Post job

Real estate sales associate vs licensed realtor

The differences between real estate sales associates and licensed realtors 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 $38,029 average annual salary of a licensed realtor.

The top three skills for a real estate sales associate include lead generation, real estate market and commercial property. The most important skills for a licensed realtor are residential real estate, purchase agreements, and lead generation.

Real estate sales associate vs licensed realtor overview

Real Estate Sales AssociateLicensed Realtor
Yearly salary$92,941$38,029
Hourly rate$44.68$18.28
Growth rate5%5%
Number of jobs148,64617,429
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 61%
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 a licensed realtor do?

A real estate agent is responsible for helping a client sell, rent, or buy a property such as land, houses, and buildings according to what they want. They are the ones who give accurate guidance and advice to clients on how they can sell or promote their property in the market. Agents also work with clients to negotiate pricing. The real estate agent checks and sees to it that all documents and other information needed are furnished to ensure the seller's credibility and truthfulness.

Real estate sales associate vs licensed realtor salary

Real estate sales associates and licensed realtors have different pay scales, as shown below.

Real Estate Sales AssociateLicensed Realtor
Average salary$92,941$38,029
Salary rangeBetween $62,000 And $139,000Between $27,000 And $52,000
Highest paying CityNew York, NYAustin, TX
Highest paying stateMassachusettsNew York
Best paying companyGreenberg TraurigPaññã
Best paying industryProfessionalReal Estate

Differences between real estate sales associate and licensed realtor education

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

Real Estate Sales AssociateLicensed Realtor
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common college--

Real estate sales associate vs licensed realtor demographics

Here are the differences between real estate sales associates' and licensed realtors' demographics:

Real Estate Sales AssociateLicensed Realtor
Average age4949
Gender ratioMale, 47.1% Female, 52.9%Male, 38.3% Female, 61.7%
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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate sales associate and licensed realtor 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

Licensed realtor example responsibilities.

  • Monitor and manage inventory of all outlying properties for inspections and listings, maintaining MLS for properties across the agency.
  • Specialize in management, marketing, analysis, repairs and sale of REO properties.
  • Conduct research and develop computer reports on MLS listings in order to create comparative reports and advertising for prospective transactions.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Attend closings, review mortgage packages and HUD statements, negotiate unresolve disputes.
  • Prepare preliminary HUD statements and all closing documents.
  • Show more

Real estate sales associate vs licensed realtor 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 licensed realtor skills
  • Residential Real Estate, 32%
  • Purchase Agreements, 9%
  • Lead Generation, 6%
  • Real Estate Market, 5%
  • Sales Contracts, 5%
  • Property Inspections, 4%