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The differences between real estate brokers 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 $80,250 average annual salary of a real estate broker.
The top three skills for a real estate broker include real estate sales, purchase agreements and financial resources. The most important skills for a real estate sales associate are lead generation, real estate market, and commercial property.
| Real Estate Broker | Real Estate Sales Associate | |
| Yearly salary | $80,250 | $92,941 |
| Hourly rate | $38.58 | $44.68 |
| Growth rate | 5% | 5% |
| Number of jobs | 19,151 | 148,646 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Average age | 49 | 49 |
| Years of experience | - | - |
Real estate appraisers are unique in that many of them are self-employed. Nevertheless, it is a career that will require an enterprising, inquisitive, and motivated personality, as well as impartiality and unbiased nature. Appraisers will provide objective opinions on the value of properties, as well as assist the owners/managers/investors for real estate. They must also verify legal real estate records, inspect properties, photograph interior and exterior structures, and prepare and maintain written reports on property values.
A Real Estate Associate helps clients rent, buy, and sell properties. They also advertise clients properties to other realtors and potential buyers, as well as negotiate contracts with buyers and agents by acting on their behalf.
Real estate brokers and real estate sales associates have different pay scales, as shown below.
| Real Estate Broker | Real Estate Sales Associate | |
| Average salary | $80,250 | $92,941 |
| Salary range | Between $56,000 And $114,000 | Between $62,000 And $139,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | Massachusetts |
| Best paying company | Village Real Estate | Greenberg Traurig |
| Best paying industry | Finance | Professional |
There are a few differences between a real estate broker and a real estate sales associate in terms of educational background:
| Real Estate Broker | Real Estate Sales Associate | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between real estate brokers' and real estate sales associates' demographics:
| Real Estate Broker | Real Estate Sales Associate | |
| Average age | 49 | 49 |
| Gender ratio | Male, 54.3% Female, 45.7% | Male, 47.1% Female, 52.9% |
| Race ratio | Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.0% 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 Percentage | 13% | 13% |