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Associate realtor vs associate broker

The differences between associate realtors and associate brokers 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 $40,356 average annual salary of an associate realtor.

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

Associate realtor vs associate broker overview

Associate RealtorAssociate Broker
Yearly salary$40,356$64,361
Hourly rate$19.40$30.94
Growth rate5%5%
Number of jobs7,6208,836
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 65%
Average age4949
Years of experience--

Associate realtor vs associate broker salary

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

Associate RealtorAssociate Broker
Average salary$40,356$64,361
Salary rangeBetween $28,000 And $57,000Between $38,000 And $106,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Cushman & Wakefield
Best paying industry-Finance

Differences between associate realtor and associate broker education

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

Associate RealtorAssociate Broker
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common college-University of Southern California

Associate realtor vs associate broker demographics

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

Associate RealtorAssociate Broker
Average age4949
Gender ratioMale, 43.5% Female, 56.5%Male, 52.5% Female, 47.5%
Race ratioBlack or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.1% Asian, 6.8% White, 70.1% American Indian and Alaska Native, 0.3%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%
LGBT Percentage13%13%

Differences between associate realtor and associate broker duties and responsibilities

Associate realtor example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Monitor daily activity through MLS, prepare contracts, and assist with preparation in closings.
  • Input data listing sheets for MLS, process paperwork and commission checks for disbursement, escrow account, payroll.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Ensure REO properties are secured and free from trespass and potential hazards.
  • Account management of office Fannie Mae REO listings, such as BPO's, work orders and pipeline management.
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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.
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Associate realtor vs associate broker skills

Common associate realtor skills
  • Residential Real Estate, 23%
  • Purchase Agreements, 15%
  • Open Houses, 7%
  • MLS, 5%
  • Escrow Companies, 4%
  • Real Estate Sales, 4%
Common associate broker skills
  • Excellent Client, 12%
  • Real Estate Sales, 11%
  • Financial Resources, 7%
  • Market Research, 5%
  • Business Development, 5%
  • Renewal Business, 4%