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Buyers' agent vs planner/buyer

The differences between buyers' agents and planner/buyers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a buyers' agent and a planner/buyer. Additionally, a buyers' agent has an average salary of $59,175, which is higher than the $54,261 average annual salary of a planner/buyer.

The top three skills for a buyers' agent include buying process, real estate license and purchase agreements. The most important skills for a planner/buyer are supply chain, purchase orders, and customer service.

Buyers' agent vs planner/buyer overview

Buyers' AgentPlanner/Buyer
Yearly salary$59,175$54,261
Hourly rate$28.45$26.09
Growth rate5%-3%
Number of jobs33,99933,452
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Average age4848
Years of experience66

What does a buyers' agent do?

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.

What does a planner/buyer do?

The role of buyers/planners is to ensure that office materials and equipment are well-supplied within their organization. They decide and purchase the materials needed for use or resale by their organization. They are responsible for evaluating prospective suppliers based on their cost, product quality, and delivery times. They are also the ones who negotiate contracts specifying the payment terms, price, and delivery schedules. Most employers prefer their buyer to have earned a bachelor's degree with a major in operations management or business management.

Buyers' agent vs planner/buyer salary

Buyers' agents and planner/buyers have different pay scales, as shown below.

Buyers' AgentPlanner/Buyer
Average salary$59,175$54,261
Salary rangeBetween $40,000 And $86,000Between $37,000 And $77,000
Highest paying City-Billerica, MA
Highest paying state-Massachusetts
Best paying company-Edwards Lifesciences
Best paying industry-Technology

Differences between buyers' agent and planner/buyer education

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

Buyers' AgentPlanner/Buyer
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Buyers' agent vs planner/buyer demographics

Here are the differences between buyers' agents' and planner/buyers' demographics:

Buyers' AgentPlanner/Buyer
Average age4848
Gender ratioMale, 44.0% Female, 56.0%Male, 47.9% Female, 52.1%
Race ratioBlack 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, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.9% White, 65.4% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between buyers' agent and planner/buyer duties and responsibilities

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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Planner/buyer example responsibilities.

  • Manage assign commodities by communicating MRP changes to the suppliers, minimizing obsolete inventory while achieving the optimum inventory levels.
  • Manage monthly and year end physical inventory audits of all raw materials, WIP, and finish goods.
  • Manage inventory pipelines from NPI to manufacturing and/or offshore contract manufacturers.
  • Utilize company ERP system for inventory management and schedule optimization.
  • Plan and coordinate all material requirements of assign commodities and supplier availability utilizing the MRP system.
  • Synchronize with packers and freight forwarders to arrange and prepare documentation shipment export.
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Buyers' agent vs planner/buyer skills

Common buyers' agent skills
  • Buying Process, 28%
  • Real Estate License, 27%
  • Purchase Agreements, 10%
  • MLS, 7%
  • Open Houses, 6%
  • Escrow Companies, 2%
Common planner/buyer skills
  • Supply Chain, 14%
  • Purchase Orders, 14%
  • Customer Service, 7%
  • MRP, 6%
  • ERP, 3%
  • Logistics, 3%

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