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Real estate internship vs realtor

The differences between real estate interns and realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a realtor has an average salary of $38,290, 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 realtor are residential real estate, open houses, and purchase agreements.

Real estate internship vs realtor overview

Real Estate InternshipRealtor
Yearly salary$32,662$38,290
Hourly rate$15.70$18.41
Growth rate5%5%
Number of jobs64,1547,482
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 60%
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 realtor do?

A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.

Real estate internship vs realtor salary

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

Real Estate InternshipRealtor
Average salary$32,662$38,290
Salary rangeBetween $25,000 And $41,000Between $27,000 And $53,000
Highest paying City-San Antonio, TX
Highest paying state-Connecticut
Best paying company-Berkshire Hathaway Homeservices Alliance Real Estate
Best paying industry-Real Estate

Differences between real estate internship and realtor education

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

Real Estate InternshipRealtor
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common college--

Real estate internship vs realtor demographics

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

Real Estate InternshipRealtor
Average age4949
Gender ratioMale, 65.9% Female, 34.1%Male, 40.2% Female, 59.8%
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, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate internship and realtor 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

Realtor example responsibilities.

  • Process funds and manage accounts through QuickBooks.
  • Manage scheduling and develop computer reports and MLS listings, create PowerPoint presentations, marketing materials and handle advertising.
  • Place and remove signs & lockboxes.
  • Make entries into QuickBooks; reconcile monthly bank statements.
  • Install yard signs, directional signs and lockboxes on each listing.
  • Coordinate social media advertisements by posting updates to Facebook, LinkedIn, and Pinterest accounts.
  • Show more

Real estate internship vs realtor 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 realtor skills
  • Residential Real Estate, 22%
  • Open Houses, 9%
  • Purchase Agreements, 6%
  • Comparative Market Analysis, 5%
  • Real Estate Sales, 4%
  • Real Estate Contracts, 4%