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Real estate internship vs real estate agent

The differences between real estate interns and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, 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 real estate agent are customer service, real estate license, and excellent interpersonal.

Real estate internship vs real estate agent overview

Real Estate InternshipReal Estate Agent
Yearly salary$32,662$91,788
Hourly rate$15.70$44.13
Growth rate5%5%
Number of jobs64,15441,399
Job satisfaction-4
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 59%
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 real estate agent do?

A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.

Real estate internship vs real estate agent salary

Real estate interns and real estate agents have different pay scales, as shown below.

Real Estate InternshipReal Estate Agent
Average salary$32,662$91,788
Salary rangeBetween $25,000 And $41,000Between $66,000 And $126,000
Highest paying City-Long Beach, NY
Highest paying state-West Virginia
Best paying company-Santa Clara Valley Water District
Best paying industry-Finance

Differences between real estate internship and real estate agent education

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

Real Estate InternshipReal Estate Agent
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common college--

Real estate internship vs real estate agent demographics

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

Real Estate InternshipReal Estate Agent
Average age4949
Gender ratioMale, 65.9% Female, 34.1%Male, 43.4% Female, 56.6%
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, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate internship and real estate agent 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

Real estate agent example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Manage extremely complex REO and short sale transactions, coordinating sellers, buyers, and lenders in order to complete them.
  • Create ad campaigns via Google ad-words and Facebook.
  • Determine whether title transfers are assessable for taxation.
  • Learn all phases of real estate ethics, practice and procedures.
  • Review and analyze corporate leases, securities offerings, and secure transactions.
  • Show more

Real estate internship vs real estate agent 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 real estate agent skills
  • Customer Service, 15%
  • Real Estate License, 11%
  • Excellent Interpersonal, 10%
  • Real Estate Market, 10%
  • Open Houses, 7%
  • Develop Marketing Materials, 6%