Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between real estate managers and agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate manager has an average salary of $86,874, which is higher than the $37,864 average annual salary of an agent.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for an agent are insurance products, customer service, and life insurance.
| Real Estate Manager | Agent | |
| Yearly salary | $86,874 | $37,864 |
| Hourly rate | $41.77 | $18.20 |
| Growth rate | 3% | 6% |
| Number of jobs | 24,751 | 184,325 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 44% |
| Average age | 48 | 46 |
| Years of experience | 6 | - |
A Real Estate Manager manages the financial aspects of a property. They collect rent and prepare and maintain financial statements. Real Estate Managers also inform owners about occupancy rates, expiration dates of leases, and other issues.
Agents are individuals who are employed by their clients to represent them in various dealings. Agents are usually employed by people in the show business industry, such as actors, writers, or directors. They meet people who are interested in dealing with their clients. They listen to the plans and vision for the project and assess if the project fits their clients' interests or public image. In the case of agents whose clients are actors, they send their clients to auditions upon review of the project details. Agents are also responsible for negotiating terms on behalf of their clients, such as salary, royalties, and set benefits, among others. They also inform the project leaders of their clients' demands on set. Agents are expected to be business-savvy and good negotiators.
Real estate managers and agents have different pay scales, as shown below.
| Real Estate Manager | Agent | |
| Average salary | $86,874 | $37,864 |
| Salary range | Between $58,000 And $129,000 | Between $19,000 And $72,000 |
| Highest paying City | Hartford, CT | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | McKinsey & Company Inc | Latham & Watkins |
| Best paying industry | Finance | - |
There are a few differences between a real estate manager and an agent in terms of educational background:
| Real Estate Manager | Agent | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 44% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between real estate managers' and agents' demographics:
| Real Estate Manager | Agent | |
| Average age | 48 | 46 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 50.5% Female, 49.5% |
| Race ratio | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.4% Asian, 5.2% White, 64.2% American Indian and Alaska Native, 0.6% | 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 Percentage | 12% | 7% |