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The differences between loan analysts 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 $37,857 average annual salary of a loan analyst.
The top three skills for a loan analyst include loan documentation, customer service and real estate. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.
| Loan Analyst | Real Estate Agent | |
| Yearly salary | $37,857 | $91,788 |
| Hourly rate | $18.20 | $44.13 |
| Growth rate | 4% | 5% |
| Number of jobs | 24,756 | 41,399 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 59% |
| Average age | 45 | 49 |
| Years of experience | 6 | - |
A loan analyst is responsible for determining the eligibility of loan applicants in purchasing loan services by analyzing their application documents, account statements, and financial and credit status. Loan analysts evaluate loan agreements and payment plans and explain feasibility to the customers and loan officers before granting the loan. They also provide loan options and alternatives to the clients according to their needs and risk limitations. A loan analyst must have excellent knowledge of the loan and financial industry, especially in handling credit policies and loan processes and ensuring timely submission of reports.
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.
Loan analysts and real estate agents have different pay scales, as shown below.
| Loan Analyst | Real Estate Agent | |
| Average salary | $37,857 | $91,788 |
| Salary range | Between $24,000 And $58,000 | Between $66,000 And $126,000 |
| Highest paying City | Raleigh, NC | Long Beach, NY |
| Highest paying state | South Dakota | West Virginia |
| Best paying company | Barclays | Santa Clara Valley Water District |
| Best paying industry | Finance | Finance |
There are a few differences between a loan analyst and a real estate agent in terms of educational background:
| Loan Analyst | Real Estate Agent | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between loan analysts' and real estate agents' demographics:
| Loan Analyst | Real Estate Agent | |
| Average age | 45 | 49 |
| Gender ratio | Male, 43.2% Female, 56.8% | Male, 43.4% Female, 56.6% |
| Race ratio | Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.4% American Indian and Alaska Native, 0.5% | 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 Percentage | 8% | 13% |