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The differences between realtors and home agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a realtor has an average salary of $38,290, which is higher than the $23,972 average annual salary of a home agent.
The top three skills for a realtor include residential real estate, open houses and purchase agreements. The most important skills for a home agent are customer service, inbound calls, and windows.
| Realtor | Home Agent | |
| Yearly salary | $38,290 | $23,972 |
| Hourly rate | $18.41 | $11.53 |
| Growth rate | 5% | 5% |
| Number of jobs | 7,482 | 80,123 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 32% |
| Average age | 49 | 49 |
| Years of experience | - | - |
A realtor is responsible for processing real estate transactions and assisting clients with their concerns and inquiries about a specific property. A realtor should always work for their clients' best interests, ensuring that proposals work within the client's specified budget and property goals. A realtor will also consider the security of a property location before a recommendation to ensure the client's safety and comfort. Realtors must finalize records of cost estimates and purchase agreements, which are essential in choosing the best property.
Home Agents are responsible for negotiating the letting and sales of residential home properties through liaising with clients, property professionals, and solicitors. Their duties include gathering property information, reaching out to sellers about the property, estimating property value, and marketing properties for sale. They represent sellers in the negotiation process and liaise with stakeholders, advise prospective buyers, and reach acceptable prices. Homes Agents in the letting space will do credit checks for tenants, draft tenancy agreements, organize rent payment schedules, and resolve property issues.
Realtors and home agents have different pay scales, as shown below.
| Realtor | Home Agent | |
| Average salary | $38,290 | $23,972 |
| Salary range | Between $27,000 And $53,000 | Between $15,000 And $36,000 |
| Highest paying City | San Antonio, TX | - |
| Highest paying state | Connecticut | - |
| Best paying company | Berkshire Hathaway Homeservices Alliance Real Estate | - |
| Best paying industry | Real Estate | - |
There are a few differences between a realtor and a home agent in terms of educational background:
| Realtor | Home Agent | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 32% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between realtors' and home agents' demographics:
| Realtor | Home Agent | |
| Average age | 49 | 49 |
| Gender ratio | Male, 40.2% Female, 59.8% | Male, 26.3% Female, 73.7% |
| Race ratio | 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% | Black or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.6% Asian, 7.0% White, 69.4% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |