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The differences between buyers' agents and 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 $37,864 average annual salary of an agent.
The top three skills for a buyers' agent include buying process, real estate license and purchase agreements. The most important skills for an agent are insurance products, customer service, and life insurance.
| Buyers' Agent | Agent | |
| Yearly salary | $59,175 | $37,864 |
| Hourly rate | $28.45 | $18.20 |
| Growth rate | 5% | 6% |
| Number of jobs | 33,999 | 184,325 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 44% |
| Average age | 48 | 46 |
| Years of experience | 6 | - |
A Buyers' Agent specializes in helping clients with their real estate needs. Their responsibilities begin at meeting the clients to identify their needs and preferences, discuss budgets and other relevant information, and understand the procedures' extent. From there, a Buyers' Agent conducts research and analysis to curate house listings that a client can choose from. They represent the client when liaising with the sellers' agent, conducting inspections and appraisals, and negotiating terms.
Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.
Buyers' agents and agents have different pay scales, as shown below.
| Buyers' Agent | Agent | |
| Average salary | $59,175 | $37,864 |
| Salary range | Between $40,000 And $86,000 | Between $19,000 And $72,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Latham & Watkins |
| Best paying industry | - | - |
There are a few differences between a buyers' agent and an agent in terms of educational background:
| Buyers' Agent | Agent | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 44% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between buyers' agents' and agents' demographics:
| Buyers' Agent | Agent | |
| Average age | 48 | 46 |
| Gender ratio | Male, 44.0% Female, 56.0% | Male, 50.5% Female, 49.5% |
| Race ratio | 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% | Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |