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Broker realtor vs real estate sales associate

The differences between broker realtors and real estate sales associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, 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 sales associate are lead generation, real estate market, and commercial property.

Broker realtor vs real estate sales associate overview

Broker RealtorReal Estate Sales Associate
Yearly salary$40,805$92,941
Hourly rate$19.62$44.68
Growth rate5%5%
Number of jobs8,885148,646
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 60%
Average age4949
Years of experience--

Broker realtor vs real estate sales associate salary

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

Broker RealtorReal Estate Sales Associate
Average salary$40,805$92,941
Salary rangeBetween $27,000 And $60,000Between $62,000 And $139,000
Highest paying City-New York, NY
Highest paying state-Massachusetts
Best paying company-Greenberg Traurig
Best paying industry-Professional

Differences between broker realtor and real estate sales associate education

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

Broker RealtorReal Estate Sales Associate
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Broker realtor vs real estate sales associate demographics

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

Broker RealtorReal Estate Sales Associate
Average age4949
Gender ratioMale, 42.7% Female, 57.3%Male, 47.1% Female, 52.9%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between broker realtor and real estate sales associate 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 sales associate example responsibilities.

  • Manage REO listings, complete BPOs, property checks, negotiate offers and manage closings.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare legal documents such as HUD-1 settlement statement, sales contracts, leasing agreements, etc.
  • Perform foreclosure inspections and price opinions on REO properties.
  • Prepare real estate closing documents to include HUD settlement statement and RESPA documents.
  • Provide notary services as needed for legal documentation (notary license still current).
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Broker realtor vs real estate sales associate 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 sales associate skills
  • Lead Generation, 24%
  • Real Estate Market, 12%
  • Commercial Property, 11%
  • Open Houses, 10%
  • Residential Real Estate, 7%
  • Customer Service, 6%