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Licensed realtor vs associate realtor

The differences between licensed realtors and associate realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate realtor has an average salary of $40,356, which is higher than the $38,029 average annual salary of a licensed realtor.

The top three skills for a licensed realtor include residential real estate, purchase agreements and lead generation. The most important skills for an associate realtor are residential real estate, purchase agreements, and open houses.

Licensed realtor vs associate realtor overview

Licensed RealtorAssociate Realtor
Yearly salary$38,029$40,356
Hourly rate$18.28$19.40
Growth rate5%5%
Number of jobs17,4297,620
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 59%
Average age4949
Years of experience--

Licensed realtor vs associate realtor salary

Licensed realtors and associate realtors have different pay scales, as shown below.

Licensed RealtorAssociate Realtor
Average salary$38,029$40,356
Salary rangeBetween $27,000 And $52,000Between $28,000 And $57,000
Highest paying CityAustin, TX-
Highest paying stateNew York-
Best paying companyPaññã-
Best paying industryReal Estate-

Differences between licensed realtor and associate realtor education

There are a few differences between a licensed realtor and an associate realtor in terms of educational background:

Licensed RealtorAssociate Realtor
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common college--

Licensed realtor vs associate realtor demographics

Here are the differences between licensed realtors' and associate realtors' demographics:

Licensed RealtorAssociate Realtor
Average age4949
Gender ratioMale, 38.3% Female, 61.7%Male, 43.5% Female, 56.5%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.1% Asian, 6.8% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between licensed realtor and associate realtor duties and responsibilities

Licensed realtor example responsibilities.

  • Monitor and manage inventory of all outlying properties for inspections and listings, maintaining MLS for properties across the agency.
  • Specialize in management, marketing, analysis, repairs and sale of REO properties.
  • Conduct research and develop computer reports on MLS listings in order to create comparative reports and advertising for prospective transactions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Attend closings, review mortgage packages and HUD statements, negotiate unresolve disputes.
  • Prepare preliminary HUD statements and all closing documents.
  • Show more

Associate realtor example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Monitor daily activity through MLS, prepare contracts, and assist with preparation in closings.
  • Input data listing sheets for MLS, process paperwork and commission checks for disbursement, escrow account, payroll.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Ensure REO properties are secured and free from trespass and potential hazards.
  • Account management of office Fannie Mae REO listings, such as BPO's, work orders and pipeline management.
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Licensed realtor vs associate realtor skills

Common licensed realtor skills
  • Residential Real Estate, 32%
  • Purchase Agreements, 9%
  • Lead Generation, 6%
  • Real Estate Market, 5%
  • Sales Contracts, 5%
  • Property Inspections, 4%
Common associate realtor skills
  • Residential Real Estate, 23%
  • Purchase Agreements, 15%
  • Open Houses, 7%
  • MLS, 5%
  • Escrow Companies, 4%
  • Real Estate Sales, 4%