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The differences between real estate assistants and real estate loan officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a real estate assistant, becoming a real estate loan officer takes usually requires 4-6 years. Additionally, a real estate loan officer has an average salary of $90,206, 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 loan officer are real estate loans, mortgage loans, and business development.
| Real Estate Assistant | Real Estate Loan Officer | |
| Yearly salary | $41,447 | $90,206 |
| Hourly rate | $19.93 | $43.37 |
| Growth rate | -5% | 4% |
| Number of jobs | 22,043 | 82,581 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 66% |
| Average age | 47 | 45 |
| Years of experience | 2 | 6 |
Real estate assistants and real estate loan officers have different pay scales, as shown below.
| Real Estate Assistant | Real Estate Loan Officer | |
| Average salary | $41,447 | $90,206 |
| Salary range | Between $31,000 And $54,000 | Between $56,000 And $144,000 |
| Highest paying City | Seattle, WA | - |
| Highest paying state | Washington | - |
| Best paying company | Ernst & Young | - |
| Best paying industry | Finance | - |
There are a few differences between a real estate assistant and a real estate loan officer in terms of educational background:
| Real Estate Assistant | Real Estate Loan Officer | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between real estate assistants' and real estate loan officers' demographics:
| Real Estate Assistant | Real Estate Loan Officer | |
| Average age | 47 | 45 |
| Gender ratio | Male, 24.3% Female, 75.7% | Male, 54.6% Female, 45.4% |
| 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, 8.4% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.4% White, 64.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 6% | 8% |