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Top 10 Best Paying Jobs in Real Estate Investment Trusts in 2023
If you’re interested in the real estate market or college majors that make the most money but aren’t sure about a specific role, exploring the best-paying jobs in real estate investment trusts could be a great option. Jobs like the Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer are already well-known within the REIT industry as some of the best-paying jobs. However, we’re going to dig a bit deeper with our list.
Let’s discuss the job opportunities available at real estate investment trusts, including estimated salary ranges, job responsibilities, and qualifications for each job.
The 10 Best Paying Jobs in Real Estate Investment Trusts
Real Estate Acquirer
A Real Estate Acquirer is one of the best-paying jobs in real estate investment trusts. After conducting research and analyzing the numbers, the Real Estate Acquirer takes over the process. This person manages the negotiations and acquisitions of a REIT. Their goal is to make sure that the company is paying a fair price for its properties.
Estimated Salary
$140,000-$200,000
Job Responsibilities
Understanding the right price to pay for each property or piece of land
Negotiating deals
Qualifications
Finance, business, or economics degree
Analytical skills
Soft skills like expert negotiation
Composed personality under pressure
Lawyer
You don’t have to be a real estate agent to work for a real estate investment trust!
Real estate attorneys are very important to real estate investment trusts. Working for a REIT can be one of the most lucrative jobs for lawyers who already specialize in corporate law, the legal requirements of the real estate industry, or contracts.
A real estate attorney will work closely with the real estate agent that’s handling the deal, company executives, real estate brokers, and more.
Estimated Salary
$100,000-$150,000
Job Responsibilities
Manage all the legal paperwork and real estate documents behind operating a REIT, closing each deal, and managing properties
Represent the REIT during negotiations
Qualifications
Law degree with a license to practice
Exceptional negotiation and problem-solving skills are required for real estate attorney jobs
REIT Investor
A REIT Investor is one of the best-paying jobs in real estate investment trusts. They spearhead real estate investing decisions from the acquisition of the real estate properties right through to selling. They also develop real estate business ideas that could be good investments.
In addition to managing these real estate investment decisions, a REIT Investor also manages investor relationships. Nurturing these investor relationships is important to sustaining the business and earning future deals.
Estimated Salary
$130,000-$160,000
Job Responsibilities
Leading the acquisition and selling processes
Building and managing investor relationships
Qualifications
Bachelor’s degree in finance, economics, or business
Investment Analyst
An Investment Analyst is one of the highest-paying jobs in real estate. They analyze various real estate properties to determine which ones will be a good investment for the REIT. They’re very important in the real estate sector because they advise higher-ups on the company’s investing strategy.
Investment Analysts provide value for decision-makers within real estate investment trusts. They do this by providing them with their recommendations on investing in a specific real estate property.
Estimated Salary
$100,000-$130,000
Job Responsibilities
Research potential properties to see if they’re a viable option for real estate investors to acquire
Collaborate with the finance and acquisition teams to provide insight into properties
Qualifications
Bachelor’s degree in business or finance
Superior research and analytical skills
Site Acquisition Specialist
A Site Acquisition Specialist handles the details of each property purchase. This includes the contractual obligations and technical details of each deal. They must understand building codes, leasing capabilities, entitlements from local governments, and more.
Estimated Salary | $130,000-$160,000 |
Job Responsibilities | Manage the details and technicalities of each acquisition to make sure all legal and contractual requirements are met |
Qualifications | Bachelor’s degree in business, finance, or economics Attention to detail Knowledge of building codes, leasing requirements, and more |
If you want to learn how to make a million dollars, whether through a lucrative career in real estate investment trusts or your own business, we have tips for you.
VP of Marketing
There are other ways to work in the real estate industry besides becoming a property manager!
Not only is being the Vice President of Marketing one of the best-paying jobs in real estate investment trusts, but it’s also fun. The VP of Marketing promotes the business itself to bring in new clients and investors. After deals are made, this person would also be responsible for marketing the properties.
Estimated Salary
$130,000-$160,000
Job Responsibilities
Creating and executing marketing campaigns that bring in new business and acquire new investors
Marketing properties with either B2B or B2B tactics
Qualifications
Degree in marketing, public relations, or communications
Creativity and business savvy
Management skills
REIT Analyst
A REIT Analyst is crucial to the success of real estate investment trusts. After conducting thorough research, a REIT Analyst will advise real estate investors on the potential of each property.
Their reports provide insight into potential real estate investments. They include thorough research and strategy for each residential and commercial property. The information provided in the investment reports will help determine which real estate investments are good decisions to attract investors.
Estimated Salary
$75,000-$100,000
Job Responsibilities
Research economic factors and analyze potential acquisition and investment opportunities
Provide the intended strategy for viable properties
Collaborate with the acquisition and finance team
Qualifications
Finance degree
Real Estate Broker
Think of real estate brokers as a level up from being a real estate agent. Brokers are licensed, which allows them to work independently and employ their own team of agents.
Working as a real estate broker for real estate investment trusts means you can employ your own team of agents working on closing deals for the REIT. This can either be done in-house or as your own separate brokerage.
Estimated Salary
$100,000-$160,000
Job Responsibilities
Analyze the real estate market in order to be able to expertly negotiate deals
Manage your own team of real estate agents
Qualifications
Real estate broker license
Detail-oriented
Soft skills like expert negotiation
Property Developer
Property Developers are responsible for hiring and managing contractors while staying on budget for commercial and residential properties. One of the more complicated jobs in real estate, they see the project from its planning stage through to completion. Working as a Property Developer or a Real Estate Developer is one of the most important and stressful real estate investment jobs.
Estimated Salary
$80,000-$100,000
Job Responsibilities
Manage multiple complex projects simultaneously from acquisition to completion
Ensure the successful and on-budget completion of projects
Qualifications
MBA (preferably in business or real estate)
Superior project management skills
Previous experience that’s directly relevant to this role
Property Manager
Working in property management is one of the best-paying jobs in real estate investment trusts that you can work toward with only a high school diploma.
Property Managers in the real estate investment industry have varied roles depending upon the needs of each REIT. For example, a Property Manager could handle apartment complexes, commercial buildings, or shopping centers, satisfying the demands of property owners, occupants, and investors.
Estimated Salary
$70,000-$120,000
Job Responsibilities
Managing residential and commercial properties
Qualifications
A bachelor’s degree is recommended but not required
Relevant experience is recommended but not always required
Expert managerial skills
Communication skills
Different Types of REITs
Now that you have a list of the best-paying jobs in real estate investment trusts, let’s explore the different sections of the REIT industry you can specialize in.
Medical REITs
Medical real estate investment trusts focus their efforts on commercial real estate like hospitals, clinics, research centers, and other healthcare facilities. As the medical industry is also a lucrative industry, working for a medical REIT can offer professionals some of the best-paying jobs.
Debt Real Estate Investment Trust
A debt REIT focuses on providing loans to its real estate investment clients who want to acquire residential and commercial real estate. This type of real estate investment trust makes its money from the interest on the loans they provide to other real estate developers and investors.
Merchandise REITs
A merchandise real estate investment trust focuses on the retail industry. This includes malls, supermarkets, and department stores.
These types of real estate investment trusts can act as the property manager for malls and other shopping centers and provide financing for property buyers and lessees.
Domestic Real Estate Investment Trust
The domestic sector of the REIT industry deals with creating communities, apartment complexes, and other housing developments.
Equitability REITs
A real estate investor backs an equitability real estate investment trust. These types of REITs will find opportunities in the form of residential properties like apartments and commercial properties like resorts. They then present them for approval by their investors. After the real estate transaction is approved, the REIT will manage the project and provide a portion of its profits back to its investor.
What’s it Like to Work for a REIT?
Working for real estate investment trusts is a fast-paced environment continually changing as new acquisitions and sales occur. It involves traveling, managing relationships, and familiarizing yourself with an ever-changing portfolio of properties.
The people you’re going to work with are highly experienced and good at what they do, which creates an environment of hard-working people who want to advance and earn more. It can be a motivating and competitive environment. Depending on your personality and preferred company culture, this can be a good or bad thing.
Benefits of Working for a REIT
While it does pay well to work for a REIT, what other benefits does it provide?
Additional benefits of working for a REIT include:
- Added job security: Even as the economy and industry fluctuate, one of the biggest benefits of working for a REIT is knowing your industry and job will always be needed. Even when the market and economy fluctuate, there will always be a need to manage, develop, acquire, lease out, and sell residential and commercial properties.
- Opportunities to advance your career: As you continue developing your skills and gaining more experience, there are ample job opportunities for advancement within the REIT industry.
- Flexible work environment: Many REITs provide employees with a flexible work environment, allowing them to make their own schedules while still getting their work done.
- Additional earning opportunities: A REIT already provides well-paying jobs, it also typically offers bonuses and stock options that empower employees to earn even more.
Final Thoughts on the Best Paying Jobs in Real Estate Investment Trusts
In addition to offering some of the best-paying jobs, working for real estate investment trusts can provide job security, advancement opportunities, and a fast-paced working environment.
Now that you have more information about the types of well-paying jobs available in the industry, you can decide if working for real estate investment trusts is right for you!
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Samsung: 6-Day Workweek For Execs, Company in Emergency Mode
Four-day workweeks might have all the buzz, but one major tech company is going in the opposite direction.
Samsung is implementing a six-day workweek for all executives after some of the firm’s core businesses delivered lower-than-expected financial results last year.
A Samsung Group executive told a Korean news outlet that “considering that performance of our major units, including Samsung Electronics Co., fell short of expectations in 2023, we are introducing the six-day work week for executives to inject a sense of crisis and make all-out efforts to overcome this crisis.”
Lower performance combined with other economic uncertainties like high borrowing costs have pushed the South Korean company to enter “emergency mode,” per The Korea Economic Daily.
Related: Apple Is No Longer the Top Phonemaker in the World as AI Pressure and Competition Intensifies
Executives at all Samsung Group divisions will be affected, including those in sales and manufacturing, according to the report.
Samsung had its worst financial year in over a decade in 2023, with the Wall Street Journal reporting that net profit fell 73% in Q4. It also lost its top spot on the global smartphone market to Apple in the same quarter, though it reclaimed it this year.
Though employees below the executive level aren’t yet mandated to clock in on weekends, some might follow the unwritten example of their bosses. After all, The Korea Economic Daily reports that executives across some Samsung divisions have been voluntarily working six days a week since January, before the company decided to implement the six-day workweek policy.
Entrepreneur has reached out to Samsung’s U.S. newsroom to ask if this news includes executives situated globally, including in the U.S., or if it only affects employees in Korea. Samsung did not immediately respond.
Research on the relationship between hours worked and output shows that working more does not necessarily increase productivity.
A Stanford project, for example, found that overwork leads to decreased total output. Average productivity decreases due to stress, sleep deprivation, and other factors “to the extent that the additional hours [worked] provide no benefit (and, in fact, are detrimental),” the study said.
Related: Samsung’s Newest Galaxy Gadget Aims ‘To See How Productive You Can Be’
Longer hours can also mean long-term health effects. The World Health Organization found that working more than 55 hours a week decreases life expectancy and increases the risk of stroke by 35%.
The same 55-hour workweek leads to a 17% higher risk of heart disease, per the same study.
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John Deere Hiring CTO ‘Chief Tractor Officer,’ TikTok Creator
This article originally appeared on Business Insider.
Agriculture equipment company John Deere is on the hunt for a different kind of CTO.
The brand on Tuesday announced a two-week search to find a “Chief Tractor Officer” who would create social media content to reach younger consumers.
One winning applicant will receive up to $192,300 to traverse the country over the next several months showcasing the way John Deere products are used by workers, from Yellowstone National Park to Chicago’s Wrigley Field and beyond.
“No matter what you do — whether it’s your coffee, getting dressed in the morning, driving to work, the building you go into — it’s all been touched by a construction worker, a farmer, or a lawn care maintenance group,” Jen Hartmann, John Deere’s global director of strategic public relations, told AdAge.
To kick off the search, John Deere tapped NFL quarterback Brock Purdy (who will presumably be a bit busy this Fall to take the job himself) to star in a clip in which he attempts to set out on a road trip in an industrial tractor.
Suited up in the obligatory vest, work boots, and John Deere hat, Purdy’s progress is interrupted by teammate Colton McKivitz hopping into the cab while a string of messages floods in from other athletes and influencers expressing interest in the job.
The clip also represents the first time that the 187-year-old company has used celebrities to promote itself, Hartmann told AdAge.
According to the contest rules, entrants have until April 29 at midnight to submit a single 60-second video making their pitch for why they should be the face and voice of the company.
In addition, entrants must live in the 48 contiguous states or DC — sorry Hawaii and Alaska residents. Interestingly, any AI-generated submissions are prohibited, too.
Videos will be judged against four categories — originally, creativity, quality, and brand knowledge — after which five finalists will be chosen and notified after May 17.
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How to Capitalize On This Thriving Talent Pool to Drive Your Company’s Growth
Opinions expressed by Entrepreneur contributors are their own.
As business operations shift, executives and entrepreneurs are increasingly turning to an on-demand workforce that is simultaneously empowered by technology and drawn to purpose-driven projects.
Consider Upwork, whose 2020 Future of Workforce Pulse Report revealed that nearly 80% of hiring managers engaging freelancers feel confident about doing so. These hires provide coveted expertise — on a project-to-project basis — that entrepreneurs need to scale their operations without incurring long-term overhead costs.
This new market paradigm also promotes dynamism, with 79% of businesses agreeing that freelance talent enables greater innovativeness. Perhaps most telling, 84% of hiring managers utilizing it feel more assured about adapting to future disruption, compared to just 69% of those relying solely on full-time staff.
By capitalizing on freelance marketplaces, entrepreneurs can amplify employer branding, augment capabilities and future-proof organizations, even amid turbulence. As nearly 60% of hiring managers plan to increase engagement with freelancers over the next two years, the time is now for executives to realize their inherent potential.
Related: Navigating the Great Reshuffle: Why Your Employer Brand is Key in Recruiting Talent
The job market continues to shift
After a season of massive hiring, we’re back to seeing layoffs and downsizing. Companies are feeling the bloat—from unused office spaces with rising rent to oversized employee structures — and are shifting focus to hiring only the most essential positions. This leaves a critical talent gap needed for complex projects and specialized tasks. Highly skilled and specialized independents can fill this void.
A few key benefits to engaging them:
• Access to niche experts: Platforms like Toptal and Guru provide access to elite professionals from leading Fortune 500 companies and innovative startups. Whether the need is for a machine learning specialist, growth strategist or financial modeler, entrepreneurs can now curate on-demand teams that boast specialized skillsets, enabling them to focus investment on projects with the highest strategic value.
• Enhanced agility: Leading corporations increasingly “rent” skills by tapping freelance experts for initiatives involving new technologies or while entering unfamiliar markets. With niche contributors available to plug knowledge gaps, owners can explore ideas that once seemed unrealistic due to internal constraints—unlocking inventiveness and first-mover advantage.
• Stronger employment brand: Blending full-time employees with project-based freelancers signals a commitment to modernization and work-life balance. Offering both engaging work and flexibility will help draw exceptional candidates and help you compete with corporate giants for top-tier talent.
Related: Can Retirees Thrive in the Gig Economy? Navigating a Changed Workforce
Tips for capitalizing on gig talent
Having explored the forces reshaping work, executives may wonder how to effectively leverage freelance platforms. After all, how can you know you’re getting your money’s worth if a hire isn’t physically present full-time?
• Define projects clearly: Contract hires thrive when expectations and deadlines are established upfront. So, clearly, detail needs around deliverables, success metrics, required skills and projected time investments. Staying ahead when it comes to communication and expectations will help avoid headaches, including delays.
• Build loyalty with talent: The best independent professionals have options regarding the projects they accept. Study their profiles to discern passions and incentives. Offer interesting work, flexibility and strong communication to motivate interest and improve results.
• Manage collaboration: Provide steady context, feedback and guidance at each project stage, but also foster autonomy, even while directing efforts toward strategic goals. A dynamic balance of these qualities drives optimal outcomes.
• Continue expanding your talent pool: Add proven freelancers to an internal database for repeat engagements, and notify talent about new initiatives for which their expertise would provide an edge. Uncovering additional ways, freelancers can enhance the business deepens the relationship.
Related: Fill Your Talent Gap by Sourcing Candidates From the Veteran Community
Top platforms for connecting with talent
Now comes the hard part: finding contractors who bring fractional expertise sets. There are a growing number of platforms, of course, but I’ve found that the following stand out as leaders:
Fiverr: Ideal for execs seeking design, digital marketing, writing, video and admin support. Known for affordability and ease of posting jobs. It taps a global talent pool, too.
Upwork: A flexible platform that spans more than 150 skills. Used by everyone from small businesses to global enterprises. Strong at IT, development, design, finance and consulting.
Toptal: Focuses exclusively on the top 3% of talent. Best for expert software developers, designers, project managers and finance experts. All contributors are extensively vetted.
Contra: A growing independent platform that vets and connects both job candidates and hiring companies. Best of all, it doesn’t take a commission from projects.
Related: 3 Strategies to Optimize Your Hiring Process and Find the Best Employees
The numbers speak for themselves: businesses engaging freelance professionals report greater confidence and competitiveness, as well as the ability to withstand turbulence, yet legacy beliefs can still cause hesitancy among those keen to hire. Supported by such specialized collaborators, companies can explore new horizons unencumbered by a one-time narrow view of staffing models.
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