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Real estate broker associate vs buyer broker

The differences between real estate broker associates and buyer brokers 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 $55,572 average annual salary of a buyer broker.

Real estate broker associate vs buyer broker overview

Real Estate Broker AssociateBuyer Broker
Yearly salary$83,167$55,572
Hourly rate$39.98$26.72
Growth rate5%5%
Number of jobs18,99610,633
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 55%
Average age4949
Years of experience--

Real estate broker associate vs buyer broker salary

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

Real Estate Broker AssociateBuyer Broker
Average salary$83,167$55,572
Salary rangeBetween $61,000 And $112,000Between $38,000 And $79,000
Highest paying City-Milwaukee, WI
Highest paying state-New York
Best paying company--
Best paying industry--

Differences between real estate broker associate and buyer broker education

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

Real Estate Broker AssociateBuyer Broker
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate broker associate vs buyer broker demographics

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

Real Estate Broker AssociateBuyer Broker
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 60.3% Female, 39.7%
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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.9% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate broker associate and buyer broker 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.

Buyer broker example responsibilities.

  • Manage, lease and sell office condominiums on site.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Work with clients to finalize the purchase of new and existing condominiums sell at OwnACondo.com.

Real estate broker associate vs buyer broker 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 buyer broker skills

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