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The differences between buyers' agents and real estate consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, 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 consultant are customer service, real estate market, and project management.
| Buyers' Agent | Real Estate Consultant | |
| Yearly salary | $59,175 | $92,358 |
| Hourly rate | $28.45 | $44.40 |
| Growth rate | 5% | 5% |
| Number of jobs | 33,999 | 22,428 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| 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 consultant is an individual who provides specialized investment and financial advice to clients who are looking to buy, sell, or invest in property. A real estate consultant must provide as many details as possible so that the client can make their decision and avoid problems in the process. They provide clients with value-added services such as asset management, market analysis, and lease management. Real estate consultants must also work with a variety of clients, including construction companies, business owners, or third-party investors.
Buyers' agents and real estate consultants have different pay scales, as shown below.
| Buyers' Agent | Real Estate Consultant | |
| Average salary | $59,175 | $92,358 |
| Salary range | Between $40,000 And $86,000 | Between $61,000 And $138,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Massachusetts |
| Best paying company | - | Marcus & Millichap |
| Best paying industry | - | Finance |
There are a few differences between a buyers' agent and a real estate consultant in terms of educational background:
| Buyers' Agent | Real Estate Consultant | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between buyers' agents' and real estate consultants' demographics:
| Buyers' Agent | Real Estate Consultant | |
| Average age | 48 | 49 |
| Gender ratio | Male, 44.0% Female, 56.0% | Male, 61.5% Female, 38.5% |
| 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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 13% |