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Real estate sales associate vs real estate consultant

The differences between real estate sales associates and real estate consultants 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 $92,358 average annual salary of a real estate consultant.

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 real estate consultant are customer service, real estate market, and project management.

Real estate sales associate vs real estate consultant overview

Real Estate Sales AssociateReal Estate Consultant
Yearly salary$92,941$92,358
Hourly rate$44.68$44.40
Growth rate5%5%
Number of jobs148,64622,428
Job satisfaction-4
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
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 real estate consultant do?

A real estate consultant is an individual who provides specialized investment and financial advice to clients who are looking to buy, sell, or invest in property. A real estate consultant must provide as many details as possible so that the client can make their decision and avoid problems in the process. They provide clients with value-added services such as asset management, market analysis, and lease management. Real estate consultants must also work with a variety of clients, including construction companies, business owners, or third-party investors.

Real estate sales associate vs real estate consultant salary

Real estate sales associates and real estate consultants have different pay scales, as shown below.

Real Estate Sales AssociateReal Estate Consultant
Average salary$92,941$92,358
Salary rangeBetween $62,000 And $139,000Between $61,000 And $138,000
Highest paying CityNew York, NYBoston, MA
Highest paying stateMassachusettsMassachusetts
Best paying companyGreenberg TraurigMarcus & Millichap
Best paying industryProfessionalFinance

Differences between real estate sales associate and real estate consultant education

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

Real Estate Sales AssociateReal Estate Consultant
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common college--

Real estate sales associate vs real estate consultant demographics

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

Real Estate Sales AssociateReal Estate Consultant
Average age4949
Gender ratioMale, 47.1% Female, 52.9%Male, 61.5% Female, 38.5%
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, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate sales associate and real estate consultant 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).
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Real estate consultant example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Help to initiate partnership with Fannie Mae to monitor and sell their REO homes.
  • Develop PowerPoint presentations and marketing materials to maximize potential client's interest.
  • Create and deliver sales presentation for perspective clients, including PowerPoint presentation specific for the individual and property.
  • Develop and execute sales/marketing programs and general sales solutions resulting in increase company exposure, customer traffic, and sales production.
  • Train on the MLS, and all state approve contracts and systems.
  • Show more

Real estate sales associate vs real estate consultant 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 real estate consultant skills
  • Customer Service, 11%
  • Real Estate Market, 9%
  • Project Management, 6%
  • Financial Analysis, 5%
  • PowerPoint, 5%
  • Real Estate Sales, 5%