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The differences between licensed sales agents and real estate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker has an average salary of $80,250, which is higher than the $36,453 average annual salary of a licensed sales agent.
The top three skills for a licensed sales agent include real estate, lead generation and customer service. The most important skills for a real estate broker are real estate sales, purchase agreements, and financial resources.
| Licensed Sales Agent | Real Estate Broker | |
| Yearly salary | $36,453 | $80,250 |
| Hourly rate | $17.53 | $38.58 |
| Growth rate | 10% | 5% |
| Number of jobs | 63,324 | 19,151 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 65% |
| Average age | 43 | 49 |
| Years of experience | 6 | - |
A sales agent is the one who serves as a seller for the customer. They are the one who fulfills and allows them to choose a product or item that they need. Some of their tasks include offering products, taking orders, and providing services for clients. Also, they keep the required documents to report errors or dissatisfaction. Their skills involve being customer-oriented, good management skills, and can communicate effectively.
Real estate appraisers are unique in that many of them are self-employed. Nevertheless, it is a career that will require an enterprising, inquisitive, and motivated personality, as well as impartiality and unbiased nature. Appraisers will provide objective opinions on the value of properties, as well as assist the owners/managers/investors for real estate. They must also verify legal real estate records, inspect properties, photograph interior and exterior structures, and prepare and maintain written reports on property values.
Licensed sales agents and real estate brokers have different pay scales, as shown below.
| Licensed Sales Agent | Real Estate Broker | |
| Average salary | $36,453 | $80,250 |
| Salary range | Between $25,000 And $51,000 | Between $56,000 And $114,000 |
| Highest paying City | Minnetonka, MN | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Oracle | Village Real Estate |
| Best paying industry | Finance | Finance |
There are a few differences between a licensed sales agent and a real estate broker in terms of educational background:
| Licensed Sales Agent | Real Estate Broker | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Southern California |
Here are the differences between licensed sales agents' and real estate brokers' demographics:
| Licensed Sales Agent | Real Estate Broker | |
| Average age | 43 | 49 |
| Gender ratio | Male, 45.1% Female, 54.9% | Male, 54.3% Female, 45.7% |
| Race ratio | Black or African American, 5.9% Unknown, 4.2% Hispanic or Latino, 12.6% Asian, 9.5% White, 67.6% American Indian and Alaska Native, 0.2% | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.0% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 6% | 13% |