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The differences between associate brokers and sales associates 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 $32,167 average annual salary of a sales associate.
The top three skills for an associate broker include excellent client, real estate sales and financial resources. The most important skills for a sales associate are customer service, sales floor, and cash handling.
| Associate Broker | Sales Associate | |
| Yearly salary | $64,361 | $32,167 |
| Hourly rate | $30.94 | $15.46 |
| Growth rate | 5% | - |
| Number of jobs | 8,836 | 579,849 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 38% |
| Average age | 49 | 41 |
| Years of experience | - | - |
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.
Sales associates are responsible for promoting the company's goods or services. They are expected to provide exceptional customer service to prospective buyers. They should be familiar with all features of the company's products or services so that they can answer the customers' inquiries. Sales associates also assist customers in processing their checkouts, refunds, returns, and other needs. They should be customer-oriented, and they should have great communication skills. They should know how to sell their products or services to customers. They are considered the company's representatives on the ground.
Associate brokers and sales associates have different pay scales, as shown below.
| Associate Broker | Sales Associate | |
| Average salary | $64,361 | $32,167 |
| Salary range | Between $38,000 And $106,000 | Between $21,000 And $47,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Cushman & Wakefield | Barclays |
| Best paying industry | Finance | Manufacturing |
There are a few differences between an associate broker and a sales associate in terms of educational background:
| Associate Broker | Sales Associate | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between associate brokers' and sales associates' demographics:
| Associate Broker | Sales Associate | |
| Average age | 49 | 41 |
| Gender ratio | Male, 52.5% Female, 47.5% | Male, 38.4% Female, 61.6% |
| Race ratio | Black 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, 10.6% Unknown, 5.1% Hispanic or Latino, 21.4% Asian, 6.9% White, 55.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 13% | 7% |