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Real estate sales associate vs associate broker

The differences between real estate sales associates and associate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a real estate sales associate has an average salary of $92,941, which is higher than the $64,361 average annual salary of an associate broker.

The top three skills for a real estate sales associate include lead generation, real estate market and commercial property. The most important skills for an associate broker are excellent client, real estate sales, and financial resources.

Real estate sales associate vs associate broker overview

Real Estate Sales AssociateAssociate Broker
Yearly salary$92,941$64,361
Hourly rate$44.68$30.94
Growth rate5%5%
Number of jobs148,6468,836
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 65%
Average age4949
Years of experience--

What does a real estate sales associate do?

A Real Estate Associate helps clients rent, buy, and sell properties. They also advertise clients properties to other realtors and potential buyers, as well as negotiate contracts with buyers and agents by acting on their behalf.

What does an associate broker do?

An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.

Real estate sales associate vs associate broker salary

Real estate sales associates and associate brokers have different pay scales, as shown below.

Real Estate Sales AssociateAssociate Broker
Average salary$92,941$64,361
Salary rangeBetween $62,000 And $139,000Between $38,000 And $106,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateMassachusettsNew York
Best paying companyGreenberg TraurigCushman & Wakefield
Best paying industryProfessionalFinance

Differences between real estate sales associate and associate broker education

There are a few differences between a real estate sales associate and an associate broker in terms of educational background:

Real Estate Sales AssociateAssociate Broker
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common college-University of Southern California

Real estate sales associate vs associate broker demographics

Here are the differences between real estate sales associates' and associate brokers' demographics:

Real Estate Sales AssociateAssociate Broker
Average age4949
Gender ratioMale, 47.1% Female, 52.9%Male, 52.5% Female, 47.5%
Race ratioBlack or African American, 5.2% Unknown, 4.3% Hispanic or Latino, 13.0% Asian, 6.8% White, 70.4% American Indian and Alaska Native, 0.3%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.8% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate sales associate and associate broker duties and responsibilities

Real estate sales associate example responsibilities.

  • Manage REO listings, complete BPOs, property checks, negotiate offers and manage closings.
  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Prepare legal documents such as HUD-1 settlement statement, sales contracts, leasing agreements, etc.
  • Perform foreclosure inspections and price opinions on REO properties.
  • Prepare real estate closing documents to include HUD settlement statement and RESPA documents.
  • Provide notary services as needed for legal documentation (notary license still current).
  • Show more

Associate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Work with clients, prepare & file all the paperwork, input listings to MLS, market and advertise list property.
  • Develop message flows which done XML/XSLT transformations, from one format to another, SOAP/HTTP XML to MRM mappings and transformations.
  • Assist Medicare-eligible individuals with Medicare supplement and replacement plans adhering to CMS guidelines.
  • Develop Indianapolis territory for contacts with senior citizens during the enrollment period for Medicare.
  • Create and maintain accurate MLS listings as well as developed and distribute unique advertising materials.
  • Show more

Real estate sales associate vs associate broker skills

Common real estate sales associate skills
  • Lead Generation, 24%
  • Real Estate Market, 12%
  • Commercial Property, 11%
  • Open Houses, 10%
  • Residential Real Estate, 7%
  • Customer Service, 6%
Common associate broker skills
  • Excellent Client, 12%
  • Real Estate Sales, 11%
  • Financial Resources, 7%
  • Market Research, 5%
  • Business Development, 5%
  • Renewal Business, 4%