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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 | Real Estate Consultant | |
| Yearly salary | $32,662 | $92,358 |
| Hourly rate | $15.70 | $44.40 |
| Growth rate | 5% | 5% |
| Number of jobs | 64,154 | 22,428 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 67% |
| 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 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 interns and real estate consultants have different pay scales, as shown below.
| Real Estate Internship | Real Estate Consultant | |
| Average salary | $32,662 | $92,358 |
| Salary range | Between $25,000 And $41,000 | Between $61,000 And $138,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Massachusetts |
| Best paying company | - | Marcus & Millichap |
| Best paying industry | - | Finance |
There are a few differences between a real estate internship and a real estate consultant in terms of educational background:
| Real Estate Internship | Real Estate Consultant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between real estate interns' and real estate consultants' demographics:
| Real Estate Internship | Real Estate Consultant | |
| Average age | 49 | 49 |
| Gender ratio | Male, 65.9% Female, 34.1% | Male, 61.5% Female, 38.5% |
| 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, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |