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Claims adjuster vs real estate agent

The differences between claims adjusters 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 $51,116 average annual salary of a claims adjuster.

The top three skills for a claims adjuster include insurance carriers, auto claims and customer service. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Claims adjuster vs real estate agent overview

Claims AdjusterReal Estate Agent
Yearly salary$51,116$91,788
Hourly rate$24.57$44.13
Growth rate-6%5%
Number of jobs13,22141,399
Job satisfaction-4
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 59%
Average age4449
Years of experience4-

What does a claims adjuster do?

A claim's adjuster is responsible for the handling of the insurance claims and investigating the extent of property damage and processing the business or a person's liability. Claims adjusters have a broad range of duties such as damage inspection to evaluate incident reports, communicating with property owners and spectators as well as referring to legal documents. They must also have excellent analytical and critical-thinking skills to calculate payments and analyze the complexities of multiple sources. Claims adjusters should also provide timely reports for reference and possible disputes.

What does a real estate agent do?

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.

Claims adjuster vs real estate agent salary

Claims adjusters and real estate agents have different pay scales, as shown below.

Claims AdjusterReal Estate Agent
Average salary$51,116$91,788
Salary rangeBetween $40,000 And $64,000Between $66,000 And $126,000
Highest paying CityLos Angeles, CALong Beach, NY
Highest paying stateNew JerseyWest Virginia
Best paying companyMerchants Insurance GroupSanta Clara Valley Water District
Best paying industryInsuranceFinance

Differences between claims adjuster and real estate agent education

There are a few differences between a claims adjuster and a real estate agent in terms of educational background:

Claims AdjusterReal Estate Agent
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeStanford University-

Claims adjuster vs real estate agent demographics

Here are the differences between claims adjusters' and real estate agents' demographics:

Claims AdjusterReal Estate Agent
Average age4449
Gender ratioMale, 45.1% Female, 54.9%Male, 43.4% Female, 56.6%
Race ratioBlack or African American, 11.8% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.2% American Indian and Alaska Native, 0.5%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 Percentage10%13%

Differences between claims adjuster and real estate agent duties and responsibilities

Claims adjuster example responsibilities.

  • Achieve targeted performance goals to manage costs and support Allstate's industry-leading operational standards.
  • Maintain a full caseload of WC files for a Louisiana customer, for six months, while managing this team.
  • Manage California branch operations including supervision of 5 WC adjusting and support staff
  • Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
  • Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Show more

Real estate agent example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
  • Create ad campaigns via Google ad-words and Facebook.
  • Determine whether title transfers are assessable for taxation.
  • Learn all phases of real estate ethics, practice and procedures.
  • Review and analyze corporate leases, securities offerings, and secure transactions.
  • Show more

Claims adjuster vs real estate agent skills

Common claims adjuster skills
  • Insurance Carriers, 13%
  • Auto Claims, 8%
  • Customer Service, 8%
  • Litigation, 7%
  • Xactimate, 6%
  • Claims Handling, 5%
Common real estate agent skills
  • Customer Service, 15%
  • Real Estate License, 11%
  • Excellent Interpersonal, 10%
  • Real Estate Market, 10%
  • Open Houses, 7%
  • Develop Marketing Materials, 6%

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