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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 | Licensed Realtor | |
| Yearly salary | $32,662 | $38,029 |
| Hourly rate | $15.70 | $18.28 |
| Growth rate | 5% | 5% |
| Number of jobs | 64,154 | 17,429 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Average age | 49 | 49 |
| Years of experience | - | - |
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.
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 interns and licensed realtors have different pay scales, as shown below.
| Real Estate Internship | Licensed Realtor | |
| Average salary | $32,662 | $38,029 |
| Salary range | Between $25,000 And $41,000 | Between $27,000 And $52,000 |
| Highest paying City | - | Austin, TX |
| Highest paying state | - | New York |
| Best paying company | - | Paññã |
| Best paying industry | - | Real Estate |
There are a few differences between a real estate internship and a licensed realtor in terms of educational background:
| Real Estate Internship | Licensed Realtor | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between real estate interns' and licensed realtors' demographics:
| Real Estate Internship | Licensed Realtor | |
| Average age | 49 | 49 |
| Gender ratio | Male, 65.9% Female, 34.1% | Male, 38.3% Female, 61.7% |
| Race ratio | Black 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 Percentage | 13% | 13% |