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The differences between broker assistants 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 $44,656 average annual salary of a broker assistant.
The top three skills for a broker assistant include MLS, scheduling appointments and open houses. The most important skills for an associate broker are excellent client, real estate sales, and financial resources.
| Broker Assistant | Associate Broker | |
| Yearly salary | $44,656 | $64,361 |
| Hourly rate | $21.47 | $30.94 |
| Growth rate | -8% | 5% |
| Number of jobs | 34,254 | 8,836 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 65% |
| Average age | 50 | 49 |
| Years of experience | 2 | - |
A broker assistant is primarily responsible for performing support tasks to assist principal brokers and clients. It is their duty to maintain client accounts, obtain the necessary signatures, organize files, handle calls and inquiries, and prepare and process documents, reviewing them thoroughly to ensure accuracy. They may also conduct market research and analyses, develop marketing materials, generate leads, liaise with internal and external parties, and build positive relationships with clients. Moreover, in some industries, a broker assistant may also be in charge of supervising recruits while implementing the company's policies and standards.
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.
Broker assistants and associate brokers have different pay scales, as shown below.
| Broker Assistant | Associate Broker | |
| Average salary | $44,656 | $64,361 |
| Salary range | Between $29,000 And $67,000 | Between $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 |
There are a few differences between a broker assistant and an associate broker in terms of educational background:
| Broker Assistant | Associate Broker | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Southern California |
Here are the differences between broker assistants' and associate brokers' demographics:
| Broker Assistant | Associate Broker | |
| Average age | 50 | 49 |
| Gender ratio | Male, 30.9% Female, 69.1% | Male, 52.5% Female, 47.5% |
| Race ratio | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.2% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% | 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 Percentage | 6% | 13% |