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The differences between real estate interns and real estate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate broker has an average salary of $80,250, 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 broker are real estate sales, purchase agreements, and financial resources.
| Real Estate Internship | Real Estate Broker | |
| Yearly salary | $32,662 | $80,250 |
| Hourly rate | $15.70 | $38.58 |
| Growth rate | 5% | 5% |
| Number of jobs | 64,154 | 19,151 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| 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.
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.
Real estate interns and real estate brokers have different pay scales, as shown below.
| Real Estate Internship | Real Estate Broker | |
| Average salary | $32,662 | $80,250 |
| Salary range | Between $25,000 And $41,000 | Between $56,000 And $114,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Village Real Estate |
| Best paying industry | - | Finance |
There are a few differences between a real estate internship and a real estate broker in terms of educational background:
| Real Estate Internship | Real Estate Broker | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | - | University of Southern California |
Here are the differences between real estate interns' and real estate brokers' demographics:
| Real Estate Internship | Real Estate Broker | |
| Average age | 49 | 49 |
| Gender ratio | Male, 65.9% Female, 34.1% | Male, 54.3% Female, 45.7% |
| 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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.0% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |