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Associate broker vs broker realtor

The differences between associate brokers and broker realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate broker has an average salary of $64,361, which is higher than the $40,805 average annual salary of a broker realtor.

The top three skills for an associate broker include excellent client, real estate sales and financial resources. The most important skills for a broker realtor are purchase agreements, real estate sales, and sales contracts.

Associate broker vs broker realtor overview

Associate BrokerBroker Realtor
Yearly salary$64,361$40,805
Hourly rate$30.94$19.62
Growth rate5%5%
Number of jobs8,8368,885
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 65%
Average age4949
Years of experience--

Associate broker vs broker realtor salary

Associate brokers and broker realtors have different pay scales, as shown below.

Associate BrokerBroker Realtor
Average salary$64,361$40,805
Salary rangeBetween $38,000 And $106,000Between $27,000 And $60,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyCushman & Wakefield-
Best paying industryFinance-

Differences between associate broker and broker realtor education

There are a few differences between an associate broker and a broker realtor in terms of educational background:

Associate BrokerBroker Realtor
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Associate broker vs broker realtor demographics

Here are the differences between associate brokers' and broker realtors' demographics:

Associate BrokerBroker Realtor
Average age4949
Gender ratioMale, 52.5% Female, 47.5%Male, 42.7% Female, 57.3%
Race ratioBlack or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between associate broker and broker realtor duties and responsibilities

Associate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Work with clients, prepare & file all the paperwork, input listings to MLS, market and advertise list property.
  • Develop message flows which done XML/XSLT transformations, from one format to another, SOAP/HTTP XML to MRM mappings and transformations.
  • Assist Medicare-eligible individuals with Medicare supplement and replacement plans adhering to CMS guidelines.
  • Develop Indianapolis territory for contacts with senior citizens during the enrollment period for Medicare.
  • Create and maintain accurate MLS listings as well as developed and distribute unique advertising materials.
  • Show more

Broker realtor example responsibilities.

  • Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
  • Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
  • Identify data trends in a volatile market and analyze data from MLS to develop and evaluate marketing strategy and implement solutions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
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Associate broker vs broker realtor skills

Common associate broker skills
  • Excellent Client, 12%
  • Real Estate Sales, 11%
  • Financial Resources, 7%
  • Market Research, 5%
  • Business Development, 5%
  • Renewal Business, 4%
Common broker realtor skills
  • Purchase Agreements, 16%
  • Real Estate Sales, 14%
  • Sales Contracts, 9%
  • Comparative Market Analysis, 6%
  • Open Houses, 5%
  • Property Management, 4%