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Real estate broker associate vs real estate agent

The differences between real estate broker associates and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, which is higher than the $83,167 average annual salary of a real estate broker associate.

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 agent are customer service, real estate license, and excellent interpersonal.

Real estate broker associate vs real estate agent overview

Real Estate Broker AssociateReal Estate Agent
Yearly salary$83,167$91,788
Hourly rate$39.98$44.13
Growth rate5%5%
Number of jobs18,99641,399
Job satisfaction-4
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 59%
Average age4949
Years of experience--

Real estate broker associate vs real estate agent salary

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

Real Estate Broker AssociateReal Estate Agent
Average salary$83,167$91,788
Salary rangeBetween $61,000 And $112,000Between $66,000 And $126,000
Highest paying City-Long Beach, NY
Highest paying state-West Virginia
Best paying company-Santa Clara Valley Water District
Best paying industry-Finance

Differences between real estate broker associate and real estate agent education

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

Real Estate Broker AssociateReal Estate Agent
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Real estate broker associate vs real estate agent demographics

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

Real Estate Broker AssociateReal Estate Agent
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 43.4% Female, 56.6%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate broker associate and real estate agent 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 agent example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
  • Create ad campaigns via Google ad-words and Facebook.
  • Determine whether title transfers are assessable for taxation.
  • Learn all phases of real estate ethics, practice and procedures.
  • Review and analyze corporate leases, securities offerings, and secure transactions.
  • Show more

Real estate broker associate vs real estate agent 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 agent skills
  • Customer Service, 15%
  • Real Estate License, 11%
  • Excellent Interpersonal, 10%
  • Real Estate Market, 10%
  • Open Houses, 7%
  • Develop Marketing Materials, 6%