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Buyers' agent vs purchasing agent

The differences between buyers' agents and purchasing agents 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 purchasing agent. Additionally, a buyers' agent has an average salary of $59,175, which is higher than the $51,950 average annual salary of a purchasing agent.

The top three skills for a buyers' agent include buying process, real estate license and purchase agreements. The most important skills for a purchasing agent are purchase orders, customer service, and logistics.

Buyers' agent vs purchasing agent overview

Buyers' AgentPurchasing Agent
Yearly salary$59,175$51,950
Hourly rate$28.45$24.98
Growth rate5%-
Number of jobs33,99945,856
Job satisfaction-5
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 56%
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 purchasing agent do?

A purchasing agent's general task is keeping purchase records and making sure that there won't be any discrepancies with the handling of orders. The purchasing agent should be responsible for the order processing and payment collection. Purchasing agents should also be proficient in interpreting and evaluating data, researching on best marketing sources and alternatives, issuing required documentation for suppliers, as well as managing customer queries as needed. Being a purchasing agent requires critical-thinking skills in assessing concerns and providing solutions should there be any possible negotiation conflicts.

Buyers' agent vs purchasing agent salary

Buyers' agents and purchasing agents have different pay scales, as shown below.

Buyers' AgentPurchasing Agent
Average salary$59,175$51,950
Salary rangeBetween $40,000 And $86,000Between $37,000 And $72,000
Highest paying City-San Jose, CA
Highest paying state-Maryland
Best paying company-Abiomed
Best paying industry-Technology

Differences between buyers' agent and purchasing agent education

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

Buyers' AgentPurchasing Agent
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Buyers' agent vs purchasing agent demographics

Here are the differences between buyers' agents' and purchasing agents' demographics:

Buyers' AgentPurchasing Agent
Average age4848
Gender ratioMale, 44.0% Female, 56.0%Male, 49.5% Female, 50.5%
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, 9.3% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 7.0% White, 65.8% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between buyers' agent and purchasing agent 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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Purchasing agent example responsibilities.

  • Reorganize MRO to manage inventory more efficiently.
  • Utilize MaCola ERP system to process and manage purchase requisitions and purchase orders in coordination with manufacturing forecast.
  • Process purchase orders from electronically generate RFQ'S.
  • Develop programs with suppliers to ensure that commodities meet engineering and quality specifications while maintaining on-time delivery.
  • Prepare purchase orders, RFP's and RFB's, advertise solicitations, review responses and approve contract acceptance.
  • Send out RFQ's and award orders to the best fit and price vendor to ensure manufacturing meets critical due dates.
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Buyers' agent vs purchasing agent skills

Common buyers' agent skills
  • Buying Process, 28%
  • Real Estate License, 27%
  • Purchase Agreements, 10%
  • MLS, 7%
  • Open Houses, 6%
  • Escrow Companies, 2%
Common purchasing agent skills
  • Purchase Orders, 30%
  • Customer Service, 12%
  • Logistics, 5%
  • Inventory Control, 4%
  • MRP, 3%
  • Cost Savings, 3%

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