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Real estate broker associate vs broker realtor

The differences between real estate broker associates and broker realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker associate has an average salary of $83,167, which is higher than the $40,805 average annual salary of a broker realtor.

The top three skills for a real estate broker associate include purchase agreements, real estate and market trends. The most important skills for a broker realtor are purchase agreements, real estate sales, and sales contracts.

Real estate broker associate vs broker realtor overview

Real Estate Broker AssociateBroker Realtor
Yearly salary$83,167$40,805
Hourly rate$39.98$19.62
Growth rate5%5%
Number of jobs18,9968,885
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 65%
Average age4949
Years of experience--

Real estate broker associate vs broker realtor salary

Real estate broker associates and broker realtors have different pay scales, as shown below.

Real Estate Broker AssociateBroker Realtor
Average salary$83,167$40,805
Salary rangeBetween $61,000 And $112,000Between $27,000 And $60,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between real estate broker associate and broker realtor education

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

Real Estate Broker AssociateBroker Realtor
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate broker associate vs broker realtor demographics

Here are the differences between real estate broker associates' and broker realtors' demographics:

Real Estate Broker AssociateBroker Realtor
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 42.7% Female, 57.3%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate broker associate and broker realtor duties and responsibilities

Real estate broker associate example responsibilities.

  • Leverage an extensive business network to locate properties before they appear in the MLS, giving clients a competitive advantage.
  • Perform pricing, BPO and competitive market analysis.
  • Utilize MLS system, create CMA's; interface with title and mortgage companies to assure stream line closings.
  • Provide CMA's, and BPO's assist in appraisals and surveying, provide complete concierge and relocation services.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Draft probate petition documents and administer probate estates.

Broker realtor example responsibilities.

  • Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
  • Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
  • Identify data trends in a volatile market and analyze data from MLS to develop and evaluate marketing strategy and implement solutions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Show more

Real estate broker associate vs broker realtor skills

Common real estate broker associate skills
  • Purchase Agreements, 10%
  • Real Estate, 9%
  • Market Trends, 8%
  • Real Estate Market, 6%
  • Business Development, 6%
  • Client Relationships, 5%
Common broker realtor skills
  • Purchase Agreements, 16%
  • Real Estate Sales, 14%
  • Sales Contracts, 9%
  • Comparative Market Analysis, 6%
  • Open Houses, 5%
  • Property Management, 4%