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The differences between real estate loan officers and real estate agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate agent has an average salary of $91,788, which is higher than the $90,206 average annual salary of a real estate loan officer.
The top three skills for a real estate loan officer include real estate loans, mortgage loans and business development. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.
| Real Estate Loan Officer | Real Estate Agent | |
| Yearly salary | $90,206 | $91,788 |
| Hourly rate | $43.37 | $44.13 |
| Growth rate | 4% | 5% |
| Number of jobs | 82,581 | 41,399 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 59% |
| Average age | 45 | 49 |
| Years of experience | 6 | - |
Real estate loan officers and real estate agents have different pay scales, as shown below.
| Real Estate Loan Officer | Real Estate Agent | |
| Average salary | $90,206 | $91,788 |
| Salary range | Between $56,000 And $144,000 | Between $66,000 And $126,000 |
| Highest paying City | - | Long Beach, NY |
| Highest paying state | - | West Virginia |
| Best paying company | - | Santa Clara Valley Water District |
| Best paying industry | - | Finance |
There are a few differences between a real estate loan officer and a real estate agent in terms of educational background:
| Real Estate Loan Officer | Real Estate Agent | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between real estate loan officers' and real estate agents' demographics:
| Real Estate Loan Officer | Real Estate Agent | |
| Average age | 45 | 49 |
| Gender ratio | Male, 54.6% Female, 45.4% | Male, 43.4% Female, 56.6% |
| Race ratio | Black or African American, 8.4% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.4% White, 64.0% American Indian and Alaska Native, 0.5% | Black or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 8% | 13% |