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The differences between real estate attorneys and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $98,016 average annual salary of a real estate attorney.
The top three skills for a real estate attorney include law firm, litigation and legal advice. The most important skills for a broker are brokerage, financial services, and insurance products.
| Real Estate Attorney | Broker | |
| Yearly salary | $98,016 | $124,861 |
| Hourly rate | $47.12 | $60.03 |
| Growth rate | 7% | 5% |
| Number of jobs | 22,444 | 2,770 |
| Job satisfaction | - | - |
| Most common degree | Doctoral Degree, 53% | Bachelor's Degree, 66% |
| Average age | 49 | 49 |
| Years of experience | - | - |
Real estate account executives manage the logistics of commercial or residential real estate accounts. Responsibilities include understanding prospective deals, as well as presenting them to the investment committee, and negotiating and closing transactions. They typically have a solid background in math and computer skills and a good sense of integrity.
Brokers can either be a firm or an individual acting as an intermediary between a securities exchange and an investor. They often provide services to individual investors and traders who cannot engage directly with security exchanges, which only accept orders from their members. They provide investors and traders with an investment plan, market intelligence, and research. They may cross-sell some financial services and products offered by their brokerage firms. They are also typically classified as discount or full-service brokers.
Real estate attorneys and brokers have different pay scales, as shown below.
| Real Estate Attorney | Broker | |
| Average salary | $98,016 | $124,861 |
| Salary range | Between $67,000 And $143,000 | Between $68,000 And $227,000 |
| Highest paying City | Seattle, WA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | Sullivan & Worcester | Child Guidance & Family Solutions |
| Best paying industry | Energy | Insurance |
There are a few differences between a real estate attorney and a broker in terms of educational background:
| Real Estate Attorney | Broker | |
| Most common degree | Doctoral Degree, 53% | Bachelor's Degree, 66% |
| Most common major | Law | Business |
| Most common college | Stanford University | University of Southern California |
Here are the differences between real estate attorneys' and brokers' demographics:
| Real Estate Attorney | Broker | |
| Average age | 49 | 49 |
| Gender ratio | Male, 51.1% Female, 48.9% | Male, 63.8% Female, 36.2% |
| Race ratio | Black or African American, 4.5% Unknown, 3.9% Hispanic or Latino, 6.7% Asian, 2.9% White, 81.6% American Indian and Alaska Native, 0.4% | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 8% | 13% |