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The differences between licensed realtors and home agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed realtor has an average salary of $38,029, which is higher than the $23,972 average annual salary of a home agent.
The top three skills for a licensed realtor include residential real estate, purchase agreements and lead generation. The most important skills for a home agent are customer service, inbound calls, and windows.
| Licensed Realtor | Home Agent | |
| Yearly salary | $38,029 | $23,972 |
| Hourly rate | $18.28 | $11.53 |
| Growth rate | 5% | 5% |
| Number of jobs | 17,429 | 80,123 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 32% |
| Average age | 49 | 49 |
| Years of experience | - | - |
A real estate agent is responsible for helping a client sell, rent, or buy a property such as land, houses, and buildings according to what they want. They are the ones who give accurate guidance and advice to clients on how they can sell or promote their property in the market. Agents also work with clients to negotiate pricing. The real estate agent checks and sees to it that all documents and other information needed are furnished to ensure the seller's credibility and truthfulness.
Home Agents are responsible for negotiating the letting and sales of residential home properties through liaising with clients, property professionals, and solicitors. Their duties include gathering property information, reaching out to sellers about the property, estimating property value, and marketing properties for sale. They represent sellers in the negotiation process and liaise with stakeholders, advise prospective buyers, and reach acceptable prices. Homes Agents in the letting space will do credit checks for tenants, draft tenancy agreements, organize rent payment schedules, and resolve property issues.
Licensed realtors and home agents have different pay scales, as shown below.
| Licensed Realtor | Home Agent | |
| Average salary | $38,029 | $23,972 |
| Salary range | Between $27,000 And $52,000 | Between $15,000 And $36,000 |
| Highest paying City | Austin, TX | - |
| Highest paying state | New York | - |
| Best paying company | Paññã | - |
| Best paying industry | Real Estate | - |
There are a few differences between a licensed realtor and a home agent in terms of educational background:
| Licensed Realtor | Home Agent | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 32% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between licensed realtors' and home agents' demographics:
| Licensed Realtor | Home Agent | |
| Average age | 49 | 49 |
| Gender ratio | Male, 38.3% Female, 61.7% | Male, 26.3% Female, 73.7% |
| Race ratio | Black 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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |