Numerous people are employed in the real estate sector in various positions. According to the BLS, there will be 1.855 million people working in the real estate sector as of February 2023. More persons may be employed in some occupations than others. As an illustration, there will be around 144,000 real estate sales agents and 44,000 real estate brokers in 2021.
According to some projections, the REIT sector employs around 326,000 people, while REITs themselves indirectly support 3.4 million employment. You may anticipate that 1000–2000 positions are opening in the industry at any moment, depending on your area and the state of the market.
You may check the number of job openings for a particular position in the real estate investment trust sector to see whether it is in great demand to improve your chances of landing a job.
Real Estate Investment Trust Job Openings List No matter what field you come from, there are many prospects in real estate investment trusts. Real estate investment trusts provide 326,000 employment in the US, while another 3.4 million full-time positions are indirectly related to the REIT industry.
Real estate investment trusts provide a variety of high-paying and fascinating roles, from asset purchase to property administration.
| Job Title | Number Of Jobs In The U.S. | 2020-2030 Job Growth Rate | Job Openings |
| Administrative Assistant | 854,000+ | -7% | 73,000+ |
| Real Estate Broker | 150,000+ | 7% | 23,000+ |
| Real Estate Sales Associate | 148,000+ | 7% | 150,000+ |
| Real Estate Consultant | 147,000+ | 7% | 30,000+ |
| Property Manager | 117,000+ | 7% | 20,000+ |
| Real Estate Sales Supervisor | 77,000+ | 7% | 26,000+ |
| Real Estate Escrow Officer | 69,000+ | 8% | 74,000+ |
| Leasing Consultant | 62,000+ | 7% | 15,000+ |
| Property Appraiser | 33,000+ | 7% | 22,000+ |
| Title Examiner | 20,000+ | 6% | 3,000+ |
REIT analysts evaluate the properties in a real estate investment trust portfolio to give up-to-date information. To assist portfolio holders with correct information about income, loan amounts, and property valuations, they may, for example, do market research, locate financial statements, and prepare to underwrite real estate holdings.
To give thorough information, they may inspect various properties, including collecting pictures and making maps. These analysts could also be in charge of managing the legal paperwork associated with certain real estate deals.
National average salary: $67,737 per year
Also Refer- How Many Jobs Are Available In EDP Services: Full Guide
A real estate appraiser determines a residential or commercial property’s value. Any property’s value is affected by several market and economic variables. To determine a property’s value, real estate appraisers take note of each component.
Before beginning employment as a property appraiser, one must complete an appraiser training course and get a certificate. Candidates should also have a background in real estate, finance, economics, and other related subjects to make correct property appraisals.
National average salary: $68,319 per year
A financial analyst evaluates and forecasts a company’s or prospective investment’s financial soundness. They provide decision-makers with the information they need to make wise investments in businesses or banks. Their objective is to evaluate investment performance and reduce related risks.
National Average salary: $63,316+ per year
Managers of investor relations serve as a point of contact between a firm and its shareholders to aid with communication, information exchange, and problem-solving. The primary objective of this position is to assist investors in making knowledgeable investing decisions.
To communicate information, they frequently compile and produce numerous papers, such as financial statements, equity statements, and details about a company’s activities and finances.
National average salary: $82,762 per year
In the REIT sector, portfolio managers examine assets and portfolios to calculate return on investment (ROI) & assist their customers in leveraging properties for optimal profits. To calculate their anticipated growth, they evaluate the properties in a portfolio.
Additionally, they could evaluate different risks in the portfolio and offer suggestions for reducing the drawbacks. Following their position, they could also assist customers with asset allocation. They could also offer advice about whether or not to sell particular properties.
National average salary: $86,291 per year
You may have several options to progress in this profession if you want to seek a position there. Choose to concentrate on the land acquisition component of this profession, for instance. You can begin in an entry-level position as a land analyst, advance to a mid-level position as an asset manager, and eventually be eligible for a senior-level position, such as a division manager or regional manager.
In contrast, if you want to concentrate on finance, you can start as a financial analyst, advance to a financial management position, and then go for a senior-level position as an investment director or director of finance.
Guide On- How Many Jobs Are Available In Marine Transportation?
It is anticipated that employment opportunities in REITs will increase by around 10% annually. This means that REITs could create about 290,000 new jobs every year. REITs offer a variety of high-paying and interesting roles, such as financial analyst, investor relations manager, portfolio manager, and more.
Q1. Is real estate investment trusts a good career path in 2023?
Real estate investment trusts (REITs) can be a good career path in 2023 for several reasons:
Q2. How many REIT sectors are there?
Equity REITs & mortgage REITs are the two basic categories of REITs. Equity REITs hold and manage properties that generate income and generally make money via rent.
Q3. What are the top 5 largest REITs?
The top 5 largest REITs in the world by market capitalization as of March 25, 2022, are:
These REITs focus on different real estate markets sectors, such as industrial, communications, self-storage, and data centres.
Q4. Is REIT taxable?
If a REIT or InvIT had an issue price of Rs.100 and the amount disbursed (as capital payback) in 2024 was Rs. 20, there would be no tax because it was less than the issue price. If the trust’s cumulative payout eventually reaches Rs. 110, the unitholder gets taxed on the first ten dollars.
Read More- How Many Jobs Are Available In Finance?
Your firm’s market development and profitability enhancement will be, in large part, influenced by your…
Nowadays, the long-term stability of companies offering private financial services or those that integrate direct…
The Essentials of Small Business Resilience The journey of a small business is often paved…
For students, finding the right study environment can significantly impact productivity and learning outcomes. Traditionally,…
Writing a book with the goal of publishing has many facets and steps that can…
Enhancing one's online presence has never been more critical than in today's digital-centric world. Whether…