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Real estate lawyer vs realtor

The differences between real estate lawyers and realtors 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 $38,290 average annual salary of a realtor.

The top three skills for a real estate lawyer include litigation, sale agreements and . The most important skills for a realtor are residential real estate, open houses, and purchase agreements.

Real estate lawyer vs realtor overview

Real Estate LawyerRealtor
Yearly salary$70,398$38,290
Hourly rate$33.85$18.41
Growth rate5%5%
Number of jobs17,6087,482
Job satisfaction--
Most common degreeDoctoral Degree, 43%Bachelor's Degree, 60%
Average age4949
Years of experience--

Real estate lawyer vs realtor salary

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

Real Estate LawyerRealtor
Average salary$70,398$38,290
Salary rangeBetween $45,000 And $107,000Between $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 lawyer and realtor education

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

Real Estate LawyerRealtor
Most common degreeDoctoral Degree, 43%Bachelor's Degree, 60%
Most common majorLawBusiness
Most common collegeUniversity of Southern California-

Real estate lawyer vs realtor demographics

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

Real Estate LawyerRealtor
Average age4949
Gender ratioMale, 38.9% Female, 61.1%Male, 40.2% Female, 59.8%
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, 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 lawyer and realtor 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.

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 lawyer vs realtor skills

Common real estate lawyer skills
  • Litigation, 87%
  • Sale Agreements, 13%
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%