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Real estate internship vs real estate consultant

The differences between real estate interns and real estate consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate consultant has an average salary of $92,358, 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 consultant are customer service, real estate market, and project management.

Real estate internship vs real estate consultant overview

Real Estate InternshipReal Estate Consultant
Yearly salary$32,662$92,358
Hourly rate$15.70$44.40
Growth rate5%5%
Number of jobs64,15422,428
Job satisfaction-4
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 67%
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 consultant do?

A real estate consultant is an individual who provides specialized investment and financial advice to clients who are looking to buy, sell, or invest in property. A real estate consultant must provide as many details as possible so that the client can make their decision and avoid problems in the process. They provide clients with value-added services such as asset management, market analysis, and lease management. Real estate consultants must also work with a variety of clients, including construction companies, business owners, or third-party investors.

Real estate internship vs real estate consultant salary

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

Real Estate InternshipReal Estate Consultant
Average salary$32,662$92,358
Salary rangeBetween $25,000 And $41,000Between $61,000 And $138,000
Highest paying City-Boston, MA
Highest paying state-Massachusetts
Best paying company-Marcus & Millichap
Best paying industry-Finance

Differences between real estate internship and real estate consultant education

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

Real Estate InternshipReal Estate Consultant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common college--

Real estate internship vs real estate consultant demographics

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

Real Estate InternshipReal Estate Consultant
Average age4949
Gender ratioMale, 65.9% Female, 34.1%Male, 61.5% Female, 38.5%
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, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate internship and real estate consultant 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 consultant example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
  • Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
  • Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Train on the MLS, and all state approve contracts and systems.
  • Show more

Real estate internship vs real estate consultant 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 consultant skills
  • Customer Service, 11%
  • Real Estate Market, 9%
  • Project Management, 6%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Real Estate Sales, 5%