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Real estate broker associate vs real estate account executive

The differences between real estate broker associates and real estate account executives 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 $62,875 average annual salary of a real estate account executive.

The top three skills for a real estate broker associate include purchase agreements, real estate and market trends. The most important skills for a real estate account executive are journal entries, financial reports, and yardi.

Real estate broker associate vs real estate account executive overview

Real Estate Broker AssociateReal Estate Account Executive
Yearly salary$83,167$62,875
Hourly rate$39.98$30.23
Growth rate5%5%
Number of jobs18,996116,049
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 77%
Average age4949
Years of experience--

Real estate broker associate vs real estate account executive salary

Real estate broker associates and real estate account executives have different pay scales, as shown below.

Real Estate Broker AssociateReal Estate Account Executive
Average salary$83,167$62,875
Salary rangeBetween $61,000 And $112,000Between $44,000 And $89,000
Highest paying City-White Plains, NY
Highest paying state-New York
Best paying company-Google
Best paying industry-Real Estate

Differences between real estate broker associate and real estate account executive education

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

Real Estate Broker AssociateReal Estate Account Executive
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 77%
Most common majorBusinessAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate broker associate vs real estate account executive demographics

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

Real Estate Broker AssociateReal Estate Account Executive
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 47.7% Female, 52.3%
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, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate broker associate and real estate account executive 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.

Real estate account executive example responsibilities.

  • Accomplish a deep understanding and application of MRI and Yardi accounting systems.
  • Achieve all sales targets for SaaS product targeting service-base businesses requiring an automate customer retention and relationship management tool.
  • Prepare accounts payable, accounts receivable, general ledger entries, bond amortizations, fund accounting and depreciation schedules via Yardi.
  • Analyze and prepare monthly GAAP financial statements, including all supporting schedules as required.
  • Analyze and reimburse year-end expense reconciliations from landlords, delegating reconciliation research to staff as able.
  • Perform reconciliations, periodic reporting and preparation of year end statements for wholly own real estate portfolio.
  • Show more

Real estate broker associate vs real estate account executive 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 real estate account executive skills
  • Journal Entries, 12%
  • Financial Reports, 10%
  • Yardi, 9%
  • GAAP, 9%
  • Financial Analysis, 9%
  • Reconciliations, 8%