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Buyer broker vs buyers' agent

The differences between buyer brokers and buyers' agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a buyers' agent has an average salary of $59,175, which is higher than the $55,572 average annual salary of a buyer broker.

Buyer broker vs buyers' agent overview

Buyer BrokerBuyers' Agent
Yearly salary$55,572$59,175
Hourly rate$26.72$28.45
Growth rate5%5%
Number of jobs10,63333,999
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 64%
Average age4948
Years of experience-6

Buyer broker vs buyers' agent salary

Buyer brokers and buyers' agents have different pay scales, as shown below.

Buyer BrokerBuyers' Agent
Average salary$55,572$59,175
Salary rangeBetween $38,000 And $79,000Between $40,000 And $86,000
Highest paying CityMilwaukee, WI-
Highest paying stateNew York-
Best paying company--
Best paying industry--

Differences between buyer broker and buyers' agent education

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

Buyer BrokerBuyers' Agent
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Buyer broker vs buyers' agent demographics

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

Buyer BrokerBuyers' Agent
Average age4948
Gender ratioMale, 60.3% Female, 39.7%Male, 44.0% Female, 56.0%
Race ratioBlack 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%Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.4% White, 65.8% American Indian and Alaska Native, 0.8%
LGBT Percentage13%7%

Differences between buyer broker and buyers' agent duties and responsibilities

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.

Buyers' agent example responsibilities.

  • Apply expertise in distress properties, REO, portfolio disposition and traditional sales to accomplish business goals.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Work with investors to purchase bulk REO properties across metro Atlanta.
  • Maintain agent's listing database on agent's personal website, as well as regional MLS system.
  • Market exclusive and open listings through company website, MLS sources, and in conjunction with other brokers.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
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