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Finance advisor vs real estate agent

The differences between finance advisors 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 $64,993 average annual salary of a finance advisor.

The top three skills for a finance advisor include team support, wealth management and securities. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Finance advisor vs real estate agent overview

Finance AdvisorReal Estate Agent
Yearly salary$64,993$91,788
Hourly rate$31.25$44.13
Growth rate15%5%
Number of jobs106,31141,399
Job satisfaction-4
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 59%
Average age4549
Years of experience4-

What does a finance advisor do?

A Financial Advisor specializes in sharing their expertise with an individual or company on how to handle and boost finances. The responsibilities of a Financial Advisor include creating and proposing a strategy to attain financial gains through profits and investments, educating the client about new methods and opportunities, monitor and evaluate progress, and as well as plan policies according to the clients' life changes. Furthermore, it is also the duty of the Financial Advisor to research new investments that would be of great help to the client's assets.

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.

Finance advisor vs real estate agent salary

Finance advisors and real estate agents have different pay scales, as shown below.

Finance AdvisorReal Estate Agent
Average salary$64,993$91,788
Salary rangeBetween $34,000 And $121,000Between $66,000 And $126,000
Highest paying CityNew York, NYLong Beach, NY
Highest paying stateNew YorkWest Virginia
Best paying companyEnbridgeSanta Clara Valley Water District
Best paying industryFinanceFinance

Differences between finance advisor and real estate agent education

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

Finance AdvisorReal Estate Agent
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of Minnesota - Twin Cities-

Finance advisor vs real estate agent demographics

Here are the differences between finance advisors' and real estate agents' demographics:

Finance AdvisorReal Estate Agent
Average age4549
Gender ratioMale, 72.3% Female, 27.7%Male, 43.4% Female, 56.6%
Race ratioBlack or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%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 Percentage5%13%

Differences between finance advisor and real estate agent duties and responsibilities

Finance advisor example responsibilities.

  • Manage all budget and forecast submissions into Hyperion.
  • Manage $3MM private investment portfolio consisting of mid-cap/large-cap equities.
  • Structure and manage investment portfolios using a range of financial instruments, including equity securities and fix income instruments.
  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Research eligibility and status of all Medicare and Medicaid patients.
  • Perform portfolio analysis using MorningStar workstation and complete cost basis research project.
  • 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

Finance advisor vs real estate agent skills

Common finance advisor skills
  • Team Support, 7%
  • Wealth Management, 7%
  • Securities, 6%
  • Strong Computer, 6%
  • Financial Services, 6%
  • Client Facing, 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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