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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 | Real Estate Broker | |
| Yearly salary | $41,447 | $80,250 |
| Hourly rate | $19.93 | $38.58 |
| Growth rate | -5% | 5% |
| Number of jobs | 22,043 | 19,151 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 65% |
| Average age | 47 | 49 |
| Years of experience | 2 | - |
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.
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 assistants and real estate brokers have different pay scales, as shown below.
| Real Estate Assistant | Real Estate Broker | |
| Average salary | $41,447 | $80,250 |
| Salary range | Between $31,000 And $54,000 | Between $56,000 And $114,000 |
| Highest paying City | Seattle, WA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | Ernst & Young | Village Real Estate |
| Best paying industry | Finance | Finance |
There are a few differences between a real estate assistant and a real estate broker in terms of educational background:
| Real Estate Assistant | Real Estate Broker | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between real estate assistants' and real estate brokers' demographics:
| Real Estate Assistant | Real Estate Broker | |
| Average age | 47 | 49 |
| Gender ratio | Male, 24.3% Female, 75.7% | Male, 54.3% Female, 45.7% |
| Race ratio | Black 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 Percentage | 6% | 13% |