Managing broker vs buyer broker

The differences between managing brokers and buyer 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 $55,572 average annual salary of a buyer broker.

Managing broker vs buyer broker overview

	Managing Broker	Buyer Broker
Yearly salary	$61,806	$55,572
Hourly rate	$29.71	$26.72
Growth rate	5%	5%
Number of jobs	7,017	10,633
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Average age	49	49
Years of experience	-	-

Managing broker vs buyer broker salary

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

	Managing Broker	Buyer Broker
Average salary	$61,806	$55,572
Salary range	Between $41,000 And $92,000	Between $38,000 And $79,000
Highest paying City	-	Milwaukee, WI
Highest paying state	-	New York
Best paying company	-	-
Best paying industry	-	-

Differences between managing broker and buyer broker education

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

	Managing Broker	Buyer Broker
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Managing broker vs buyer broker demographics

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

	Managing Broker	Buyer Broker
Average age	49	49
Gender ratio	Male, 59.5% Female, 40.5%	Male, 60.3% Female, 39.7%
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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	13%	13%

Differences between managing broker and buyer 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.

Buyer broker example responsibilities.

Manage, lease and sell office condominiums on site.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Work with clients to finalize the purchase of new and existing condominiums sell at OwnACondo.com.

Managing broker vs buyer 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 buyer broker skills

Managing Broker vs. similar jobs

Managing Broker related careers

Managing Broker related jobs

What similar roles do

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Managing Broker
Managing Broker vs Buyer Broker

Updated January 8, 2025

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