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The differences between real estate developers and architects can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a real estate developer, becoming an architect takes usually requires 2-4 years. Additionally, a real estate developer has an average salary of $93,510, which is higher than the $86,635 average annual salary of an architect.
The top three skills for a real estate developer include financial statements, property management and due diligence. The most important skills for an architect are cloud, java, and infrastructure.
| Real Estate Developer | Architect | |
| Yearly salary | $93,510 | $86,635 |
| Hourly rate | $44.96 | $41.65 |
| Growth rate | 3% | 3% |
| Number of jobs | 87,865 | 94,621 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Average age | 48 | 45 |
| Years of experience | 6 | 4 |
A real estate developer obtains and develops land, turning it into a real estate asset. Part of their job is to conduct extensive research and analyses, coordinate with experts, gather and analyze data, negotiate with land sellers, and prepare properties for development. They also oversee construction operations from planning to execution, set budgets and guidelines, establish timelines and objectives, generate leads for potential clients, and maintain an active communication line with contractors for a smooth and efficient workflow.
Architects are licensed professionals who specialize in art and science of design, building constructions, and structures. They play a vital role in the construction and not only responsible for the appearance but also the safety of users. They ensure that every structure is functional, safe, cost-effective, and suit the needs of the future occupants. They closely monitor the working progress to make sure that the project is built according to plan. Some architects are focused mainly on creating designs while some are exclusive in the production of building plans or "blueprints".
Real estate developers and architects have different pay scales, as shown below.
| Real Estate Developer | Architect | |
| Average salary | $93,510 | $86,635 |
| Salary range | Between $66,000 And $131,000 | Between $54,000 And $137,000 |
| Highest paying City | Catonsville, MD | San Francisco, CA |
| Highest paying state | Connecticut | Alaska |
| Best paying company | RSM US | Meta |
| Best paying industry | Media | Technology |
There are a few differences between a real estate developer and an architect in terms of educational background:
| Real Estate Developer | Architect | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 67% |
| Most common major | Business | Architecture |
| Most common college | University of Southern California | Cornell University |
Here are the differences between real estate developers' and architects' demographics:
| Real Estate Developer | Architect | |
| Average age | 48 | 45 |
| Gender ratio | Male, 66.9% Female, 33.1% | Male, 76.7% Female, 23.3% |
| Race ratio | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 5.4% White, 63.8% American Indian and Alaska Native, 0.6% | Black or African American, 2.3% Unknown, 3.9% Hispanic or Latino, 11.8% Asian, 16.0% White, 65.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 15% |