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The differences between buyers' agents and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, which is higher than the $59,175 average annual salary of a buyers' agent.
The top three skills for a buyers' agent include buying process, real estate license and purchase agreements. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.
| Buyers' Agent | Real Estate Agent | |
| Yearly salary | $59,175 | $91,788 |
| Hourly rate | $28.45 | $44.13 |
| Growth rate | 5% | 5% |
| Number of jobs | 33,999 | 41,399 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 59% |
| Average age | 48 | 49 |
| 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.
A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.
Buyers' agents and real estate agents have different pay scales, as shown below.
| Buyers' Agent | Real Estate Agent | |
| Average salary | $59,175 | $91,788 |
| Salary range | Between $40,000 And $86,000 | Between $66,000 And $126,000 |
| Highest paying City | - | Long Beach, NY |
| Highest paying state | - | West Virginia |
| Best paying company | - | Santa Clara Valley Water District |
| Best paying industry | - | Finance |
There are a few differences between a buyers' agent and a real estate agent in terms of educational background:
| Buyers' Agent | Real Estate Agent | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between buyers' agents' and real estate agents' demographics:
| Buyers' Agent | Real Estate Agent | |
| Average age | 48 | 49 |
| Gender ratio | Male, 44.0% Female, 56.0% | Male, 43.4% Female, 56.6% |
| 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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 13% |