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Real estate manager vs agent

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 vs agent overview

Real Estate ManagerAgent
Yearly salary$86,874$37,864
Hourly rate$41.77$18.20
Growth rate3%6%
Number of jobs24,751184,325
Job satisfaction-2
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 44%
Average age4846
Years of experience6-

What does a real estate manager do?

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.

What does an agent do?

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 manager vs agent salary

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

Real Estate ManagerAgent
Average salary$86,874$37,864
Salary rangeBetween $58,000 And $129,000Between $19,000 And $72,000
Highest paying CityHartford, CTNew York, NY
Highest paying stateConnecticutNew York
Best paying companyMcKinsey & Company IncLatham & Watkins
Best paying industryFinance-

Differences between real estate manager and agent education

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

Real Estate ManagerAgent
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Real estate manager vs agent demographics

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

Real Estate ManagerAgent
Average age4846
Gender ratioMale, 59.2% Female, 40.8%Male, 50.5% Female, 49.5%
Race ratioBlack 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 Percentage12%7%

Differences between real estate manager and agent duties and responsibilities

Real estate manager example responsibilities.

  • Manage the submittal of all require documents for construction NTP.
  • Lead SEO efforts for primary corporate site, improving organic and paid traffic.
  • Coordinate and manage the NEPA, SHPO, FAA and FCC approval process.
  • Manage $20M budget and all fiscal functions including payroll, A/R, and A/P.
  • Manage and own the entire process from issue of RFDS to obtaining NTP from tower owner.
  • Manage leasing process of market price, tax credit, public housing programs as well as HUD apartments.
  • Show more

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 manager vs agent skills

Common real estate manager skills
  • Financial Analysis, 10%
  • Property Management, 10%
  • Project Management, 8%
  • Oversight, 6%
  • Due Diligence, 6%
  • Customer Service, 6%
Common agent skills
  • Insurance Products, 11%
  • Customer Service, 10%
  • Life Insurance, 8%
  • HR, 6%
  • Inbound Calls, 6%
  • Financial Services, 6%

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