Managing broker vs affiliate broker

The differences between managing brokers and affiliate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a managing broker has an average salary of $61,806, which is higher than the $52,386 average annual salary of an affiliate broker.

The top three skills for a managing broker include MLS, real estate brokerage and real estate sales. The most important skills for an affiliate broker are purchase agreements, open houses, and comparative market analysis.

Managing broker vs affiliate broker overview

	Managing Broker	Affiliate Broker
Yearly salary	$61,806	$52,386
Hourly rate	$29.71	$25.19
Growth rate	5%	5%
Number of jobs	7,017	9,033
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 66%
Average age	49	49
Years of experience	-	-

Managing broker vs affiliate broker salary

Managing brokers and affiliate brokers have different pay scales, as shown below.

	Managing Broker	Affiliate Broker
Average salary	$61,806	$52,386
Salary range	Between $41,000 And $92,000	Between $33,000 And $82,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between managing broker and affiliate broker education

There are a few differences between a managing broker and an affiliate broker in terms of educational background:

	Managing Broker	Affiliate Broker
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Managing broker vs affiliate broker demographics

Here are the differences between managing brokers' and affiliate brokers' demographics:

	Managing Broker	Affiliate Broker
Average age	49	49
Gender ratio	Male, 59.5% Female, 40.5%	Male, 45.9% Female, 54.1%
Race ratio	Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.7% American Indian and Alaska Native, 0.3%	Black or African American, 5.9% Unknown, 4.4% Hispanic or Latino, 11.0% Asian, 7.1% White, 71.3% American Indian and Alaska Native, 0.3%
LGBT Percentage	13%	13%

Differences between managing broker and affiliate broker duties and responsibilities

Managing broker example responsibilities.

Create and manage all advertising: fliers, brochures, web-site design, MLS input.
Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Perform routine and closing inspections on HUD properties on asset manager timelines.
Prepare contracts and documentation; advise clients on general escrow and title procedures.
Design and maintain business web site, business accounting, attend marketing and training seminars for HUD homes.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.

Affiliate broker example responsibilities.

Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
Used MLS to research information for buyers and sellers.
Search MLS daily, schedule inspections, process paper work, and attend settlements.
Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
Draft probate petition documents and administer probate estates.

Managing broker vs affiliate broker skills

Common managing broker skills

MLS, 18%
Real Estate Brokerage, 15%
Real Estate Sales, 8%
Financial Analysis, 8%
Property Management, 7%
Real Estate Law, 7%

Common affiliate broker skills

Purchase Agreements, 10%
Open Houses, 10%
Comparative Market Analysis, 6%
Property Management, 5%
Escrow Companies, 5%
Residential Properties, 5%

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Managing Broker
Managing Broker vs Affiliate Broker

Updated January 8, 2025

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