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Real estate agent vs agent

The differences between real estate agents and 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 $37,864 average annual salary of an agent.

The top three skills for a real estate agent include customer service, real estate license and excellent interpersonal. The most important skills for an agent are insurance products, customer service, and life insurance.

Real estate agent vs agent overview

Real Estate AgentAgent
Yearly salary$91,788$37,864
Hourly rate$44.13$18.20
Growth rate5%6%
Number of jobs41,399184,325
Job satisfaction42
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 44%
Average age4946
Years of experience--

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.

What does an agent do?

Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.

Real estate agent vs agent salary

Real estate agents and agents have different pay scales, as shown below.

Real Estate AgentAgent
Average salary$91,788$37,864
Salary rangeBetween $66,000 And $126,000Between $19,000 And $72,000
Highest paying CityLong Beach, NYNew York, NY
Highest paying stateWest VirginiaNew York
Best paying companySanta Clara Valley Water DistrictLatham & Watkins
Best paying industryFinance-

Differences between real estate agent and agent education

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

Real Estate AgentAgent
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Real estate agent vs agent demographics

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

Real Estate AgentAgent
Average age4946
Gender ratioMale, 43.4% Female, 56.6%Male, 50.5% Female, 49.5%
Race ratioBlack 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%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage13%7%

Differences between real estate agent and agent duties and responsibilities

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

Agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Verify documentation and coding using CPT and ICD-9 correct coding standards.
  • Assist TANF customers with obtaining employment.
  • Direct compliance with all CPT and Medicare guidelines.
  • Train BDC representatives on phone skills and CRM use.
  • Bill appropriate ICD-9 codes to the correct insurance companies.
  • Show more

Real estate agent vs agent skills

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%
Common agent skills
  • Insurance Products, 11%
  • Customer Service, 10%
  • Life Insurance, 8%
  • HR, 6%
  • Inbound Calls, 6%
  • Financial Services, 6%