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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 | Real Estate Assistant | |
| Yearly salary | $44,656 | $41,447 |
| Hourly rate | $21.47 | $19.93 |
| Growth rate | -8% | -5% |
| Number of jobs | 34,254 | 22,043 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 54% |
| Average age | 50 | 47 |
| Years of experience | 2 | 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.
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 assistants and real estate assistants have different pay scales, as shown below.
| Broker Assistant | Real Estate Assistant | |
| Average salary | $44,656 | $41,447 |
| Salary range | Between $29,000 And $67,000 | Between $31,000 And $54,000 |
| Highest paying City | - | Seattle, WA |
| Highest paying state | - | Washington |
| Best paying company | - | Ernst & Young |
| Best paying industry | - | Finance |
There are a few differences between a broker assistant and a real estate assistant in terms of educational background:
| Broker Assistant | Real Estate Assistant | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between broker assistants' and real estate assistants' demographics:
| Broker Assistant | Real Estate Assistant | |
| Average age | 50 | 47 |
| Gender ratio | Male, 30.9% Female, 69.1% | Male, 24.3% Female, 75.7% |
| 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, 9.7% Unknown, 4.4% Hispanic or Latino, 21.8% Asian, 8.3% White, 54.8% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 6% | 6% |