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Real estate lawyer vs agent

The differences between real estate lawyers and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate lawyer has an average salary of $70,398, which is higher than the $37,864 average annual salary of an agent.

The top three skills for a real estate lawyer include litigation, sale agreements and . The most important skills for an agent are insurance products, customer service, and life insurance.

Real estate lawyer vs agent overview

Real Estate LawyerAgent
Yearly salary$70,398$37,864
Hourly rate$33.85$18.20
Growth rate5%6%
Number of jobs17,608184,325
Job satisfaction-2
Most common degreeDoctoral Degree, 43%Bachelor's Degree, 44%
Average age4946
Years of experience--

Real estate lawyer vs agent salary

Real estate lawyers and agents have different pay scales, as shown below.

Real Estate LawyerAgent
Average salary$70,398$37,864
Salary rangeBetween $45,000 And $107,000Between $19,000 And $72,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Latham & Watkins
Best paying industry--

Differences between real estate lawyer and agent education

There are a few differences between a real estate lawyer and an agent in terms of educational background:

Real Estate LawyerAgent
Most common degreeDoctoral Degree, 43%Bachelor's Degree, 44%
Most common majorLawBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Real estate lawyer vs agent demographics

Here are the differences between real estate lawyers' and agents' demographics:

Real Estate LawyerAgent
Average age4946
Gender ratioMale, 38.9% Female, 61.1%Male, 50.5% Female, 49.5%
Race ratioBlack or African American, 4.2% Unknown, 4.2% Hispanic or Latino, 9.6% Asian, 5.7% White, 76.0% American Indian and Alaska Native, 0.3%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.8% Asian, 4.9% White, 66.4% American Indian and Alaska Native, 0.1%
LGBT Percentage13%7%

Differences between real estate lawyer and agent duties and responsibilities

Real estate lawyer example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Conduct paralegal, title, and closing activities for a busy firm handling REO / special asset and non-standard closings.
  • Created/Manage enterprise database for multiple REO businesses.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Draft probate petition documents and administer probate estates.

Agent example responsibilities.

  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Verify documentation and coding using CPT and ICD-9 correct coding standards.
  • Assist TANF customers with obtaining employment.
  • Direct compliance with all CPT and Medicare guidelines.
  • Train BDC representatives on phone skills and CRM use.
  • Bill appropriate ICD-9 codes to the correct insurance companies.
  • Show more

Real estate lawyer vs agent skills

Common real estate lawyer skills
  • Litigation, 87%
  • Sale Agreements, 13%
Common agent skills
  • Insurance Products, 11%
  • Customer Service, 10%
  • Life Insurance, 8%
  • HR, 6%
  • Inbound Calls, 6%
  • Financial Services, 6%