Buyer broker vs realtor

The differences between buyer brokers and realtors 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 $38,290 average annual salary of a realtor.

Buyer broker vs realtor overview

	Buyer Broker	Realtor
Yearly salary	$55,572	$38,290
Hourly rate	$26.72	$18.41
Growth rate	5%	5%
Number of jobs	10,633	7,482
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 60%
Average age	49	49
Years of experience	-	-

Buyer broker vs realtor salary

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

	Buyer Broker	Realtor
Average salary	$55,572	$38,290
Salary range	Between $38,000 And $79,000	Between $27,000 And $53,000
Highest paying City	Milwaukee, WI	San Antonio, TX
Highest paying state	New York	Connecticut
Best paying company	-	Berkshire Hathaway Homeservices Alliance Real Estate
Best paying industry	-	Real Estate

Differences between buyer broker and realtor education

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

	Buyer Broker	Realtor
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 60%
Most common major	Business	Business
Most common college	University of Southern California	-

Buyer broker vs realtor demographics

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

	Buyer Broker	Realtor
Average age	49	49
Gender ratio	Male, 60.3% Female, 39.7%	Male, 40.2% Female, 59.8%
Race ratio	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%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%
LGBT Percentage	13%	13%

Differences between buyer broker and realtor 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.

Realtor example responsibilities.

Process funds and manage accounts through QuickBooks.
Manage scheduling and develop computer reports and MLS listings, create PowerPoint presentations, marketing materials and handle advertising.
Place and remove signs & lockboxes.
Make entries into QuickBooks; reconcile monthly bank statements.
Install yard signs, directional signs and lockboxes on each listing.
Coordinate social media advertisements by posting updates to Facebook, LinkedIn, and Pinterest accounts.

Buyer broker vs realtor

Buyer broker vs realtor overview

Buyer broker vs realtor salary

Differences between buyer broker and realtor education

Buyer broker vs realtor demographics

Differences between buyer broker and realtor duties and responsibilities

Buyer broker example responsibilities.

Realtor example responsibilities.

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