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Real estate paralegal vs bankruptcy paralegal

The differences between real estate paralegals and bankruptcy paralegals can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a real estate paralegal and a bankruptcy paralegal. Additionally, a real estate paralegal has an average salary of $68,387, which is higher than the $55,485 average annual salary of a bankruptcy paralegal.

The top three skills for a real estate paralegal include law firm, litigation and due diligence. The most important skills for a bankruptcy paralegal are pacer, litigation, and debtor.

Real estate paralegal vs bankruptcy paralegal overview

Real Estate ParalegalBankruptcy Paralegal
Yearly salary$68,387$55,485
Hourly rate$32.88$26.68
Growth rate14%14%
Number of jobs24,3697,259
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 47%
Average age4646
Years of experience1212

What does a real estate paralegal do?

A Real Estate Paralegal helps real estate lawyers with a variety of tasks, such as offering advice to clients, doing research, and preparing documents. They collaborate with landlords, housing managers, or other real estate personnel.

What does a bankruptcy paralegal do?

A Bankruptcy Paralegal assists lawyers and their clients through the bankruptcy process. Their primary duties include collecting and reviewing paperwork for petitions, drafting pleadings, and preparing all documents required by the bankruptcy court.

Real estate paralegal vs bankruptcy paralegal salary

Real estate paralegals and bankruptcy paralegals have different pay scales, as shown below.

Real Estate ParalegalBankruptcy Paralegal
Average salary$68,387$55,485
Salary rangeBetween $49,000 And $94,000Between $30,000 And $102,000
Highest paying CitySan Francisco, CA-
Highest paying stateCalifornia-
Best paying companyKane Russell Coleman Logan-
Best paying industryFinance-

Differences between real estate paralegal and bankruptcy paralegal education

There are a few differences between a real estate paralegal and a bankruptcy paralegal in terms of educational background:

Real Estate ParalegalBankruptcy Paralegal
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 47%
Most common majorLegal Support ServicesLegal Support Services
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Real estate paralegal vs bankruptcy paralegal demographics

Here are the differences between real estate paralegals' and bankruptcy paralegals' demographics:

Real Estate ParalegalBankruptcy Paralegal
Average age4646
Gender ratioMale, 13.8% Female, 86.2%Male, 20.3% Female, 79.7%
Race ratioBlack or African American, 9.9% Unknown, 4.9% Hispanic or Latino, 18.1% Asian, 6.0% White, 60.6% American Indian and Alaska Native, 0.4%Black or African American, 8.9% Unknown, 4.8% Hispanic or Latino, 20.2% Asian, 5.6% White, 60.1% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between real estate paralegal and bankruptcy paralegal duties and responsibilities

Real estate paralegal example responsibilities.

  • Manage BPO and MMR reports on properties.
  • Manage a social marketing image for the agency (Facebook).
  • Manage national referrals for quiet title actions, injunctions, wrongful foreclosures, and appeals.
  • Achieve sole responsibility for administration of all estates and guardianships.
  • Communicate directly with lenders in various states, completing affidavits and ensuring that they are properly record and organize.
  • Prepare forms for the MLS submission.
  • Show more

Bankruptcy paralegal example responsibilities.

  • Manage and organize all aspects of foreclosure cases coordinating document flow and logistical preparation for complex cases.
  • Manage large volume of documents, enabling attorneys to easily identify key documents that are critical for mediation and arbitration.
  • Prepare first and final probate court filings.
  • Draft pleadings, research court filings, and communicate with title companies to process real estate foreclosure proceedings.
  • Arrange service of subpoenas and summonses.
  • Initial set up and opening of files; including obtaining court documents from pacer.
  • Show more

Real estate paralegal vs bankruptcy paralegal skills

Common real estate paralegal skills
  • Law Firm, 14%
  • Litigation, 9%
  • Due Diligence, 9%
  • Probate, 4%
  • Estoppel, 4%
  • Affidavits, 4%
Common bankruptcy paralegal skills
  • Pacer, 9%
  • Litigation, 9%
  • Debtor, 7%
  • Credit Reports, 7%
  • Law Firm, 6%
  • Bankruptcy Court, 5%