By Thomas Fitch
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Additional info for Career Opportunities in Real Estate
Money managers get to face the challenges of investing. If you like the excitement of selecting investments and can deal with the uncertainty of waiting for the payoff, this field can be a rewarding career. Salaries Salaries vary by geographic region, experience, level of responsibility, type of investment portfolio managed, and employer. Fund managers with several years’ experience are highly compensated. Salaries can range from the low $30,000 range for newly hired managers to $100,000 and up.
The Chief Investment Officer provides senior-level guidance on acquisition or disposition opportunities and maintains a network of real estate brokers and investors for portfolio properties. The CIO makes strategy Chief Investment Officer Investment Officer Special Skills and Personality Traits—Thorough understanding of real estate lending and finance; fluency in Excel spreadsheet accounting and financial analysis software; excellent communication skills recommendations to the management committee and follows up on committee recommendations.
Salaries Salaries in many accounting and auditing professions have been rising in response to heightened demand for skilled professionals. Research shows that nationwide demand for accounting professionals is strongest in commercial real estate, as well as in financial services. ACCOUNTING AND FINANCE 13 Real Estate Accountants can earn $45,000 to $52,000 annually, plus a bonus pegged to financial performance of the company. According to a salary survey by the National Association of Colleges and Employers, bachelor’s degree candidates in accounting received starting offers averaging $43,269 a year in 2005.
Career Opportunities in Real Estate by Thomas Fitch