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Broker realtor vs real estate consultant

The differences between broker realtors and real estate consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, 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 real estate consultant are customer service, real estate market, and project management.

Broker realtor vs real estate consultant overview

Broker RealtorReal Estate Consultant
Yearly salary$40,805$92,358
Hourly rate$19.62$44.40
Growth rate5%5%
Number of jobs8,88522,428
Job satisfaction-4
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 67%
Average age4949
Years of experience--

Broker realtor vs real estate consultant salary

Broker realtors and real estate consultants have different pay scales, as shown below.

Broker RealtorReal Estate Consultant
Average salary$40,805$92,358
Salary rangeBetween $27,000 And $60,000Between $61,000 And $138,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-Marcus & Millichap
Best paying industry-Finance

Differences between broker realtor and real estate consultant education

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

Broker RealtorReal Estate Consultant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Broker realtor vs real estate consultant demographics

Here are the differences between broker realtors' and real estate consultants' demographics:

Broker RealtorReal Estate Consultant
Average age4949
Gender ratioMale, 42.7% Female, 57.3%Male, 61.5% Female, 38.5%
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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between broker realtor and real estate consultant 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.
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Real estate consultant example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
  • Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
  • Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Train on the MLS, and all state approve contracts and systems.
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Broker realtor vs real estate consultant 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 real estate consultant skills
  • Customer Service, 11%
  • Real Estate Market, 9%
  • Project Management, 6%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Real Estate Sales, 5%