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How Many Jobs are Available in Real Estate

How Many Jobs are Available in Real Estate Investment Trusts – For many, real estate is the gold standard of all investments. It has a good long history. Apart from that, it can provide a steady income, and is a tangible and viable investment. Fortunately, there is a way to invest in real estate without having individual properties. There are many jobs available on Real Estate Investment Trusts under the abbreviation (REIT).

The financial services sector added 16,000 new jobs by August 2021, according to the U.S. Bureau of Labor Statistics – making it the fifth leading industry in terms of job opportunities right now.

It’s a big deal, though, and it covers a lot of roles. Should you be a salesperson, a financial planner, or something else? Another option you might want to consider, especially if you look at the need for real estate during the COVID-19 violence, is to work for a local investment trust.

What Is a Real Estate Investment Trust?

REIT is a company that owns a residential or commercial property or both. The properties contained within the REIT generate income and limited stability based on long-term leases, enabling its investors to benefit from the real estate market advantage without having to invest directly in the area.

There are several types of real estate investments – from office to industry, retail, accommodation/residence, residence, timberlands, health care, accommodation, infrastructure, data centers, various or a combination, specialty, and loans.

How Many Jobs are Available in Real Estate Investment Trusts?

In order to compete for jobs in real estate investments, you need to have strong writing and oral skills, knowledge of Excel and other Microsoft Office Suite products, and the ability to analyze data.

Interest in data science will also work well for you, as most REIT analysts have a working mathematical understanding and experience working with websites. Make sure you know your route with data viewing tools, such as Tableau, and web-based query tools like SQL and Python.

Statistics of the Jobs in the Real Estate Industry

How many jobs are there in real estate investments? Reports indicate that by 2019, about 274,000 professionals are fully employed in the REIT industry. Approximately 2.6 million jobs were created indirectly by the REIT industry.

How Many Jobs are Available in Real Estate Investment Trusts – Every day, new job opportunities are listed on job boards like Indad.com, FlexJobs, and LinkedIn. A recent LinkedIn poll reveals that there are about 1,000 jobs on site. On the other hand, it really counts for more jobs, sometimes up to 3000 daily.

REITs careers demand higher salaries, which attract more people into the industry. For example, the average salary of REIT sales agents in the US is more than $ 51,220 per year. REIT REVIEWER goes home with $ 106,412 a year, more than double what real estate agents and sellers earn.

Are REITs a Good Investment?

Statistics show that nearly 145 Million Americans have invested in REIT stocks. REITs come with many advantages, as follows:

  • Lets investors benefit from real estate market gain without direct spending on a property,
  • Allows partial independence from the performance of the S&P 500,
  • Consumers enjoy dividend yields,
  • Investors benefit from easy liquidity,
  • Have favorable tax conditions as most countries have a REIT law that entitles a real estate company to pay less in capital gains tax and corporation tax.
  • How Many Jobs are Available in Real Estate Investment Trusts

How to Invest in REITs in the US

There are different ways to invest in REITs, including buying publicly-traded REITs stocks, exchange-traded funds, and mutual funds. REITs also play a significant role in defined contribution and defined benefit investment plans.

Many Americans have access to REITs through ETFs and mutual funds, in their 401(k)s, the Thrift Savings Plan (TSP), IRAs, and pension plans.

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