This is an article that explores estate investment trusts as a career path in 2024 and the best way to get the job done as an estate enthusiast.
Real Estate Investments Trusts As A Career Path?
Basically, arriving at a conclusion as to whether real estate investments trusts is a good career path heavily depends on the job opportunities available within the career.
Hence the important question: How Many Jobs Are Available In Real Estate Investment Trusts?
The statistics regarding how many jobs are available in real estate investment trusts can't be absolutely ascertained. However, with the obvious notable figures obtained from research, this gives an insight on what to look for and how to prepare when it comes to getting jobs that are available in real estate investment trusts.
As such, anyone hoping to venture into real estate investments trust as a career path should take a look at this article for guides and the kind of roles that are available in the real estate investment trusts.
Before that, what is real estate investment trusts? And what are some of the significant reasons you should consider investing in real estate investment trusts?
What Are Real Estate Investments Trusts
Real Estate Investments Trusts are investments scheme whereby the properties are bought and developed just as part of the investment portfolio. This typically allows various individual investors to procure a particular portion of the dividend income through estate ownership. Interestingly, this is done without the individual investors going out to purchase commercial real estate.
Basically, Real Estate Investment Trusts brings investors together to meet up to invest Real estate market, which they, for the most part, can’t access all alone.
The property in discussion is not limited. This might include offices, hotels, resorts, plazas, distribution centres and many more.
In respect of how many jobs are available in real estate investment trusts, the statistics in the United States shows that there are more than 225 REITs with a combined market capitalization of over 1 Trillion dollars. This, at least to a point gives a visible possibility of more job opportunities in the real estate investment sector.
Now, let's take a look at some of the jobs opportunities available in the real estate investment trusts.
How Many Jobs Are Available In Real Estate Investment Trusts
As regards how many jobs are available in real estate investment trusts, the data obtained from LinkedIn shows that, as of October 5, 2022, there are currently over 1278 jobs within real estate investment trusts.
The REIT industry is a sector that is growing fast. As well as needing investors, many other support roles must be filled regularly.
Best Paying Jobs in Real Estate Investments Trusts
Below are some of the categories of jobs that are often sought for in the real estate investment trusts sector.
1. Real Estate Administrative Assistant Jobs
This is one of the most sought opened roles in the real estate investment trusts. According to the data gotten from Zippia, more than 854,000 jobs are available in the United States.2. Real Estate Broker Jobs
A Real estate broker works along these lines to a realtor. Both assistance property purchasers meet the dealers and the other way around.Be that as it may, a broker can work autonomously without joining any brokerage. As a broker, you can begin your business firm without much of a stretch.
3. Real Estate Sales Associate Jobs
4. Real Estate Investors Jobs
This is another lucrative position available in real estate. Jobs in this category are primarily focused on investment management such as purchasing land resources, increasing the values of properties and selling the acquired properties at more expensive costs than the initial purchase price.This could also feature those that deals with ensuring more good relationship with investors.
5. REIT Analyst Position
A REIT analyst expert helps the real estate and finance divisions gain, discarding marketing and financing the property. They are needed in order to run several monetary models on the organization’s current resources and acquisitions, utilizing different financial instruments. Hence, you should be knowledgeable in the economic field.6. Real Estate Lawyer Jobs
Typically, every business needs a legal team to carry out its legal activities and as well as manage its legal relationship with partners and investors.In such lights, lawyers are also needed in real estate investment in order to resolve debates regarding ownership and transfers of the estate, as well as giving legal advice.
7. Real Estate Appraiser
A real estate appraiser is an expert prepared for assessing and deciding the worth of a property. They tend to analyse and decide the property's market worth.To land this position, you want to realize how the housing market functions and what different factors, for example, location for the property’s estimation.
8. Property Manager
The position is for those who are specialized in handling properties for people. They also engage in managing properties and satisfied the customers.Other jobs that are available in real estate investments trusts
- Real Estate Consultant
- Real Estate Sales Supervisor
- Escrow Officer
- Leasing Consultant
- Appraiser
- Title Examiner
Statistics Of How Man Jobs Are Available In Real Estate Investment Trusts
According to the statistics obtained from Zippia, there are 326,000 jobs are available in real estate investment trusts in the United States, and a further 3.4 million full-time jobs are available that are indirectly related to the REIT industry.Also, from other sources, the worldwide housing market size was esteemed at USD 3.69 trillion in 2021 and is supposed to extend at a rate of 5.2% from 2022 to 2030.
How to Get a Real Estate Investment Trusts Job Without Experience
As earlier mentioned, real estate is one of the fastest growing sector that equally has numerous employment opportunities for job seekers. However, for those seeking real estate investment trusts jobs with no experience, there are some organization that offer programs that shows all you need to know as long as real estate investment trusts are concerned.
Real estate schools offer courses that will permit you to add the critical abilities to get a new line of work in the business, even without experience.
These are the places to check for real estate investment trusts for jobs with:
1. Search the Internet
You can search the internet for available jobs. For instance, LinkedIn is one of the best places to find available jobs.2. Act as an Apartment Finders
Another great way to work in Real Estate is to act as an Apartment Locator. They work for those who are looking for apartments to rent.3. Discuss with a Broker
Real estate brokers that have their brokerage firm require the service of administrative assistants.Being an administrative assistant doesn’t require previous experience but specific skills and background. It could be low-hanging fruit in the Real estate investment trust sector. You have to convince them to give you the job.
Reasons You Should Consider Investing In Real Estate Investment Trusts
Below are the significant reasons you should consider investing in Real Estate Investment Trusts.1. Profits – turns out a steady revenue stream for individual investors, as 90% or a more significant amount of the profits are gotten back to them.
2. Liquidity – Offers will sell and purchase on the stock exchange market without much of a stretch.
3. Straightforwardness – REITs exchanged on significant stock trades work under similar standards as other openly traded stocks for regulatory and reporting purposes.
4. Enhancement – having a REIT in a speculation portfolio is beneficial when different stocks or protections are down because REITs typically have a low connection to the presentation of other resource classes.
5. Execution – generally demonstrated to perform well because of the consistent long haul enthusiasm for business properties.