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The differences between realtors and licensed realtors 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 $38,029 average annual salary of a licensed realtor.
The top three skills for a realtor include residential real estate, open houses and purchase agreements. The most important skills for a licensed realtor are residential real estate, purchase agreements, and lead generation.
| Realtor | Licensed Realtor | |
| Yearly salary | $38,290 | $38,029 |
| Hourly rate | $18.41 | $18.28 |
| Growth rate | 5% | 5% |
| Number of jobs | 7,482 | 17,429 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 61% |
| 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.
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.
Realtors and licensed realtors have different pay scales, as shown below.
| Realtor | Licensed Realtor | |
| Average salary | $38,290 | $38,029 |
| Salary range | Between $27,000 And $53,000 | Between $27,000 And $52,000 |
| Highest paying City | San Antonio, TX | Austin, TX |
| Highest paying state | Connecticut | New York |
| Best paying company | Berkshire Hathaway Homeservices Alliance Real Estate | Paññã |
| Best paying industry | Real Estate | Real Estate |
There are a few differences between a realtor and a licensed realtor in terms of educational background:
| Realtor | Licensed Realtor | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between realtors' and licensed realtors' demographics:
| Realtor | Licensed Realtor | |
| Average age | 49 | 49 |
| Gender ratio | Male, 40.2% Female, 59.8% | Male, 38.3% Female, 61.7% |
| 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, 13.4% Asian, 6.9% White, 69.6% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 13% | 13% |