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Sales agent vs associate broker

The differences between sales agents and associate brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate broker has an average salary of $64,361, which is higher than the $45,217 average annual salary of a sales agent.

The top three skills for a sales agent include customer service, customer satisfaction and life insurance. The most important skills for an associate broker are excellent client, real estate sales, and financial resources.

Sales agent vs associate broker overview

Sales AgentAssociate Broker
Yearly salary$45,217$64,361
Hourly rate$21.74$30.94
Growth rate10%5%
Number of jobs391,9878,836
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 65%
Average age4349
Years of experience6-

What does a sales agent do?

A sales representative is responsible for offering goods and services to potential and existing clients. Sales representatives must display a strong knowledge of the company's products to assist customers with their inquiries and concerns. A sales representative should have exceptional communication skills and extensive knowledge of the sales industry to deliver sales pitches and negotiate pricing offers with the clients. Sales representatives must also keep themselves updated with the current market trends to provide service recommendations, improving their sales to increase revenues.

What does an associate broker do?

An Associate Broker demonstrates property to prospective homeowners and gives offers to sellers for consideration. Associate Brokers design real estate databases, maintain property data or blueprints and develop strategies for process improvement. They create MLS listings and establish and distribute advertising materials. Their job involves the incorporation of innovative marketing techniques like direct mail, print advertising, and intensive internet exposure. They also review and evaluate real estate transactions for quality control and accuracy.

Sales agent vs associate broker salary

Sales agents and associate brokers have different pay scales, as shown below.

Sales AgentAssociate Broker
Average salary$45,217$64,361
Salary rangeBetween $21,000 And $95,000Between $38,000 And $106,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyGoldman SachsCushman & Wakefield
Best paying industry-Finance

Differences between sales agent and associate broker education

There are a few differences between a sales agent and an associate broker in terms of educational background:

Sales AgentAssociate Broker
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Southern California

Sales agent vs associate broker demographics

Here are the differences between sales agents' and associate brokers' demographics:

Sales AgentAssociate Broker
Average age4349
Gender ratioMale, 52.7% Female, 47.3%Male, 52.5% Female, 47.5%
Race ratioBlack or African American, 5.7% Unknown, 4.1% Hispanic or Latino, 12.0% Asian, 9.3% White, 68.6% American Indian and Alaska Native, 0.2%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%
LGBT Percentage6%13%

Differences between sales agent and associate broker duties and responsibilities

Sales agent example responsibilities.

  • Manage a CRM pipeline of hundreds of leads with different needs and qualifications.
  • Generate fresh leads through outbound telemarketing.
  • Achieve sales standards set for department by effectively communicating Humana campaigns to customers.
  • Increase customer understanding of Comcast products and pricing models as well as competitive advantage over other service providers.
  • Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
  • Adhere to all CMS, company, and carrier relate policies and procedures while growing sales.
  • Show more

Associate broker example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Work with clients, prepare & file all the paperwork, input listings to MLS, market and advertise list property.
  • Develop message flows which done XML/XSLT transformations, from one format to another, SOAP/HTTP XML to MRM mappings and transformations.
  • Assist Medicare-eligible individuals with Medicare supplement and replacement plans adhering to CMS guidelines.
  • Develop Indianapolis territory for contacts with senior citizens during the enrollment period for Medicare.
  • Create and maintain accurate MLS listings as well as developed and distribute unique advertising materials.
  • Show more

Sales agent vs associate broker skills

Common sales agent skills
  • Customer Service, 10%
  • Customer Satisfaction, 10%
  • Life Insurance, 10%
  • Insurance Products, 7%
  • Work Ethic, 6%
  • Cold Calls, 4%
Common associate broker skills
  • Excellent Client, 12%
  • Real Estate Sales, 11%
  • Financial Resources, 7%
  • Market Research, 5%
  • Business Development, 5%
  • Renewal Business, 4%