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Broker in charge vs buyer broker

The differences between brokers in charge and buyer brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker in charge has an average salary of $60,362, which is higher than the $55,572 average annual salary of a buyer broker.

Broker in charge vs buyer broker overview

Broker In ChargeBuyer Broker
Yearly salary$60,362$55,572
Hourly rate$29.02$26.72
Growth rate5%5%
Number of jobs7,03610,633
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 55%
Average age4949
Years of experience--

Broker in charge vs buyer broker salary

Brokers in charge and buyer brokers have different pay scales, as shown below.

Broker In ChargeBuyer Broker
Average salary$60,362$55,572
Salary rangeBetween $41,000 And $88,000Between $38,000 And $79,000
Highest paying City-Milwaukee, WI
Highest paying state-New York
Best paying company--
Best paying industry--

Differences between broker in charge and buyer broker education

There are a few differences between a broker in charge and a buyer broker in terms of educational background:

Broker In ChargeBuyer Broker
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker in charge vs buyer broker demographics

Here are the differences between brokers in charge' and buyer brokers' demographics:

Broker In ChargeBuyer Broker
Average age4949
Gender ratioMale, 44.3% Female, 55.7%Male, 60.3% Female, 39.7%
Race ratioBlack or African American, 5.9% Unknown, 4.4% Hispanic or Latino, 11.5% Asian, 7.6% White, 70.3% 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, 69.9% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between broker in charge and buyer broker duties and responsibilities

Broker in charge example responsibilities.

  • Manage all accounting, payroll, marketing, sales and training.
  • Manage payroll, accounting, collections, accounts payable/receivable and bookkeeping for company's expenses.
  • Manage daily operations of real estate firm including recruitment, licenses, renewals, MLS compliance, and contract preparation.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Develop and facilitate special events, PowerPoint presentations, spreadsheets.

Buyer broker example responsibilities.

  • Manage, lease and sell office condominiums on site.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Work with clients to finalize the purchase of new and existing condominiums sell at OwnACondo.com.

Broker in charge vs buyer broker skills

Common broker in charge skills
  • Property Management, 12%
  • Trust Accounts, 9%
  • MLS, 9%
  • Financial Institutions, 6%
  • Escrow, 6%
  • Payroll, 6%
Common buyer broker skills

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