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Property claims adjuster vs real estate agent

The differences between property claims adjusters 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 $54,520 average annual salary of a property claims adjuster.

The top three skills for a property claims adjuster include customer service, claims handling and xactimate. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.

Property claims adjuster vs real estate agent overview

Property Claims AdjusterReal Estate Agent
Yearly salary$54,520$91,788
Hourly rate$26.21$44.13
Growth rate-6%5%
Number of jobs16,95741,399
Job satisfaction-4
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 59%
Average age4449
Years of experience4-

What does a property claims adjuster do?

Property Claims Adjusters are individuals who evaluate the insurance claims of their clients. They specialize in the appraisal of property-related insurance claims such as damages or other concerns. They often work outside the office, typically always on fieldwork, since their job entails them to visit the property involved in the insurance claim. Property Claims Adjusters appraise the property, check the damages, evaluate whether the claims are valid, and provide their verdict. Insurance Claims on the property are adjusted based on their recommendations and final verdict. Property claims adjusters should be familiar with building codes, property laws, and insurance guidelines.

What does a real estate agent do?

A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.

Property claims adjuster vs real estate agent salary

Property claims adjusters and real estate agents have different pay scales, as shown below.

Property Claims AdjusterReal Estate Agent
Average salary$54,520$91,788
Salary rangeBetween $39,000 And $74,000Between $66,000 And $126,000
Highest paying CityTrenton, NJLong Beach, NY
Highest paying stateNew JerseyWest Virginia
Best paying companyEMC InsuranceSanta Clara Valley Water District
Best paying industryInsuranceFinance

Differences between property claims adjuster and real estate agent education

There are a few differences between a property claims adjuster and a real estate agent in terms of educational background:

Property Claims AdjusterReal Estate Agent
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeStanford University-

Property claims adjuster vs real estate agent demographics

Here are the differences between property claims adjusters' and real estate agents' demographics:

Property Claims AdjusterReal Estate Agent
Average age4449
Gender ratioMale, 59.2% Female, 40.8%Male, 43.4% Female, 56.6%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.3% 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 Percentage10%13%

Differences between property claims adjuster and real estate agent duties and responsibilities

Property claims adjuster example responsibilities.

  • Manage file inventory by utilizing CCC pathways diary system documenting claim file activities in accordance with establish procedures
  • Offer diligent investigations and evaluation of commercial and third party liability claims, investigative and litigation management.
  • Represent the insurance company in an arbitration settlement in NYC.
  • Write denial letters, reservations of rights letters, and other complex correspondence.
  • Recognize potentially fraudulent claims, utilizes SIU and other sources as needed, consults with management.
  • Negotiate with attorneys, order police reports, assist with the SIU department for possible fraud claims.
  • Show more

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.
  • Show more

Property claims adjuster vs real estate agent skills

Common property claims adjuster skills
  • Customer Service, 34%
  • Claims Handling, 11%
  • Xactimate, 8%
  • Strong Customer Service, 5%
  • Damage Estimates, 5%
  • Policy Coverage, 3%
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%

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