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Associate realtor vs real estate broker associate

The differences between associate realtors and real estate broker associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker associate has an average salary of $83,167, 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 a real estate broker associate are purchase agreements, real estate, and market trends.

Associate realtor vs real estate broker associate overview

Associate RealtorReal Estate Broker Associate
Yearly salary$40,356$83,167
Hourly rate$19.40$39.98
Growth rate5%5%
Number of jobs7,62018,996
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 60%
Average age4949
Years of experience--

Associate realtor vs real estate broker associate salary

Associate realtors and real estate broker associates have different pay scales, as shown below.

Associate RealtorReal Estate Broker Associate
Average salary$40,356$83,167
Salary rangeBetween $28,000 And $57,000Between $61,000 And $112,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between associate realtor and real estate broker associate education

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

Associate RealtorReal Estate Broker Associate
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common college-University of Southern California

Associate realtor vs real estate broker associate demographics

Here are the differences between associate realtors' and real estate broker associates' demographics:

Associate RealtorReal Estate Broker Associate
Average age4949
Gender ratioMale, 43.5% Female, 56.5%Male, 47.3% Female, 52.7%
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, 5.4% 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 realtor and real estate broker associate 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.
  • Show more

Real estate broker associate example responsibilities.

  • Leverage an extensive business network to locate properties before they appear in the MLS, giving clients a competitive advantage.
  • Perform pricing, BPO and competitive market analysis.
  • Utilize MLS system, create CMA's; interface with title and mortgage companies to assure stream line closings.
  • Provide CMA's, and BPO's assist in appraisals and surveying, provide complete concierge and relocation services.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Draft probate petition documents and administer probate estates.

Associate realtor vs real estate broker associate 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 real estate broker associate skills
  • Purchase Agreements, 10%
  • Real Estate, 9%
  • Market Trends, 8%
  • Real Estate Market, 6%
  • Business Development, 6%
  • Client Relationships, 5%