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Broker realtor vs buyer broker

The differences between broker realtors and buyer brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a buyer broker has an average salary of $55,572, which is higher than the $40,805 average annual salary of a broker realtor.

Broker realtor vs buyer broker overview

Broker RealtorBuyer Broker
Yearly salary$40,805$55,572
Hourly rate$19.62$26.72
Growth rate5%5%
Number of jobs8,88510,633
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 55%
Average age4949
Years of experience--

Broker realtor vs buyer broker salary

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

Broker RealtorBuyer Broker
Average salary$40,805$55,572
Salary rangeBetween $27,000 And $60,000Between $38,000 And $79,000
Highest paying City-Milwaukee, WI
Highest paying state-New York
Best paying company--
Best paying industry--

Differences between broker realtor and buyer broker education

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

Broker RealtorBuyer Broker
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Broker realtor vs buyer broker demographics

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

Broker RealtorBuyer Broker
Average age4949
Gender ratioMale, 42.7% Female, 57.3%Male, 60.3% Female, 39.7%
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, 5.3% 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 realtor and buyer broker 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

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 realtor vs buyer broker 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 buyer broker skills

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