Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between real estate agents and wholesalers 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 $59,529 average annual salary of a wholesaler.
The top three skills for a real estate agent include customer service, real estate license and excellent interpersonal. The most important skills for a wholesaler are business plan, annuities, and territory sales.
| Real Estate Agent | Wholesaler | |
| Yearly salary | $91,788 | $59,529 |
| Hourly rate | $44.13 | $28.62 |
| Growth rate | 5% | 4% |
| Number of jobs | 41,399 | 6,195 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 80% |
| Average age | 49 | 46 |
| Years of experience | - | 8 |
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.
A wholesaler sources inventory directly from manufacturers in a supply chain and sells it to retailers. They can sell products at a lesser unit price because they are selling in bulk, which reduces the cost and handling time of goods. They are tasked with sourcing products from manufacturers and storing them appropriately. They must have good bargaining skills and effective communication skills, be organized, and have excellent time-keeping skills.
Real estate agents and wholesalers have different pay scales, as shown below.
| Real Estate Agent | Wholesaler | |
| Average salary | $91,788 | $59,529 |
| Salary range | Between $66,000 And $126,000 | Between $41,000 And $84,000 |
| Highest paying City | Long Beach, NY | - |
| Highest paying state | West Virginia | - |
| Best paying company | Santa Clara Valley Water District | - |
| Best paying industry | Finance | - |
There are a few differences between a real estate agent and a wholesaler in terms of educational background:
| Real Estate Agent | Wholesaler | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 80% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between real estate agents' and wholesalers' demographics:
| Real Estate Agent | Wholesaler | |
| Average age | 49 | 46 |
| Gender ratio | Male, 43.4% Female, 56.6% | Male, 75.6% Female, 24.4% |
| 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, 8.1% Unknown, 4.0% Hispanic or Latino, 15.0% Asian, 6.3% White, 66.1% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 13% | 6% |