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Real estate broker associate vs real estate lawyer

The differences between real estate broker associates and real estate lawyers 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 $70,398 average annual salary of a real estate lawyer.

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 lawyer are litigation, sale agreements, and .

Real estate broker associate vs real estate lawyer overview

Real Estate Broker AssociateReal Estate Lawyer
Yearly salary$83,167$70,398
Hourly rate$39.98$33.85
Growth rate5%5%
Number of jobs18,99617,608
Job satisfaction--
Most common degreeBachelor's Degree, 60%Doctoral Degree, 43%
Average age4949
Years of experience--

Real estate broker associate vs real estate lawyer salary

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

Real Estate Broker AssociateReal Estate Lawyer
Average salary$83,167$70,398
Salary rangeBetween $61,000 And $112,000Between $45,000 And $107,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between real estate broker associate and real estate lawyer education

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

Real Estate Broker AssociateReal Estate Lawyer
Most common degreeBachelor's Degree, 60%Doctoral Degree, 43%
Most common majorBusinessLaw
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate broker associate vs real estate lawyer demographics

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

Real Estate Broker AssociateReal Estate Lawyer
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 38.9% Female, 61.1%
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, 4.2% Unknown, 4.2% Hispanic or Latino, 9.6% Asian, 5.7% White, 76.0% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

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

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Conduct paralegal, title, and closing activities for a busy firm handling REO / special asset and non-standard closings.
  • Created/Manage enterprise database for multiple REO businesses.
  • 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 broker associate vs real estate lawyer 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 lawyer skills
  • Litigation, 87%
  • Sale Agreements, 13%