Post job

Associate broker vs real estate account executive

The differences between associate brokers and real estate account executives 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 $62,875 average annual salary of a real estate account executive.

The top three skills for an associate broker include excellent client, real estate sales and financial resources. The most important skills for a real estate account executive are journal entries, financial reports, and yardi.

Associate broker vs real estate account executive overview

Associate BrokerReal Estate Account Executive
Yearly salary$64,361$62,875
Hourly rate$30.94$30.23
Growth rate5%5%
Number of jobs8,836116,049
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 77%
Average age4949
Years of experience--

What does an associate broker do?

An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.

What does a real estate account executive do?

Reading specialists require a plethora of skills, such as a background in grade school education, experience in helping struggling readers, language fluency, and reading comprehension. Responsibilities include teaching and evaluating instructions for students that need assistance in reading and writing. This may take place in both small groups and classroom settings.

Associate broker vs real estate account executive salary

Associate brokers and real estate account executives have different pay scales, as shown below.

Associate BrokerReal Estate Account Executive
Average salary$64,361$62,875
Salary rangeBetween $38,000 And $106,000Between $44,000 And $89,000
Highest paying CityNew York, NYWhite Plains, NY
Highest paying stateNew YorkNew York
Best paying companyCushman & WakefieldGoogle
Best paying industryFinanceReal Estate

Differences between associate broker and real estate account executive education

There are a few differences between an associate broker and a real estate account executive in terms of educational background:

Associate BrokerReal Estate Account Executive
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 77%
Most common majorBusinessAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Associate broker vs real estate account executive demographics

Here are the differences between associate brokers' and real estate account executives' demographics:

Associate BrokerReal Estate Account Executive
Average age4949
Gender ratioMale, 52.5% Female, 47.5%Male, 47.7% Female, 52.3%
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, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between associate broker and real estate account executive 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

Real estate account executive example responsibilities.

  • Accomplish a deep understanding and application of MRI and Yardi accounting systems.
  • Achieve all sales targets for SaaS product targeting service-base businesses requiring an automate customer retention and relationship management tool.
  • Prepare accounts payable, accounts receivable, general ledger entries, bond amortizations, fund accounting and depreciation schedules via Yardi.
  • Analyze and prepare monthly GAAP financial statements, including all supporting schedules as required.
  • Analyze and reimburse year-end expense reconciliations from landlords, delegating reconciliation research to staff as able.
  • Perform reconciliations, periodic reporting and preparation of year end statements for wholly own real estate portfolio.
  • Show more

Associate broker vs real estate account executive 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 real estate account executive skills
  • Journal Entries, 12%
  • Financial Reports, 10%
  • Yardi, 9%
  • GAAP, 9%
  • Financial Analysis, 9%
  • Reconciliations, 8%