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Broker vs affiliate broker

The differences between brokers and affiliate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $52,386 average annual salary of an affiliate broker.

The top three skills for a broker include brokerage, financial services and insurance products. The most important skills for an affiliate broker are purchase agreements, open houses, and comparative market analysis.

Broker vs affiliate broker overview

BrokerAffiliate Broker
Yearly salary$124,861$52,386
Hourly rate$60.03$25.19
Growth rate5%5%
Number of jobs2,7709,033
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Average age4949
Years of experience--

Broker vs affiliate broker salary

Brokers and affiliate brokers have different pay scales, as shown below.

BrokerAffiliate Broker
Average salary$124,861$52,386
Salary rangeBetween $68,000 And $227,000Between $33,000 And $82,000
Highest paying CityNew York, NY-
Highest paying stateNew York-
Best paying companyChild Guidance & Family Solutions-
Best paying industryInsurance-

Differences between broker and affiliate broker education

There are a few differences between a broker and an affiliate broker in terms of educational background:

BrokerAffiliate Broker
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker vs affiliate broker demographics

Here are the differences between brokers' and affiliate brokers' demographics:

BrokerAffiliate Broker
Average age4949
Gender ratioMale, 63.8% Female, 36.2%Male, 45.9% Female, 54.1%
Race ratioBlack or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%Black or African American, 5.9% Unknown, 4.4% Hispanic or Latino, 11.0% Asian, 7.1% White, 71.3% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between broker and affiliate broker duties and responsibilities

Broker example responsibilities.

  • Manage, lease and sell office condominiums on site.
  • Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
  • Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
  • Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
  • Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
  • Install the oracle client for windows.
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Affiliate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Used MLS to research information for buyers and sellers.
  • Search MLS daily, schedule inspections, process paper work, and attend settlements.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Draft probate petition documents and administer probate estates.

Broker vs affiliate broker skills

Common broker skills
  • Brokerage, 17%
  • Financial Services, 9%
  • Insurance Products, 7%
  • Risk Management, 6%
  • Client Relationships, 6%
  • Real Estate Transactions, 5%
Common affiliate broker skills
  • Purchase Agreements, 10%
  • Open Houses, 10%
  • Comparative Market Analysis, 6%
  • Property Management, 5%
  • Escrow Companies, 5%
  • Residential Properties, 5%

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Updated January 8, 2025

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