If you are wondering how many jobs are available in real estate investment, trusts, and REITs, you’re not alone. More than 308,000 people are employed full time by real estate investment trusts and another 2.9 million people are indirectly employed by real estate investment trusts. A real estate investment trust is an organization that oversees all aspects of a real estate project. These professionals must ensure that the trust’s assets are profitable, while overseeing the real estate portfolio.
REITs are not much different than real estate stocks. The main difference is the way REITs are traded. Most REIT trades are based on a discount rate of their net asset value. Because they’re so liquid, REITs are an excellent alternative investment strategy, and can help investors manage the risk associated with property markets and regional economic shifts. Unlike real estate stocks, REITs don’t involve the high-risk that comes with owning commercial properties.
A career in real estate investment trusts can be highly lucrative, but it is also challenging and involves a wide variety of tasks. The most common job within this industry is real estate investor, where the goal is to increase the value of real estate and resell it for a profit. There are many challenges involved in this field, as you must know the ins and outs of buying and selling property. Moreover, thorough market research is needed to get a decent return on investment.
If you’re interested in becoming a real estate investment trust employee, there are several ways to get started. First, you can pursue a degree in real estate and REITs. You can also take courses on sustainable building practices. In addition to a college degree, you can earn a salary and benefits package that are commensurate with the level of education you have. But a career in real estate investment trusts requires more than just a bachelor’s degree.
Alternatively, you can become a property manager. A real estate investment trust typically works with third-party property managers. In these roles, you can work on behalf of the real estate company and ultimately rise to a management position governing several locations. As a property manager, you will earn a high salary, typically ranging between $45,000 and $59,000. In the United Kingdom, this salary is equivalent to approximately PS26,043 to 36,812 per year.
Real estate investment trusts invest in both residential and commercial properties. The latter category includes office buildings and warehouses, as well as movie theaters and shopping malls. The residential sector includes residential properties, manufactured homes, and student housing. Other REIT sectors include retail, mortgage, and infrastructure. A REIT may be equity or mortgage-backed. When you buy a property, it’s best to choose a company with a solid balance sheet.
A person with minimal qualifications but a lot of experience will be needed to get a job in a real estate investment trust. The job requires interaction with clients, selling and renting properties at the highest price, and managing the flow of communication within the organization. Another position that requires little education but can offer a six-figure salary is a project developer for an REIT. These professionals use financial tools to analyze the properties a REIT is considering purchasing.