Oil lease broker vs broker

The differences between oil lease brokers and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $54,922 average annual salary of an oil lease broker.

The top three skills for an oil lease broker include real estate, financial products and market research. The most important skills for a broker are brokerage, financial services, and insurance products.

Oil lease broker vs broker overview

	Oil Lease Broker	Broker
Yearly salary	$54,922	$124,861
Hourly rate	$26.40	$60.03
Growth rate	10%	5%
Number of jobs	4,598	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 66%
Average age	43	49
Years of experience	6	-

Oil lease broker vs broker salary

Oil lease brokers and brokers have different pay scales, as shown below.

	Oil Lease Broker	Broker
Average salary	$54,922	$124,861
Salary range	Between $34,000 And $86,000	Between $68,000 And $227,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Child Guidance & Family Solutions
Best paying industry	-	Insurance

Differences between oil lease broker and broker education

There are a few differences between an oil lease broker and a broker in terms of educational background:

	Oil Lease Broker	Broker
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	Stanford University	University of Southern California

Oil lease broker vs broker demographics

Here are the differences between oil lease brokers' and brokers' demographics:

	Oil Lease Broker	Broker
Average age	43	49
Gender ratio	Male, 74.6% Female, 25.4%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 5.8% Unknown, 4.2% Hispanic or Latino, 12.2% Asian, 9.0% White, 68.6% American Indian and Alaska Native, 0.2%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	6%	13%

Differences between oil lease broker and broker duties and responsibilities

Oil lease broker example responsibilities.

Manage, inspect, photograph, and create reports biweekly for U.S. department of HUD and Fannie Mae assign properties.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Broker purchases, sales and exchanges of WTI, grade trading, swaps, options, derivatives and spreads.
Identify and capitalize on arbitrage situations.

Broker example responsibilities.

Manage, lease and sell office condominiums on site.
Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
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Oil lease broker vs broker skills

Common oil lease broker skills

Real Estate, 19%
Financial Products, 18%
Market Research, 17%
Financial Analysis, 12%
Database, 10%
Customer Relationships, 8%

Common broker skills

Brokerage, 17%
Financial Services, 9%
Insurance Products, 7%
Risk Management, 6%
Client Relationships, 6%
Real Estate Transactions, 5%