Post job

Commission broker vs associate broker

The differences between commission brokers and associate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate broker has an average salary of $64,361, which is higher than the $55,033 average annual salary of a commission broker.

The top three skills for a commission broker include broker commissions, medicare and test suites. The most important skills for an associate broker are excellent client, real estate sales, and financial resources.

Commission broker vs associate broker overview

Commission BrokerAssociate Broker
Yearly salary$55,033$64,361
Hourly rate$26.46$30.94
Growth rate4%5%
Number of jobs2,0258,836
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 65%
Average age4749
Years of experience4-

Commission broker vs associate broker salary

Commission brokers and associate brokers have different pay scales, as shown below.

Commission BrokerAssociate Broker
Average salary$55,033$64,361
Salary rangeBetween $37,000 And $80,000Between $38,000 And $106,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Cushman & Wakefield
Best paying industry-Finance

Differences between commission broker and associate broker education

There are a few differences between a commission broker and an associate broker in terms of educational background:

Commission BrokerAssociate Broker
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Commission broker vs associate broker demographics

Here are the differences between commission brokers' and associate brokers' demographics:

Commission BrokerAssociate Broker
Average age4749
Gender ratioMale, 49.0% Female, 51.0%Male, 52.5% Female, 47.5%
Race ratioBlack or African American, 3.1% Unknown, 3.6% Hispanic or Latino, 9.8% Asian, 4.3% White, 79.0% American Indian and Alaska Native, 0.2%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%
LGBT Percentage6%13%

Differences between commission broker and associate broker duties and responsibilities

Commission broker example responsibilities.

  • Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
  • Cash management, internal/external investigations, high profile courrier service, collections, financial records, CCTV implementation and surveillance management.
  • Comply with HUD guidelines and requirements prior to acquisition of properties.

Associate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Work with clients, prepare & file all the paperwork, input listings to MLS, market and advertise list property.
  • Develop message flows which done XML/XSLT transformations, from one format to another, SOAP/HTTP XML to MRM mappings and transformations.
  • Assist Medicare-eligible individuals with Medicare supplement and replacement plans adhering to CMS guidelines.
  • Develop Indianapolis territory for contacts with senior citizens during the enrollment period for Medicare.
  • Create and maintain accurate MLS listings as well as developed and distribute unique advertising materials.
  • Show more

Commission broker vs associate broker skills

Common commission broker skills
  • Broker Commissions, 42%
  • Medicare, 34%
  • Test Suites, 10%
  • SQL, 7%
  • Commission Statements, 7%
Common associate broker skills
  • Excellent Client, 12%
  • Real Estate Sales, 11%
  • Financial Resources, 7%
  • Market Research, 5%
  • Business Development, 5%
  • Renewal Business, 4%