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Real estate internship vs licensed realtor

The differences between real estate interns and licensed realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed realtor has an average salary of $38,029, which is higher than the $32,662 average annual salary of a real estate internship.

The top three skills for a real estate internship include real estate market, powerpoint and financial analysis. The most important skills for a licensed realtor are residential real estate, purchase agreements, and lead generation.

Real estate internship vs licensed realtor overview

Real Estate InternshipLicensed Realtor
Yearly salary$32,662$38,029
Hourly rate$15.70$18.28
Growth rate5%5%
Number of jobs64,15417,429
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
Average age4949
Years of experience--

What does a real estate internship do?

When it comes to a real estate internship, an intern's responsibilities will depend upon the directives of a supervising officer. Typically, their tasks will revolve around preparing and processing documents, posting real estate listings on different areas and platforms, assisting in creating marketing content, and even handling social media accounts. A real estate intern may also run errands, manage an information database, conduct research and analysis, and participate in various negotiations. Furthermore, it is essential to learn and understand the policies and regulations, as well as the mission and vision of the company.

What does a licensed realtor do?

A real estate agent is responsible for helping a client sell, rent, or buy a property such as land, houses, and buildings according to what they want. They are the ones who give accurate guidance and advice to clients on how they can sell or promote their property in the market. Agents also work with clients to negotiate pricing. The real estate agent checks and sees to it that all documents and other information needed are furnished to ensure the seller's credibility and truthfulness.

Real estate internship vs licensed realtor salary

Real estate interns and licensed realtors have different pay scales, as shown below.

Real Estate InternshipLicensed Realtor
Average salary$32,662$38,029
Salary rangeBetween $25,000 And $41,000Between $27,000 And $52,000
Highest paying City-Austin, TX
Highest paying state-New York
Best paying company-Paññã
Best paying industry-Real Estate

Differences between real estate internship and licensed realtor education

There are a few differences between a real estate internship and a licensed realtor in terms of educational background:

Real Estate InternshipLicensed Realtor
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common college--

Real estate internship vs licensed realtor demographics

Here are the differences between real estate interns' and licensed realtors' demographics:

Real Estate InternshipLicensed Realtor
Average age4949
Gender ratioMale, 65.9% Female, 34.1%Male, 38.3% Female, 61.7%
Race ratioBlack or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.9% American Indian and Alaska Native, 0.3%Black 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%
LGBT Percentage13%13%

Differences between real estate internship and licensed realtor duties and responsibilities

Real estate internship example responsibilities.

  • Manage several business bank accounts in Quickbooks.
  • Manage social networking sites: LinkedIn, Facebook.
  • Manage errands by showing listings and rentals, dropping off lockboxes and handling EDDM for settle listings.
  • Manage reporting requirements to senior management on status of real estate portfolio.
  • Used Argus and assist the appraisers in preparing forward property cash flow projections.
  • Input real estate development and building expenses using QuickBooks.
  • Show more

Licensed realtor example responsibilities.

  • Monitor and manage inventory of all outlying properties for inspections and listings, maintaining MLS for properties across the agency.
  • Specialize in management, marketing, analysis, repairs and sale of REO properties.
  • Conduct research and develop computer reports on MLS listings in order to create comparative reports and advertising for prospective transactions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Attend closings, review mortgage packages and HUD statements, negotiate unresolve disputes.
  • Prepare preliminary HUD statements and all closing documents.
  • Show more

Real estate internship vs licensed realtor skills

Common real estate internship skills
  • Real Estate Market, 11%
  • PowerPoint, 10%
  • Financial Analysis, 8%
  • Data Entry, 7%
  • Market Research, 6%
  • Discounted Cash Flow, 5%
Common licensed realtor skills
  • Residential Real Estate, 32%
  • Purchase Agreements, 9%
  • Lead Generation, 6%
  • Real Estate Market, 5%
  • Sales Contracts, 5%
  • Property Inspections, 4%