Loan secretary vs real estate agent

The differences between loan secretaries 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 $35,271 average annual salary of a loan secretary.

The top three skills for a loan secretary include customer service, real estate loans and financial statements. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Loan secretary vs real estate agent overview

	Loan Secretary	Real Estate Agent
Yearly salary	$35,271	$91,788
Hourly rate	$16.96	$44.13
Growth rate	-3%	5%
Number of jobs	15,452	41,399
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 59%
Average age	42	49
Years of experience	4	-

Loan secretary vs real estate agent salary

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

	Loan Secretary	Real Estate Agent
Average salary	$35,271	$91,788
Salary range	Between $26,000 And $46,000	Between $66,000 And $126,000
Highest paying City	-	Long Beach, NY
Highest paying state	-	West Virginia
Best paying company	-	Santa Clara Valley Water District
Best paying industry	-	Finance

Differences between loan secretary and real estate agent education

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

	Loan Secretary	Real Estate Agent
Most common degree	Bachelor's Degree, 37%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	-

Loan secretary vs real estate agent demographics

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

	Loan Secretary	Real Estate Agent
Average age	42	49
Gender ratio	Male, 3.6% Female, 96.4%	Male, 43.4% Female, 56.6%
Race ratio	Black or African American, 12.7% Unknown, 4.9% Hispanic or Latino, 13.8% Asian, 6.3% White, 61.8% American Indian and Alaska Native, 0.6%	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	7%	13%

Differences between loan secretary and real estate agent duties and responsibilities

Loan secretary example responsibilities.

Prepare and file UCC's and title applications.
Process auto title work, life insurance, UCC filing and recording.
Review loan files, facilitate and verify loss mitigation application request, determine eligibility for clients requesting foreclosure financial assistance.
Determine loan DU eligibility and submit files to underwriting department.

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 secretary vs real estate agent skills

Common loan secretary skills

Customer Service, 28%
Real Estate Loans, 8%
Financial Statements, 8%
Commercial Loans, 6%
Credit Reports, 6%
Computer System, 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%