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The differences between residential sales representatives and insurance sales representatives can be seen in a few details. Each job has different responsibilities and duties. Additionally, an insurance sales representative has an average salary of $61,386, which is higher than the $54,919 average annual salary of a residential sales representative.
The top three skills for a residential sales representative include data entry, customer relationships and weed control. The most important skills for an insurance sales representative are customer service, excellent time management, and work ethic.
| Residential Sales Representative | Insurance Sales Representative | |
| Yearly salary | $54,919 | $61,386 |
| Hourly rate | $26.40 | $29.51 |
| Growth rate | 4% | 6% |
| Number of jobs | 148,137 | 201,879 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 59% |
| Average age | 47 | 46 |
| Years of experience | 4 | - |
The job of a residential sales representative is to sell the products and services to potential customers. Residential sales representatives design effective strategies to generate leads, establish a plan of action, and execute it. They manage all the leads and determine their prospective clients. It is part of their job to take part in different home shows and present the products and services their company offers. Marketing, communications, leadership, and business management are some of the skills they need to develop.
An insurance sales representative is primarily responsible for securing insurance sales by reaching out to clients through calls, correspondence, and even appointments. They are also responsible for gathering client information, discussing and recommending suitable terms, and even providing advice to meet their needs, all while building rapport to ensure customer satisfaction. There are also instances where they have to adjust existing terms, assist in filling out applications, and produce progress reports. Furthermore, it is essential to devise strategies to find new sales opportunities, as most insurance sales representatives must reach a particular sales target.
Residential sales representatives and insurance sales representatives have different pay scales, as shown below.
| Residential Sales Representative | Insurance Sales Representative | |
| Average salary | $54,919 | $61,386 |
| Salary range | Between $39,000 And $75,000 | Between $38,000 And $97,000 |
| Highest paying City | Columbia, MD | Washington, DC |
| Highest paying state | New Jersey | New York |
| Best paying company | American Residential Services | FFL Partners |
| Best paying industry | Technology | Finance |
There are a few differences between a residential sales representative and an insurance sales representative in terms of educational background:
| Residential Sales Representative | Insurance Sales Representative | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Alfred | University of Pennsylvania |
Here are the differences between residential sales representatives' and insurance sales representatives' demographics:
| Residential Sales Representative | Insurance Sales Representative | |
| Average age | 47 | 46 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 3.8% Unknown, 3.7% Hispanic or Latino, 14.0% Asian, 5.1% White, 73.2% American Indian and Alaska Native, 0.2% | Black or African American, 9.4% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 4.9% White, 65.8% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 6% | 7% |