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Broker realtor vs broker in charge

The differences between broker realtors and brokers in charge 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 $40,805 average annual salary of a broker realtor.

The top three skills for a broker realtor include purchase agreements, real estate sales and sales contracts. The most important skills for a broker in charge are property management, trust accounts, and MLS.

Broker realtor vs broker in charge overview

Broker RealtorBroker In Charge
Yearly salary$40,805$60,362
Hourly rate$19.62$29.02
Growth rate5%5%
Number of jobs8,8857,036
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Average age4949
Years of experience--

Broker realtor vs broker in charge salary

Broker realtors and brokers in charge have different pay scales, as shown below.

Broker RealtorBroker In Charge
Average salary$40,805$60,362
Salary rangeBetween $27,000 And $60,000Between $41,000 And $88,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between broker realtor and broker in charge education

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

Broker RealtorBroker In Charge
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker realtor vs broker in charge demographics

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

Broker RealtorBroker In Charge
Average age4949
Gender ratioMale, 42.7% Female, 57.3%Male, 44.3% Female, 55.7%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% American Indian and Alaska Native, 0.3%Black 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%
LGBT Percentage13%13%

Differences between broker realtor and broker in charge duties and responsibilities

Broker realtor example responsibilities.

  • Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
  • Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
  • Identify data trends in a volatile market and analyze data from MLS to develop and evaluate marketing strategy and implement solutions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Show more

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.

Broker realtor vs broker in charge skills

Common broker realtor skills
  • Purchase Agreements, 16%
  • Real Estate Sales, 14%
  • Sales Contracts, 9%
  • Comparative Market Analysis, 6%
  • Open Houses, 5%
  • Property Management, 4%
Common broker in charge skills
  • Property Management, 12%
  • Trust Accounts, 9%
  • MLS, 9%
  • Financial Institutions, 6%
  • Escrow, 6%
  • Payroll, 6%