The world of a real estate investment trust is exciting. As a firm that manages Real Estate properties, it is one of the investments that will help you get high returns at a lower risk and less stress. The reason is that the Real Estate industry thrives daily, and the more it expands, the more significant money-making opportunities it creates.
Getting a job in a Real Estate investment trust is a done deal because of the high chance you’d get to grow your career and gain financial independence. With Real Estate jobs like a broker, Attorney, Investor, acquisition specialist, etc., you’re sure to grow and step up your game.
However, when you need a job that pays well in a Real Estate investment trust, you must possess specific qualifications that will grant you success. Here, we’ve outlined the 15 best-paying jobs in Real Estate investment trusts and the qualifications you need to get started.
15 Best Paying Jobs In Real Estate Investment Trusts
The number of jobs in real estate investment trusts (REITs) is dominated by those that are filled by real estate agents, managers, and brokers. These jobs are highly diverse in nature, but they all share a common element: each revolves around property sales and management.
As a job seeker in the Real Estate investment trusts who possess the skills of proper research and analysis, here are some best-paying jobs you can hop on.
1. Job Acquisition Specialist
The job acquisition specialist is responsible for purchasing properties from companies or sponsors. They help to source for and research Real Estate properties. They also analyze and evaluate the purchase to know if it’s worth buying. If it’s worth buying, they purchase and legalize the investment deals.
Furthermore, they are responsible for preparing the legal documents and financial reports attached to the purchase and ensuring that the deal transaction is smooth.
Qualifications And Requirements For Job Acquisition Specialist
- You must have worked for another firm and acquired a minimum of one year’s experience.
- Have good communication and interpersonal relationship skills.
- Obtain a 4-year degree in Real Estate, finance, and business administration.
- Be mentally sound enough to handle pressure.
2. Investment Consultant And Manager
As an investment consultant, anyone who wishes to invest in Real Estate will first come to you. The reason is that you’re responsible for conducting extensive research that will guide the client against making an investment mistake.
Your task is also to help the client get it right with their investment deal by giving expert advice and recommendations that will maximize their profit on ROI.
Qualifications And Requirements For Investment Consultant And Manager
- You must have a 4-year degree in finance ethics or business administration.
- You must have worked with a firm for at least two years.
- Develop your financial service skills.
- Have excellent interpersonal skills.
- Be fluent in your communication.
- Possess the ability to manage wealth.
3. Property Developer And Manager
Property managers are responsible for the maintenance of Real Estate properties. They are also directly involved with the leasing of the property, budget improvements, and record keeping.
Additionally, they conduct inspections to know if the property is in good condition. Doing this helps to manage risk and maximize the property’s profit. A property manager is a middleman between the owner and intending tenant.
Qualifications And Requirements For Investment Consultant And Manager
- You must have a degree in finance ethics or business administration.
- Develop effective communication and problem-solving skills
- Be organized and pay attention to details.
- If you are an indigene of the state where the property is, it will also give you an edge.
- Obtain a Real Estate license.
4. Real Estate Investor
Real Estate investors are directly involved in the buying and selling real estate properties. They perform the duties of sourcing leads and preparing financial budgets and reports. They also relate well with estate attorneys to ensure that all the properties have legal compliance.
Real Estate investors also inspect properties to ensure it’s in good condition. Before a buyer makes a purchase, they analyze the property to be sure it is worth the investment.
Qualifications And Requirements For Real Estate Investor
- Develop strong analytical and interpersonal skills.
- Get a four-year degree in business administration.
- Have at least three years of working experience in a Real Estate firm.
- Be proficient in writing and communication.
5. Real Estate Loan Officer
Just as the name implies, estate loan officers analyze and authorize loans. They’re directly involved in giving financial aid, updating the records account, and reviewing files from potential loaners.
They also act as the liaison between the Real Estate firm and the loan applicant. They interview loan applicants to ensure that their loan request is reasonable. Also, they create loan proposals and payment plans.
Qualifications And Requirements For Real Estate Loan Officer
- As a loan officer, you must possess good writing and communication skills.
- You must be computer literate.
- Developing your sales skills is also necessary.
- You must have a bachelor’s degree in finance ethics and management.
6. Real Estate Broker
Real Estate brokers act as the middleman between the property owner and the buyer. They help to advertise and promote properties through networking and attractive marketing strategies. Also, they organize and create a list of available properties for sale.
Real Estate brokers are also responsible for managing investment deals and processing sales transactions. You can also call them the administrators because they are in charge and handle the bulk work of the Real Estate firm. However, their job is slightly different. Although their job description is the same as agents, they are licensed to work independently.
Qualifications And Requirements For Real Estate Broker
- As a Real Estate broker, your desire shouldn’t be just an attractive salary. You should be knowledgeable about the company and the services it offers.
- Be an excellent communicator.
- Develop interpersonal skills to enable you to relate with the clients.
- You should have good marketing skills that will enable you close deals.
- Develop proficiency in using software like Excel and MsWORD.
- Obtain a broker license.
- Have the ability to multitask.
- A degree in finance and business management is also a plus.
7. Leasing Consultant
Leasing consultants research and help landlords find qualified tenants and buyers for their properties. They help market and present available properties to potential clients. They’re always up to date with the market status and ensure the structures are in good condition.
The leasing consultant also acts as the liaison between the property owner and potential buyers or renters. Also, they always ensure the property doesn’t stay vacant for long.
Qualifications And Requirements For Leasing Consultant
- As a leasing consultant, you must know about the property and its location.
- You should also understand estate and housing laws.
- Have the ability to communicate effectively.
- Develop your sales and persuasive skills.
- Be proficient in using applications like MsWORD.
- You’ll be responsible for answering queries and booking appointments.
- You will also be in charge of processing leasing applications and running background checks on each tenant or buyer.
8. Estate Surveyor
The estate surveyor is also known as a Real Estate valuer. They are responsible for the management of landed properties(checking land boundaries) and managing property leasing. They also help to upgrade the company’s portfolio and act as the liaison between the company and potential clients.
Estate surveyors also keep the business documents of the company and value properties to know if they’re worth buying. In addition, they are responsible for attending to the inquiries people ask.
Qualifications And Requirements For Estate Surveyor
- Have a degree in business management.
- Have integrity and develop good communication skills.
- Develop your confidentiality skills.
- You must also have a driver’s license with at least two years of experience.
- You must be computer literate. Be proficient in the use of MsWORD, Excel, and PowerPoint.
- Develop good communication skills and learn how to pay attention to details.
8. Estate Marketers
Estate marketers are the company advertisers. They’re responsible for the promotion of the company to enhance sales. They also help book appointments for potential clients and interview them to know the kind of property they like.
Estate marketers keep property owners informed by updating them on the current changes in general market prices and legal requirements. Sometimes, they also help to inspect the property to know if it’s in good shape.
Qualifications and Requirements For Estate Marketers
- Being an estate marketer requires the skills of an expert.
- You don’t need a degree to get started, but you must be able to communicate.
- Be proficient in using software tools like MsWORD and social media platforms.
- Be a good video content creator.
- Be creative and intelligent.
- Learn the basics of web development and Email Marketing.
9. Real Estate Sales Associate
Real Estate sales associates assist the company in growing its sales game and maximizing profit. They nurture the relationship between the clients and the company by keeping tabs on the clients through messages or calls.
Real Estate sales associates are responsible for overseeing the sales progress of the property from start to finish. They also hold consultations to assist clients with their inquiries.
Qualifications And Requirements For Real Estate Sales Associate
- You must possess excellent networking and communication skills.
- Develop your time management skills.
- You don’t need a degree to start. You’re good to go with your skills and a few years of experience.
- Be familiar with the rules and regulations of the local market.
10. Real Estate Operations Engineer
A Real Estate operations Engineer is responsible for handling the overall property operations in a Real Estate firm. They work directly with the architect to maintain the properties and ensure that the designs are up to standard.
A Real Estate operations engineer also ensures that the property is safe from all harm. With their technical abilities, they help to boost the firm’s productivity by checking and calculating the accuracy of the building plans.
Qualifications And Requirements For Real Estate Operations Engineer
- A Real Estate operations engineer must possess leadership skills.
- You must know how to use tools efficiently.
- You must stay up to date with current trends and designs.
- As a sound operations engineer, you should be able to implement basic engineering principles and also keep tabs on how to avoid errors.
11. Safety Director
The safety director is in charge of the safety of all workers in the firm. They handle the health policies of the firm by staying up to date with quick solutions that can help the company sort out minor and major health issues like accidents and injuries.
They also set up a committee that helps tackle the issues that may likely cause harm to the workers in the firm and devise possible means to solve them.
Qualifications And Requirements For Safety Director
- Possess good leadership skills.
- Have the ability to spot technical errors that may cause harm on time.
- Have a degree in health and safety management. This also includes a minimum of three years of working experience.
- Possess good communication skills.
- Be physically fit to handle the job.
12. Real Estate Home Inspector
Real Estate home inspectors inspect homes and properties and ensure they’re valuable for purchase. They assess the properties to be sure that the security, amenities, wiring systems, etc., are intact.
During the inspection, they also take note of the aspects of the property that needs restructuring, then collaborate with the operations engineer to know the repair cost.
Qualifications And Requirements For Real Estate Home Inspector
- As a property or home inspector, you must have good observation skills.
- You must obtain a license to allow you to operate.
- You must have some basic knowledge of how home systems work.
- Be excellent in good organization and communication skills.
- You must be proficient in computer skills.
13. Real Estate Sales Representative
Real Estate sales representatives are responsible for assisting clients in buying properties. They also offer advice on new market trends and the easiest ways to navigate them.
In addition, they collaborate with estate marketers to promote the company’s properties to make it reach potential clients. They conduct market research on properties to know what is valuable and worth purchasing.
Qualifications And Requirements For Real Estate Sales Representative
- You must possess good communication and sales skills.
- Possess a character and attitude that makes you trustworthy.
- Have a legitimate record of past sales.
- Have the ability to work independently under less supervision.
14. Real Estate Attorneys
Real estate attorneys specialize in legal issues within real estate, such as drafting contracts and performing title searches. If you’re looking to start a career in real estate investment trusts (REITs), it may be helpful to know the job prospects for real estate attorneys.
Real Estate attorneys handle all the paperwork of the Real Estate Trust. They prepare and review all the company’s property document to ensure it is legal and meets the standard.
Qualifications And Requirements For Real Estate Attorneys
- You must possess a degree in Law.
- Have good communication skills.
- Possess self-confidence and pay attention to details.
- You must have a license to operate.
15. Mortgage Loan Officer
The mortgage loan officer is the first contact point for borrowers needing a home loan. He or she works with the client to determine what kind of home to buy and how much money they can borrow. When you call on a mortgage loan officer, he or she will be able to walk you through getting a loan and ensure that you qualify for the lowest possible interest rate and best terms.
In return for this service, a salary of $78,920 a year can be expected in addition to commission payments every time a person successfully buys or refinances a home.
Qualifications And Requirements For Mortgage Loan Officer
- You must obtain a license to allow you to operate.
- You must have some basic knowledge of how home systems work.
- Be excellent in good organization and communication skills.
The real estate industry is one of the most profitable investments for people wanting to be self-employed. Whether you’re a student looking for a part-time job or want some experience in the field, working for a REIT is an option worth exploring. REITs are a great way to get into the real estate industry without starting your own business.
The real estate investment trust is a fast-growing industry that offers daily job opportunities. Asides from that, it’s very lucrative and offers you the opportunity to grow your financial and career life.
