Choosing a career path and wondering how many jobs are available in Real Estate Investment Trusts, i.e., REITS? Well, before we let you know about the industry, let’s know what REITs are.
Introduced in 2007, REITs is a platform that provides opportunities to invest directly in the real state sector and is similar to mutual funds, and is also listed on the stock exchange. It is known for providing job roles and opportunities. These job rules vary from the office to frontline operators, customer service, as well as management position opportunities. REITs are popular because they own or finance properties that have the potential to generate income in the real estate market in different sectors, such as multi-family, commercial, residential, and industrial.
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REITs: How many jobs are available in Real Estate Investment Trusts?
On average, about 1000 to 2000 jobs are available in this sector, depending on the market condition. When it comes to getting a real estate property management job, then it is right to say that this sector has numerous opportunities which can help you in thriving in the industry. The overall average of jobs that are available in the REIT sector is considerable, and if you are interested in becoming a broker or real estate agent, then this is the right place for you to start. But the question here is, what type of jobs can one apply for here? Well, here are some positions to consider:
- Financial Analyst
- Portfolio Manager
- REIT Analyst
- Real Estate Property Appraiser
- Tax Accountant
- Regional Director
- Customer Service Representative
- Investor Relations Manager
- Accounts Receivable Manager
- Divisional Director
- Accounts Payable Manager, and more
Are REITs considered a Good Investment?
If you are someone who wants to diversify the investment portfolio but is not interested in taking too much risk? Well, then, REIT are a great option as they may have some risk but not too much risk. Moreover, you can accumulate wealth by investing in these as it doesn’t pay corporate tax.
Is it a good career path?
With so many opportunities available and a diverse portfolio to work on, REITs offer a good career path. You can start from an entry-level profession and then climb up the ladder to a key executive once you get enough experience. However, one of the most challenging parts here is finding a job that provides the best fit and opportunity in the REITs as per your background, years of experience, drive, and education.
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When it comes to the real estate investment trust industry, then, it is a sizeable and continuously growing industry. But one thing that this industry has is several strict regulations and protocols that you need to follow. There are several jobs in this sector that requires you to have a background in finance or accounting. So there are some jobs that don’t have any of these restrictions, so you can apply in a REIT organization and then move up to different roles after starting from an entry-level job?
So the answer to the question of How many jobs are available in Real Estate Investment Trusts is that it has many if you have the right background, experience, along with passion!