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Broker in charge vs real estate lawyer

The differences between brokers in charge and real estate lawyers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate lawyer has an average salary of $70,398, which is higher than the $60,362 average annual salary of a broker in charge.

The top three skills for a broker in charge include property management, trust accounts and MLS. The most important skills for a real estate lawyer are litigation, sale agreements, and .

Broker in charge vs real estate lawyer overview

Broker In ChargeReal Estate Lawyer
Yearly salary$60,362$70,398
Hourly rate$29.02$33.85
Growth rate5%5%
Number of jobs7,03617,608
Job satisfaction--
Most common degreeBachelor's Degree, 71%Doctoral Degree, 43%
Average age4949
Years of experience--

Broker in charge vs real estate lawyer salary

Brokers in charge and real estate lawyers have different pay scales, as shown below.

Broker In ChargeReal Estate Lawyer
Average salary$60,362$70,398
Salary rangeBetween $41,000 And $88,000Between $45,000 And $107,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between broker in charge and real estate lawyer education

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

Broker In ChargeReal Estate Lawyer
Most common degreeBachelor's Degree, 71%Doctoral Degree, 43%
Most common majorBusinessLaw
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker in charge vs real estate lawyer demographics

Here are the differences between brokers in charge' and real estate lawyers' demographics:

Broker In ChargeReal Estate Lawyer
Average age4949
Gender ratioMale, 44.3% Female, 55.7%Male, 38.9% Female, 61.1%
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, 4.2% Unknown, 4.2% Hispanic or Latino, 9.6% Asian, 5.7% White, 76.0% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between broker in charge and real estate lawyer 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.

Real estate lawyer example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Conduct paralegal, title, and closing activities for a busy firm handling REO / special asset and non-standard closings.
  • Created/Manage enterprise database for multiple REO businesses.
  • 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.

Broker in charge vs real estate lawyer skills

Common broker in charge skills
  • Property Management, 12%
  • Trust Accounts, 9%
  • MLS, 9%
  • Financial Institutions, 6%
  • Escrow, 6%
  • Payroll, 6%
Common real estate lawyer skills
  • Litigation, 87%
  • Sale Agreements, 13%