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The differences between real estate managers 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 $86,874 average annual salary of a real estate manager.
The top three skills for a real estate manager include financial analysis, property management and project management. The most important skills for a real estate agent are customer service, real estate license, and excellent interpersonal.
| Real Estate Manager | Real Estate Agent | |
| Yearly salary | $86,874 | $91,788 |
| Hourly rate | $41.77 | $44.13 |
| Growth rate | 3% | 5% |
| Number of jobs | 24,751 | 41,399 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 59% |
| Average age | 48 | 49 |
| 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.
A real estate agent helps owners in the selling or renting of houses, land, offices, buildings, or any piece of property. They should be knowledgeable in the area they work in, which local properties are in the market, and the competitive prices for various properties. It is their responsibility to either market or sells in the best possible and reasonable price and conditions. Negotiating is a vital skill for real estate agents as they act as the middleman for buyers and sellers. Most agents bill the client with a percentage of the final sale price as the fee, but some would get a fixed commission for every sale.
Real estate managers and real estate agents have different pay scales, as shown below.
| Real Estate Manager | Real Estate Agent | |
| Average salary | $86,874 | $91,788 |
| Salary range | Between $58,000 And $129,000 | Between $66,000 And $126,000 |
| Highest paying City | Hartford, CT | Long Beach, NY |
| Highest paying state | Connecticut | West Virginia |
| Best paying company | McKinsey & Company Inc | Santa Clara Valley Water District |
| Best paying industry | Finance | Finance |
There are a few differences between a real estate manager and a real estate agent in terms of educational background:
| Real Estate Manager | Real Estate Agent | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Southern California | - |
Here are the differences between real estate managers' and real estate agents' demographics:
| Real Estate Manager | Real Estate Agent | |
| Average age | 48 | 49 |
| Gender ratio | Male, 59.2% Female, 40.8% | Male, 43.4% Female, 56.6% |
| 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, 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 | 12% | 13% |