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Real estate broker associate vs real estate consultant

The differences between real estate broker associates and real estate consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, 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 consultant are customer service, real estate market, and project management.

Real estate broker associate vs real estate consultant overview

Real Estate Broker AssociateReal Estate Consultant
Yearly salary$83,167$92,358
Hourly rate$39.98$44.40
Growth rate5%5%
Number of jobs18,99622,428
Job satisfaction-4
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
Average age4949
Years of experience--

Real estate broker associate vs real estate consultant salary

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

Real Estate Broker AssociateReal Estate Consultant
Average salary$83,167$92,358
Salary rangeBetween $61,000 And $112,000Between $61,000 And $138,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-Marcus & Millichap
Best paying industry-Finance

Differences between real estate broker associate and real estate consultant education

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

Real Estate Broker AssociateReal Estate Consultant
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern California-

Real estate broker associate vs real estate consultant demographics

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

Real Estate Broker AssociateReal Estate Consultant
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 61.5% Female, 38.5%
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, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

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

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
  • Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
  • Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Train on the MLS, and all state approve contracts and systems.
  • Show more

Real estate broker associate vs real estate consultant 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 consultant skills
  • Customer Service, 11%
  • Real Estate Market, 9%
  • Project Management, 6%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Real Estate Sales, 5%