Home builder vs real estate developer

The differences between home builders and real estate developers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a home builder, becoming a real estate developer takes usually requires 4-6 years. Additionally, a real estate developer has an average salary of $93,510, which is higher than the $59,987 average annual salary of a home builder.

The top three skills for a home builder include plumbing, windows and safety standards. The most important skills for a real estate developer are financial statements, property management, and due diligence.

Home builder vs real estate developer overview

	Home Builder	Real Estate Developer
Yearly salary	$59,987	$93,510
Hourly rate	$28.84	$44.96
Growth rate	2%	3%
Number of jobs	42,885	87,865
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 71%
Average age	46	48
Years of experience	-	6

Home builder vs real estate developer salary

Home builders and real estate developers have different pay scales, as shown below.

	Home Builder	Real Estate Developer
Average salary	$59,987	$93,510
Salary range	Between $37,000 And $96,000	Between $66,000 And $131,000
Highest paying City	-	Catonsville, MD
Highest paying state	-	Connecticut
Best paying company	-	RSM US
Best paying industry	-	Media

Differences between home builder and real estate developer education

There are a few differences between a home builder and a real estate developer in terms of educational background:

	Home Builder	Real Estate Developer
Most common degree	Bachelor's Degree, 48%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	-	University of Southern California

Home builder vs real estate developer demographics

Here are the differences between home builders' and real estate developers' demographics:

	Home Builder	Real Estate Developer
Average age	46	48
Gender ratio	Male, 78.7% Female, 21.3%	Male, 66.9% Female, 33.1%
Race ratio	Black or African American, 5.6% Unknown, 3.9% Hispanic or Latino, 19.9% Asian, 1.4% White, 68.0% American Indian and Alaska Native, 1.1%	Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6%
LGBT Percentage	2%	12%

Differences between home builder and real estate developer duties and responsibilities

Home builder example responsibilities.

Manage and decide all remodel activities.
Coordinate set schedules for electricians, plumbers, and hvac personnel.
Hire, train and evaluate employees for all departments in HVAC division.
Hang, finish, and trim out exterior and interior doors, windows, and vents.
end custom work, renovations, remodel, new construction, additions, multifamily, restaurants, and bars.
Cut boards, put up siding, install windows, trim the interior, tile floors, and much more.

Real estate developer example responsibilities.

Manage segment's treasury function including equity forecasting and investment requests as well as lender relations in a difficult banking environment.
Convert FTTH's accounting to QuickBooks
Install windows, doors and put on metal roof.
Remodel entire building, add bathroom, and double glaze windows for views of mountains.
Assist in the preparation of GAAP, statutory, management, and other financial reporting on monthly and quarterly basis.
Conduct semi-annual asset valuations and pro-forma analyses using ARGUS and self-developed models.

Home builder vs real estate developer skills

Common home builder skills

Plumbing, 14%
Windows, 8%
Safety Standards, 8%
Financial Statements, 8%
Real Estate, 7%
Sub Contractors, 6%

Common real estate developer skills

Financial Statements, 14%
Property Management, 10%
Due Diligence, 8%
General Contractors, 7%
Payroll, 4%
Real Estate Development, 4%