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Commission broker vs inside sales representative

The differences between commission brokers and inside sales representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a commission broker and an inside sales representative. Additionally, a commission broker has an average salary of $55,033, which is higher than the $44,413 average annual salary of an inside sales representative.

The top three skills for a commission broker include broker commissions, medicare and test suites. The most important skills for an inside sales representative are customer service, CRM, and outbound calls.

Commission broker vs inside sales representative overview

Commission BrokerInside Sales Representative
Yearly salary$55,033$44,413
Hourly rate$26.46$21.35
Growth rate4%4%
Number of jobs2,025244,168
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 66%
Average age4747
Years of experience44

Commission broker vs inside sales representative salary

Commission brokers and inside sales representatives have different pay scales, as shown below.

Commission BrokerInside Sales Representative
Average salary$55,033$44,413
Salary rangeBetween $37,000 And $80,000Between $28,000 And $69,000
Highest paying City-Seattle, WA
Highest paying state-Wyoming
Best paying company-Berkshire Hathaway
Best paying industry-Technology

Differences between commission broker and inside sales representative education

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

Commission BrokerInside Sales Representative
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaSUNY College of Technology at Alfred

Commission broker vs inside sales representative demographics

Here are the differences between commission brokers' and inside sales representatives' demographics:

Commission BrokerInside Sales Representative
Average age4747
Gender ratioMale, 49.0% Female, 51.0%Male, 54.7% Female, 45.3%
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, 3.8% Unknown, 3.7% Hispanic or Latino, 14.0% Asian, 5.1% White, 73.1% American Indian and Alaska Native, 0.2%
LGBT Percentage6%6%

Differences between commission broker and inside sales representative 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.

Inside sales representative example responsibilities.

  • Coordinate commercial sales and manage projects with HVAC contractors for Georgia district.
  • Accomplish tasks in a timely manner.Skills UsedComputer, math, reading wiring schematics.
  • Generate leads through the use of Linkedin, firm websites and legal magazines.
  • Manage and develop a nationwide territory through cold calling utilizing LinkedIn?, DiscoverOrg.
  • Manage help desk support for company ERP system as well as employee hardware and software issues.
  • Manage a team of 15-25 ISE's through effective sales coaching, call monitoring and creating sales spiff programs.
  • Show more

Commission broker vs inside sales representative skills

Common commission broker skills
  • Broker Commissions, 42%
  • Medicare, 34%
  • Test Suites, 10%
  • SQL, 7%
  • Commission Statements, 7%
Common inside sales representative skills
  • Customer Service, 22%
  • CRM, 6%
  • Outbound Calls, 5%
  • Product Knowledge, 4%
  • Work Ethic, 4%
  • Sales Process, 3%