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The differences between real estate agents and associate brokers 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 $64,361 average annual salary of an associate broker.
The top three skills for a real estate agent include customer service, real estate license and excellent interpersonal. The most important skills for an associate broker are excellent client, real estate sales, and financial resources.
| Real Estate Agent | Associate Broker | |
| Yearly salary | $91,788 | $64,361 |
| Hourly rate | $44.13 | $30.94 |
| Growth rate | 5% | 5% |
| Number of jobs | 41,399 | 8,836 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| Average age | 49 | 49 |
| Years of experience | - | - |
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.
An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.
Real estate agents and associate brokers have different pay scales, as shown below.
| Real Estate Agent | Associate Broker | |
| Average salary | $91,788 | $64,361 |
| Salary range | Between $66,000 And $126,000 | Between $38,000 And $106,000 |
| Highest paying City | Long Beach, NY | New York, NY |
| Highest paying state | West Virginia | New York |
| Best paying company | Santa Clara Valley Water District | Cushman & Wakefield |
| Best paying industry | Finance | Finance |
There are a few differences between a real estate agent and an associate broker in terms of educational background:
| Real Estate Agent | Associate Broker | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | - | University of Southern California |
Here are the differences between real estate agents' and associate brokers' demographics:
| Real Estate Agent | Associate Broker | |
| Average age | 49 | 49 |
| Gender ratio | Male, 43.4% Female, 56.6% | Male, 52.5% Female, 47.5% |
| Race ratio | 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% | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |