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Broker assistant vs real estate assistant

The differences between broker assistants and real estate assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a broker assistant and a real estate assistant. Additionally, a broker assistant has an average salary of $44,656, which is higher than the $41,447 average annual salary of a real estate assistant.

The top three skills for a broker assistant include MLS, scheduling appointments and open houses. The most important skills for a real estate assistant are MLS, open houses, and purchase agreements.

Broker assistant vs real estate assistant overview

Broker AssistantReal Estate Assistant
Yearly salary$44,656$41,447
Hourly rate$21.47$19.93
Growth rate-8%-5%
Number of jobs34,25422,043
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 54%
Average age5047
Years of experience22

What does a broker assistant do?

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.

What does a real estate assistant do?

A real estate assistant is responsible for supporting agents on real estate operations, providing the best customer service for the clients, and assisting with various paperwork. Real estate assistants research lots and properties, analyze the current market trends to compare prices, and create reports for the management's review. They perform administrative and clerical duties as needed, join real estate agents on-site visits, schedule appointments, coordinate with the team for marketing campaigns and promotional events, write proposals, and conduct follow-ups for closing processes.

Broker assistant vs real estate assistant salary

Broker assistants and real estate assistants have different pay scales, as shown below.

Broker AssistantReal Estate Assistant
Average salary$44,656$41,447
Salary rangeBetween $29,000 And $67,000Between $31,000 And $54,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-Ernst & Young
Best paying industry-Finance

Differences between broker assistant and real estate assistant education

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

Broker AssistantReal Estate Assistant
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Pennsylvania

Broker assistant vs real estate assistant demographics

Here are the differences between broker assistants' and real estate assistants' demographics:

Broker AssistantReal Estate Assistant
Average age5047
Gender ratioMale, 30.9% Female, 69.1%Male, 24.3% Female, 75.7%
Race ratioBlack 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, 9.7% Unknown, 4.4% Hispanic or Latino, 21.8% Asian, 8.3% White, 54.8% American Indian and Alaska Native, 0.9%
LGBT Percentage6%6%

Differences between broker assistant and real estate assistant duties and responsibilities

Broker assistant example responsibilities.

  • Manage, inspect, photograph, and create reports biweekly for U.S. department of HUD and Fannie Mae assign properties.
  • Work with REO negotiators within the office to ensure appropriate offers are accepted with the list price of list property.
  • Handle marketing of properties to include input into MLS system, creation of virtual tours, and frequent social media updates.
  • Collect and assemble information from MLS for research and computer investigations
  • Create PowerPoint presentations and listing packets for current and potential customers.
  • Design and integrate PowerPoint presentations and marketing literature and present information to clients at various meetings and conferences.
  • Show more

Real estate assistant example responsibilities.

  • Manage incoming projects by completing necessary applications, communicating with brokers and visiting job sites.Height Home LLC, Greenville, NC
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Complete monthly A/P, A/R and payroll duties.
  • Acheive record sales numbers of condominiums.
  • Include working with developers selling new construction of houses and condominiums.
  • Prepare A/R status worksheets and reconcile A/R (MRI & Yardi )
  • Show more

Broker assistant vs real estate assistant skills

Common broker assistant skills
  • MLS, 17%
  • Scheduling Appointments, 7%
  • Open Houses, 7%
  • Property Management, 6%
  • Escrow, 6%
  • Renewal Business, 5%
Common real estate assistant skills
  • MLS, 14%
  • Open Houses, 8%
  • Purchase Agreements, 7%
  • Client Database, 6%
  • Scheduling Appointments, 6%
  • Sales Contracts, 5%

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