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The differences between real estate investors 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 $81,345 average annual salary of a real estate investor.
The top three skills for a real estate investor include residential real estate, real estate license and general contractors. The most important skills for a real estate consultant are customer service, real estate market, and project management.
| Real Estate Investor | Real Estate Consultant | |
| Yearly salary | $81,345 | $92,358 |
| Hourly rate | $39.11 | $44.40 |
| Growth rate | 3% | 5% |
| Number of jobs | 18,761 | 22,428 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| Average age | 48 | 49 |
| Years of experience | 6 | - |
Also called real estate entrepreneurs, real estate investors are professionals who invest in real estate. Real estate investors purchase a property, make some improvements or repairs. They then sell the property for profit. It is their responsibility to assess the real estate market and properties already bought to build wealth. They need to develop skills in communication, marketing, investment, and customer service. Also, they should have a significant level of knowledge about the real estate business.
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 investors and real estate consultants have different pay scales, as shown below.
| Real Estate Investor | Real Estate Consultant | |
| Average salary | $81,345 | $92,358 |
| Salary range | Between $53,000 And $124,000 | 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 investor and a real estate consultant in terms of educational background:
| Real Estate Investor | Real Estate Consultant | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between real estate investors' and real estate consultants' demographics:
| Real Estate Investor | Real Estate Consultant | |
| Average age | 48 | 49 |
| Gender ratio | Male, 68.4% Female, 31.6% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 8.6% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.8% American Indian and Alaska Native, 0.6% | 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 | 12% | 13% |