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Broker vs buyer broker

The differences between brokers and buyer 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 $55,572 average annual salary of a buyer broker.

Broker vs buyer broker overview

BrokerBuyer Broker
Yearly salary$124,861$55,572
Hourly rate$60.03$26.72
Growth rate5%5%
Number of jobs2,77010,633
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 55%
Average age4949
Years of experience--

Broker vs buyer broker salary

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

BrokerBuyer Broker
Average salary$124,861$55,572
Salary rangeBetween $68,000 And $227,000Between $38,000 And $79,000
Highest paying CityNew York, NYMilwaukee, WI
Highest paying stateNew YorkNew York
Best paying companyChild Guidance & Family Solutions-
Best paying industryInsurance-

Differences between broker and buyer broker education

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

BrokerBuyer Broker
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker vs buyer broker demographics

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

BrokerBuyer Broker
Average age4949
Gender ratioMale, 63.8% Female, 36.2%Male, 60.3% Female, 39.7%
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, 5.3% 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 and buyer 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.
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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 vs buyer broker skills

Common broker skills
  • Brokerage, 17%
  • Financial Services, 9%
  • Insurance Products, 7%
  • Risk Management, 6%
  • Client Relationships, 6%
  • Real Estate Transactions, 5%
Common buyer broker skills

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