Loan counselor vs real estate agent

The differences between loan counselors 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 $49,002 average annual salary of a loan counselor.

The top three skills for a loan counselor include phone calls, payment arrangements and federal regulations. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Loan counselor vs real estate agent overview

	Loan Counselor	Real Estate Agent
Yearly salary	$49,002	$91,788
Hourly rate	$23.56	$44.13
Growth rate	4%	5%
Number of jobs	35,925	41,399
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 59%
Average age	45	49
Years of experience	2	-

Loan counselor vs real estate agent salary

Loan counselors and real estate agents have different pay scales, as shown below.

	Loan Counselor	Real Estate Agent
Average salary	$49,002	$91,788
Salary range	Between $37,000 And $63,000	Between $66,000 And $126,000
Highest paying City	New York, NY	Long Beach, NY
Highest paying state	New York	West Virginia
Best paying company	Mortgage Inv. Group	Santa Clara Valley Water District
Best paying industry	Finance	Finance

Differences between loan counselor and real estate agent education

There are a few differences between a loan counselor and a real estate agent in terms of educational background:

	Loan Counselor	Real Estate Agent
Most common degree	Bachelor's Degree, 49%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	Stanford University	-

Loan counselor vs real estate agent demographics

Here are the differences between loan counselors' and real estate agents' demographics:

	Loan Counselor	Real Estate Agent
Average age	45	49
Gender ratio	Male, 37.1% Female, 62.9%	Male, 43.4% Female, 56.6%
Race ratio	Black or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.2% 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%

Differences between loan counselor and real estate agent duties and responsibilities

Loan counselor example responsibilities.

Manage portfolio of GSE assets that are actively pursuing liquidation or retention options to cure default.
Experience in SBA underwriting that has produce SBA loan approval.
Perform account reviews to ensure associates perform logical progressions of collection efforts and maintain FDCPA guidelines.
Provide early delinquency counseling to CalHFA customers who have conventional or FHA type of loans.
Exercise servicing standards put in place by the FHA, VA, USDA and other private labels.
Resolve accounts using effective negotiating tools and appropriate system documentation in accordance with FDCPA and company's guidelines.

Real estate agent example responsibilities.

Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
Create ad campaigns via Google ad-words and Facebook.
Determine whether title transfers are assessable for taxation.
Learn all phases of real estate ethics, practice and procedures.
Review and analyze corporate leases, securities offerings, and secure transactions.

Loan counselor vs real estate agent skills

Common loan counselor skills

Phone Calls, 14%
Payment Arrangements, 12%
Federal Regulations, 8%
Outbound Collection Calls, 6%
Inbound Calls, 6%
FDCPA, 4%

Common real estate agent skills

Customer Service, 15%
Real Estate License, 11%
Excellent Interpersonal, 10%
Real Estate Market, 10%
Open Houses, 7%
Develop Marketing Materials, 6%