unemployment Lack of human interaction Technical glitches A lot of dependence on technology Cost of initial implementation How Many Jobs Are Available in Consumer Services in 2024? According to the BLS, employment in consumer services will decline from 2021 to 2031. This is mainly due to the introduction of AI in multiple business processes. However, there are still huge job openings in the industry. For instance, the sector has an average job opening of 390K annually (approx.) However, these are projected openings. Generally, they come from the need to replace employees transitioning out of the industry. Or it includes the ones who are retiring from the workforce. Apart from that, there are some consumer services fields and roles where you will find differences in occupational outlooks. For instance, when it comes to roles like customer service and sales reps, you will see a growth of 4% in the coming decade. On the other hand, sales management roles will see an increase of 5%. On the other hand, professionals who work in the consumer services fields like digital marketing advertising, and promotion expect a 7% increase in jobs. Top 5 Jobs in Consumer Services If you are someone who is looking for jobs in consumer services, the following positions integrate people and money. The following are some of the most popular and important jobs that you will find in consumer services: 1. Concierge Generally, you will find concierges across the hospitality industry and in other sectors as well. However, you will commonly find them in hotels, lodging, travel, and tourism. Basically, a concierge helps guests in tourist centers and hotels. Actually, they will assist customers with lodging and dining reservations. Apart from that, they are also common in transportation services, event planning, and activities. On the other hand, concierges also ensure visiting guests are comfortable. Also, they ensure enjoyable experiences when they stay. Average salary: $41,349 per year 2. Retail Sales Associate You will find retail sales associates assisting customers and providing support in a retail setting. Apart from that, they also answer customer questions. Basically, they play a massive role in customer service. This is to help their stores increase customer satisfaction and sales. According to Coursera, “A retail associate helps customers while they shop, answers questions, and assists in daily store operations. In this role, you serve as a representative of the retail brand and play an important role in the store’s overall success. Retail associates might also be referred to as sales associates or representatives.” Generally, these professionals can also advance in managerial roles. In such roles, they supervise their teams, which interact with their customers regularly. Average salary: $43,169 per year 3. Technical Support Specialist In general, a technical support specialist oversees different customer service tasks. These include answering customer questions and offering solutions to tech problems. Oftentimes, they work for tech companies and offer technical and computer support to customers. On the other hand, tech support professionals also specialize in niche areas. These include software, network, and data security. Average salary: $54,916 per year 4. Academic Adviser Indeed explains, “Academic advisers provide counseling services that help students determine the best academic studies and educational programs to meet their goals. They help students choose and plan out educational coursework, evaluate academic preparedness and provide guidance for academic success.” As the name suggests, academic advisers help students in their admission and placement processes. Generally, they work with admission offices and ensure students receive the necessary educational support. Actually, they work in a public or a private institution and essentially help students assess their career plans. While academic advisers help high school students and others offer guidance to college students. Average salary: $44,719 per year 5. Social Worker According to Coursera, “A social worker is a trained professional who works with all types of vulnerable people, groups, and communities to help them learn to live better lives. Social workers tend to work with populations suffering due to poverty, discrimination, or other social injustices.” Social workers have an important role in ensuring the safety and health of communities. You will find them often working with mental and health care professionals. Apart from that, they also help families and individuals to cope and overcome various challenges. These include illnesses, traumatic experiences, addiction, and disabilities. On the other hand, a social worker also works as a support system for families and individuals. They help them make lifestyle improvements and work towards healthy social goals. Average salary: $58,939 per year Getting a Job in Consumer Services: The Way Forward How many jobs are available in consumer services? Hope this article was helpful for you to get a better understanding of the number of jobs. If you want to work in consumer services, consider working towards your networking and communications skills. This way, you can increase your chances of selection. Do you have more information to share about consumer services? Please share them in the comments section below. Read Also: In Demand Jobs 2024: 11 Roles That Are Skyrocketing In The Job Market Copywriting Jobs 101: Essential Steps To Become A Copywriter

Master’s In Business Analytics: Is It Worth The Effort?

There are many different degree programs that professionals with established careers have looked to as a way of improving their prospects, but a master’s in Business Analytics is one of the newer educational programs on the market. Despite being younger than other traditional business degrees, the master’s in Business Analytics has proven popular, with a range of students looking to give themselves an edge in an increasingly competitive job market. What, exactly, is business analytics, and is it worth the effort it takes to earn one? What Is A Master’s In Business Analytics? Although a business analytics curriculum will vary between institutions and programs, all offerings tend to encompass a few main elements. This includes the advanced use of quantitative and analytical tools to enhance strategic business decisions. Students in this program will become adept at manipulating large datasets and applying this information in real-world settings. As a result, students will be better equipped to make data-backed judgments in a wide range of business and organizational settings. This could include coursework that covers everything from machine learning and algorithms to probability, advanced computation, and more. In addition to giving you the tools to mine and gather this data, it will also equip you with decision-making frameworks to put it to use. Sample modules could include business analytics in practice, big data for decision making, data mining, web analytics, and effective management consultancy. What Skill Set Does A Master’s In Business Analytics Give You? The unique structure and content of master’s in Business Analytics programs give you the opportunity to develop and refine many of the technical skills that are demanded by employers across a wide range of industries and sectors. These include the course master in business analytics. Problem-solving skills: Develop competence by using analytical tools along with multiple SEO techniques. That produces effective team management and changes it within a data-driven team along with other organizations.Strategic decision-making: Uncover patterns, correlations, market trends, and customer preferences that can be used to make informed decisions in commercial environments Analytical enterprise: Refine your analytical skills and learn how to apply software packages, machine learning, textual analysis, and predictive modeling With this in mind, here are some of the main benefits associated with a master’s in Business Analytics degree: Increase your earning potential by becoming a candidate for senior management positions Create career options in a diverse range of sectors and industries Increase your influence within your current business or organization Equip yourself with an increasingly in-demand set of skills Build confidence in your own analytical and decision-making abilities Are Masters In Business Analytics Graduates In Demand? The skills that a master’s in Business Analytics provides you with are in high demand these days, which is another benefit of pursuing this program. You know what the analytics meaning is. In fact, the commercial demand for graduates who can analyze data and put it to use, solving complex business problems, has never been higher. There are two broad trends creating this demand. Firstly, businesses are more sensitive than ever to the need to use data when making business decisions. In addition, businesses are now able to capture an increasingly diverse and voluminous array of data using a variety of different tools. However, while businesses and organizations realize just how important big data is to their organizational or commercial outcomes, they are also faced with a deficit of qualified individuals who can make use of this data. The national labor database Burning Glass has recently reported a 14.3% rise in business analyst jobs. Similarly, the Bureau of Labor Statistics has indicated that the job prospects for business analytics graduates have never been higher. For those who are weighing the risks of undertaking a business analytics program, particularly given the costs associated with them, this can be viewed as a positive sign that you will likely see a return on your investment. Although the demand is high for these skills, what specific career options will master in Business Analytics graduates have open to them? Career Options For A Master’s In Business Analytics Graduate Although the master’s in Business Analytics degree is open to individuals with essentially any academic or professional background, graduates of this program have found themselves in the following roles after graduation: Data scientist Business analyst Data analyst Digital strategy manager Digital or business consultant Business data analyst Ultimately, this is only a small selection of the career options that are available to graduates of this program. For example, graduates of the master’s in Business Analytics program from Aston University have ended up working in a wide range of different fields and disciplines, the human resources and strategic management-related operations, along with marketing and accounting. This includes postings at some of the world’s most valuable companies, such as Unilever, Lloyds TSB, Deloitte, and Rolls-Royce. Who Is A Master’s In Business Analytics Suited To? A master’s in Business Analytics is worth investing in if you want to learn how to interpret data and put it to use, solving complex organizational or commercial problems. It is also useful if you want to increase your decision-making abilities, particularly if you are looking to increase your career prospects at the senior management level. In both cases, a master’s in Business Analytics will give you the edge in an increasingly data-driven economy. Is It Worth The Effort? With all these benefits and potential career prospects in mind, you may still be wondering if a master’s in Business Analytics degree is worth the effort. Ultimately, the answer to the question depends entirely on your own individual circumstances. If you are perfectly happy in your current job and don’t want to commit to an intellectually rigorous program of study to advance your career, there is certainly no requirement to undertake one. However, if you have a sense that you are beginning to hit a wall in the progression of your career or you feel that you need to upskill in order to apply for more senior roles, a master’s in Business Analytics degree could be just what you need. Additionals: What Are The Features Of SAP Business One? Crucial Role of Content Marketing in Local Business How Can Master Data Management Help Your Business? 10 Must-Have Marketing Tools To Add In Small Business Growth Strategies!

Finding Your Dream Career: 5 Useful Tips for you to Research about a Company before You Apply

Working out of necessity is what mostly everyone can relate to; working because you love your job is rare. If you are looking for a change, a different job, something that makes you feel useful and joyful, you need to research the company before you apply. If you research a company through an online site like Hush, you will get to know many things about that business. You will learn about the salaries as well as the office hours and what is expected of you as an employee. Best of all, research will give you an idea of whether you will fit in and like the position or not. Below are 5 useful tips to help you research a company before you apply there. This could help you find your dream career. 1. Go to The Source When researching a company, always go to their website. This is where you will find the "About" section. Read this part carefully as it will tell you how the company came into form and why. You will want to read the "Who-is-Who" section of the website as well. You don't have to commit any of this to memory, but you should know who the top people are in the company you want to work for. Also, read over the “Mission - Vision Statement” because this is where you will find out what the company stands for and why. 2. The Company's Competitors When looking at a company you are considering applying for, look at their competitors as well. Unless the business is so unique it has no competition, there is always another company who is doing the same thing. You would want to know the reason behind the opposition so you can discuss possible ways to improve the business if you get the job. Knowing what others are doing and either doing the same or better, is always a plus to the bosses. 3. Network Find an employee list and see if you know any of them. If you do, great, you can talk to them and ask how they like the job and the company. If you don't know any of the employees, ask your friends and family if they know anyone who is working there or had worked at some point. Talking to former and current employees will give you an "insider’s" look at how the company treats their employees. If you live in a smaller town, you could find an employee much easily. Getting a firsthand account of the working conditions allows you to make more informed decision on whether or not you want to work at this company. 4. Business Reports Not every company is featured in a nationwide magazine, but a lot of cities have local business magazines. Check at the public library, or online, and find out if the company you are researching has ever had an article written about them. Even the local newspaper could have a write-up or two about the company you are considering. Try to find any and all media, both good and bad, about the company to help you make a better decision about working for them. 5. Charity Through the company's website, you may be able to discover if they support a certain charity. A company that shares its wealth is worth taking a second look at as a possible employee. Armed with information, you can wow the interviewer and hope to become the next employee of the month. Read Also: Don’t Get A Second Job: 10 Unconventional Ways To Make Money Discuss With Your Web Designer And Explain What You Want Before Starting The Job Do I Have Enough Super To Retire: Considerations Before Leaving Your Job

Top 10 Best Paying Jobs in Real Estate Investment Trusts in 2024!