Affiliate broker vs agent

The differences between affiliate brokers and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, an affiliate broker has an average salary of $52,386, which is higher than the $37,864 average annual salary of an agent.

The top three skills for an affiliate broker include purchase agreements, open houses and comparative market analysis. The most important skills for an agent are insurance products, customer service, and life insurance.

Affiliate broker vs agent overview

	Affiliate Broker	Agent
Yearly salary	$52,386	$37,864
Hourly rate	$25.19	$18.20
Growth rate	5%	6%
Number of jobs	9,033	184,325
Job satisfaction	-	2
Most common degree	Bachelor's Degree, 66%	Bachelor's Degree, 44%
Average age	49	46
Years of experience	-	-

Affiliate broker vs agent salary

Affiliate brokers and agents have different pay scales, as shown below.

	Affiliate Broker	Agent
Average salary	$52,386	$37,864
Salary range	Between $33,000 And $82,000	Between $19,000 And $72,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Latham & Watkins
Best paying industry	-	-

Differences between affiliate broker and agent education

There are a few differences between an affiliate broker and an agent in terms of educational background:

	Affiliate Broker	Agent
Most common degree	Bachelor's Degree, 66%	Bachelor's Degree, 44%
Most common major	Business	Business
Most common college	University of Southern California	University of Pennsylvania

Affiliate broker vs agent demographics

Here are the differences between affiliate brokers' and agents' demographics:

	Affiliate Broker	Agent
Average age	49	46
Gender ratio	Male, 45.9% Female, 54.1%	Male, 50.5% Female, 49.5%
Race ratio	Black or African American, 5.9% Unknown, 4.4% Hispanic or Latino, 11.0% Asian, 7.1% White, 71.3% American Indian and Alaska Native, 0.3%	Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage	13%	7%

Differences between affiliate broker and agent duties and responsibilities

Affiliate broker example responsibilities.

Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Used MLS to research information for buyers and sellers.
Search MLS daily, schedule inspections, process paper work, and attend settlements.
Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
Draft probate petition documents and administer probate estates.

Agent example responsibilities.

Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
Verify documentation and coding using CPT and ICD-9 correct coding standards.
Assist TANF customers with obtaining employment.
Direct compliance with all CPT and Medicare guidelines.
Train BDC representatives on phone skills and CRM use.
Bill appropriate ICD-9 codes to the correct insurance companies.

Affiliate broker vs agent skills

Common affiliate broker skills

Purchase Agreements, 10%
Open Houses, 10%
Comparative Market Analysis, 6%
Property Management, 5%
Escrow Companies, 5%
Residential Properties, 5%

Common agent skills

Insurance Products, 11%
Customer Service, 10%
Life Insurance, 8%
HR, 6%
Inbound Calls, 6%
Financial Services, 6%