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Real estate assistant vs real estate broker

The differences between real estate assistants and real estate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker has an average salary of $80,250, which is higher than the $41,447 average annual salary of a real estate assistant.

The top three skills for a real estate assistant include MLS, open houses and purchase agreements. The most important skills for a real estate broker are real estate sales, purchase agreements, and financial resources.

Real estate assistant vs real estate broker overview

Real Estate AssistantReal Estate Broker
Yearly salary$41,447$80,250
Hourly rate$19.93$38.58
Growth rate-5%5%
Number of jobs22,04319,151
Job satisfaction--
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 65%
Average age4749
Years of experience2-

What does a real estate assistant do?

A real estate assistant is responsible for supporting agents on real estate operations, providing the best customer service for the clients, and assisting with various paperwork. Real estate assistants research lots and properties, analyze the current market trends to compare prices, and create reports for the management's review. They perform administrative and clerical duties as needed, join real estate agents on-site visits, schedule appointments, coordinate with the team for marketing campaigns and promotional events, write proposals, and conduct follow-ups for closing processes.

What does a real estate broker do?

Real estate appraisers are unique in that many of them are self-employed. Nevertheless, it is a career that will require an enterprising, inquisitive, and motivated personality, as well as impartiality and unbiased nature. Appraisers will provide objective opinions on the value of properties, as well as assist the owners/managers/investors for real estate. They must also verify legal real estate records, inspect properties, photograph interior and exterior structures, and prepare and maintain written reports on property values.

Real estate assistant vs real estate broker salary

Real estate assistants and real estate brokers have different pay scales, as shown below.

Real Estate AssistantReal Estate Broker
Average salary$41,447$80,250
Salary rangeBetween $31,000 And $54,000Between $56,000 And $114,000
Highest paying CitySeattle, WANew York, NY
Highest paying stateWashingtonNew York
Best paying companyErnst & YoungVillage Real Estate
Best paying industryFinanceFinance

Differences between real estate assistant and real estate broker education

There are a few differences between a real estate assistant and a real estate broker in terms of educational background:

Real Estate AssistantReal Estate Broker
Most common degreeBachelor's Degree, 54%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Real estate assistant vs real estate broker demographics

Here are the differences between real estate assistants' and real estate brokers' demographics:

Real Estate AssistantReal Estate Broker
Average age4749
Gender ratioMale, 24.3% Female, 75.7%Male, 54.3% Female, 45.7%
Race ratioBlack or African American, 9.7% Unknown, 4.4% Hispanic or Latino, 21.8% Asian, 8.3% White, 54.8% American Indian and Alaska Native, 0.9%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.0% American Indian and Alaska Native, 0.3%
LGBT Percentage6%13%

Differences between real estate assistant and real estate broker duties and responsibilities

Real estate assistant example responsibilities.

  • Manage incoming projects by completing necessary applications, communicating with brokers and visiting job sites.Height Home LLC, Greenville, NC
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Complete monthly A/P, A/R and payroll duties.
  • Acheive record sales numbers of condominiums.
  • Include working with developers selling new construction of houses and condominiums.
  • Prepare A/R status worksheets and reconcile A/R (MRI & Yardi )
  • Show more

Real estate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare all marketing materials, coordinate closings, enter necessary data into the MLS to ensure homes are represent correctly
  • Review, analyze and process moderately complex homeowner property, contents and liability claims within assign work with REO properties.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Process the movement of funds and equities.
  • Prepare and submit probate and administration petitions.
  • Show more

Real estate assistant vs real estate broker skills

Common real estate assistant skills
  • MLS, 14%
  • Open Houses, 8%
  • Purchase Agreements, 7%
  • Client Database, 6%
  • Scheduling Appointments, 6%
  • Sales Contracts, 5%
Common real estate broker skills
  • Real Estate Sales, 14%
  • Purchase Agreements, 11%
  • Financial Resources, 8%
  • Property Management, 7%
  • Open Houses, 5%
  • Client Relationships, 4%

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