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Real estate broker associate vs real estate sales associate

The differences between real estate broker associates and real estate sales associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, 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 sales associate are lead generation, real estate market, and commercial property.

Real estate broker associate vs real estate sales associate overview

Real Estate Broker AssociateReal Estate Sales Associate
Yearly salary$83,167$92,941
Hourly rate$39.98$44.68
Growth rate5%5%
Number of jobs18,996148,646
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 60%
Average age4949
Years of experience--

Real estate broker associate vs real estate sales associate salary

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

Real Estate Broker AssociateReal Estate Sales Associate
Average salary$83,167$92,941
Salary rangeBetween $61,000 And $112,000Between $62,000 And $139,000
Highest paying City-New York, NY
Highest paying state-Massachusetts
Best paying company-Greenberg Traurig
Best paying industry-Professional

Differences between real estate broker associate and real estate sales associate education

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

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

Real estate broker associate vs real estate sales associate demographics

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

Real Estate Broker AssociateReal Estate Sales Associate
Average age4949
Gender ratioMale, 47.3% Female, 52.7%Male, 47.1% Female, 52.9%
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, 70.4% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

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

  • Manage REO listings, complete BPOs, property checks, negotiate offers and manage closings.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare legal documents such as HUD-1 settlement statement, sales contracts, leasing agreements, etc.
  • Perform foreclosure inspections and price opinions on REO properties.
  • Prepare real estate closing documents to include HUD settlement statement and RESPA documents.
  • Provide notary services as needed for legal documentation (notary license still current).
  • Show more

Real estate broker associate vs real estate sales associate 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 sales associate skills
  • Lead Generation, 24%
  • Real Estate Market, 12%
  • Commercial Property, 11%
  • Open Houses, 10%
  • Residential Real Estate, 7%
  • Customer Service, 6%