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.
Associate broker responsibilities
Here are examples of responsibilities from real associate broker resumes:
- 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.
- Maintain business and company certification/registrations, assist in payroll issues and benefits, and accurate agent commission.
- Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
- Assign and complete BPO requests from a third party vendor for over six years.
- Compile home value information and complete BPO's for various banks and asset management companies.
- Review fixed and variable business costs; compare income per transaction to adjust budget for optimal return on investments (ROI )
- Follow up on delinquent tenants and coordinate collection procedures including court evictions.
Associate broker skills and personality traits
We calculated that 12% of Associate Brokers are proficient in Excellent Client, Real Estate Sales, and Financial Resources. They’re also known for soft skills such as Business skills, Problem-solving skills, and Interpersonal skills.
We break down the percentage of Associate Brokers that have these skills listed on their resume here:
- Excellent Client, 12%
Developed, maintained and cultivated excellent client and agent relationships.
- Real Estate Sales, 11%
Managed personal business development and utilized lead management tools to increase Real Estate sales.
- Financial Resources, 7%
Compiled lists of properties that matched investor needs and financial resources, and accompanied them on property visits and inspections.
- Market Research, 5%
Evaluated prospective targets for investments by performing market research and competitor analysis.
- Business Development, 5%
Created powerful communication collateral and delivered high-impact presentations; transformed business development efforts, penetrated decision makers and captured new clients.
- Renewal Business, 4%
Negotiate terms and pricing with markets, reviewed policies, forms and confirmed coverage on new and renewal business.
Most associate brokers use their skills in "excellent client," "real estate sales," and "financial resources" to do their jobs. You can find more detail on essential associate broker responsibilities here:
Business skills. To carry out their duties, the most important skill for an associate broker to have is business skills. Their role and responsibilities require that "because most real estate brokers and sales agents are self-employed, they must be able to manage every aspect of their business, including billing and advertising." Associate brokers often use business skills in their day-to-day job, as shown by this real resume: "licensed florida real estate broker contracted with a family business specializing in residential sales of investment properties. "
Problem-solving skills. Another soft skill that's essential for fulfilling associate broker duties is problem-solving skills. The role rewards competence in this skill because "real estate brokers and sales agents must be able to address concerns relating to a property." According to an associate broker resume, here's how associate brokers can utilize problem-solving skills in their job responsibilities: "provided due diligence analysis and investment solutions for performing and distressed and bank-owned commercial real estate assets. "
Interpersonal skills. Another skill that relates to the job responsibilities of associate brokers is interpersonal skills. This skill is critical to many everyday associate broker duties, as "real estate brokers and sales agents spend much of their time interacting with others, such as clients and contractors." This example from a resume shows how this skill is used: "apply strong interpersonal and customer service skills to educate clients on selling, buying, and financing residential real estate. "
Organizational skills. For certain associate broker responsibilities to be completed, the job requires competence in "organizational skills." The day-to-day duties of an associate broker rely on this skill, as "real estate brokers and sales agents must be able to manage their own time for planning and prioritizing their work." For example, this snippet was taken directly from a resume about how this skill applies to what associate brokers do: "apply organizational, market research, presentation and planning skills for top results. "
The three companies that hire the most associate brokers are:
- Brown & Brown14 associate brokers jobs
- Breylan Deal-Eriksen - Windermere Real Estate7 associate brokers jobs
- Aon5 associate brokers jobs
Choose from 10+ customizable associate broker resume templates
Build a professional associate broker resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your associate broker resume.
Compare different associate brokers
Associate broker vs. Realtor
A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.
While similarities exist, there are also some differences between associate brokers and realtor. For instance, associate broker responsibilities require skills such as "excellent client," "business development," "renewal business," and "financial analysis." Whereas a realtor is skilled in "accompany clients," "necessary paperwork," "property site," and "relevant literature." This is part of what separates the two careers.
Realtors earn the highest salaries when working in the real estate industry, with an average yearly salary of $37,845. On the other hand, associate brokers are paid more in the finance industry with an average salary of $104,854.realtors tend to reach similar levels of education than associate brokers. In fact, realtors are 3.1% less likely to graduate with a Master's Degree and 1.1% less likely to have a Doctoral Degree.Associate broker vs. Real estate account executive
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.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that associate broker responsibilities requires skills like "excellent client," "real estate sales," "financial resources," and "market research." But a real estate account executive might use other skills in their typical duties, such as, "journal entries," "financial reports," "yardi," and "gaap."
Real estate account executives earn a lower average salary than associate brokers. But real estate account executives earn the highest pay in the real estate industry, with an average salary of $73,848. Additionally, associate brokers earn the highest salaries in the finance with average pay of $104,854 annually.Average education levels between the two professions vary. Real estate account executives tend to reach similar levels of education than associate brokers. In fact, they're 1.2% less likely to graduate with a Master's Degree and 1.1% less likely to earn a Doctoral Degree.Associate broker vs. Real estate consultant
A real estate consultant is an individual who provides specialized investment and financial advice to clients who are looking to buy, sell, or invest in property. A real estate consultant must provide as many details as possible so that the client can make their decision and avoid problems in the process. They provide clients with value-added services such as asset management, market analysis, and lease management. Real estate consultants must also work with a variety of clients, including construction companies, business owners, or third-party investors.
The required skills of the two careers differ considerably. For example, associate brokers are more likely to have skills like "excellent client," "renewal business," "real property," and "real estate license." But a real estate consultant is more likely to have skills like "customer service," "project management," "powerpoint," and "real estate."
Real estate consultants earn the highest salary when working in the finance industry, where they receive an average salary of $110,240. Comparatively, associate brokers have the highest earning potential in the finance industry, with an average salary of $104,854.Most real estate consultants achieve a similar degree level compared to associate brokers. For example, they're 2.1% more likely to graduate with a Master's Degree, and 1.1% more likely to earn a Doctoral Degree.Associate broker vs. Real estate sales supervisor
Real estate attorneys are legal professionals whose expertise focuses on real estate law and legislation. They are responsible for preparing and reviewing documents related to real estate, including mortgage documents, title documents, and purchase agreements. Other duties include negotiating on behalf of their clients, dealing with mortgage fraud and zoning issues, and overseeing the transfer of titles and deeds. Real estate attorneys may provide legal representation for corporations and individuals. To become a successful real estate attorney, you should have a law degree, undergone training for specialization, and a certification in real estate law.
Even though a few skill sets overlap between associate brokers and real estate sales supervisors, there are some differences that are important to note. For one, an associate broker might have more use for skills like "excellent client," "renewal business," "property sales," and "financial analysis." Meanwhile, some responsibilities of real estate sales supervisors require skills like "sales techniques," "property inspections," "accompany clients," and "powerpoint. "
In general, real estate sales supervisors hold similar degree levels compared to associate brokers. Real estate sales supervisors are 2.3% less likely to earn their Master's Degree and 0.8% less likely to graduate with a Doctoral Degree.Types of associate broker
Updated January 8, 2025
