Introduction
A recent analysis on the statistics and estimates of jobs in the REIT Industry was also provided.
From scholarly articles as well as several past years statistics, employment opportunities within the REITs have been on the rise for the past several years. For instance, real estate sales agents and real estate brokers; in 2021, estimated 144000 real estate sales agent workers and 44000 real estate brokers were there in United States of America . Also, sector analysis indicates that almost directly employment can be estimated to be 326,000, and an extra 3. Said job number connected to REITs are as follows 4 million jobs are dependent on REITs. These statistics show how tremendously large the role of REITs is to the economy and employment world.
According to the REITs Industry Survey undertaken in 2019, full-time employment in the REIT’s sector was approximately 274,000. In addition, job portals like linkdin and indeed displays more than 1000 REIT vacancies available at the current moment proving the need for professional talent in this field. Linked In, Zip Recruiter and indeed for instance provide over 1000 to 3000 plus job postings specifically of the REIT category, making it clear that there is an enormous variety of positions in this field.
Factors Influencing Job Availability
According to Siew and Teh (2012), the employment opportunities in Real Estate Investment Trusts depend on some factors like market situation, business cyclical factors, geographical factor, and the general performance of the real estates business. As a factor, number of openings require for professionals in fields relating to REITs increase during time of economic growth and high activity level in the real estate market. On the other hand, he stresses that challenges in the economic market and fluctuations in the market can affect the availability of jobs in the REIT industry.
REITs and their related jobs REIT Job Possibilities
Other common positions in the Real estate investment trusts companies include research analysts, asset mangers, portfolio managers, capital markets associates, investing in property managers. These jobs entail combination of some skills such as financial modeling and analysis, market research, assessment of the value of the assets, risk evaluation, and client management. Such experts take integral roles in dictating the performance and profitability of REITs by engaging in good investment measures and the efficient management of real estate properties.
Conclusion
It is seen, thus, that the global market for jobs in REITs provides varied employment options for those who would like to make a career in real estate and financial fields. More and more jobs are posted in various popular job sites and the range of positions being offered are fairly diverse and afford the aspiring workers the opportunity to help build and grow REITs while furthering their own career paths in a promising and lucrative field.