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Wholesaler vs realtor

The differences between wholesalers and realtors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a wholesaler has an average salary of $59,529, which is higher than the $38,290 average annual salary of a realtor.

The top three skills for a wholesaler include business plan, annuities and territory sales. The most important skills for a realtor are residential real estate, open houses, and purchase agreements.

Wholesaler vs realtor overview

WholesalerRealtor
Yearly salary$59,529$38,290
Hourly rate$28.62$18.41
Growth rate4%5%
Number of jobs6,1957,482
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 60%
Average age4649
Years of experience8-

What does a wholesaler do?

A wholesaler sources inventory directly from manufacturers in a supply chain and sells it to retailers. They can sell products at a lesser unit price because they are selling in bulk, which reduces the cost and handling time of goods. They are tasked with sourcing products from manufacturers and storing them appropriately. They must have good bargaining skills and effective communication skills, be organized, and have excellent time-keeping skills.

What does a realtor do?

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.

Wholesaler vs realtor salary

Wholesalers and realtors have different pay scales, as shown below.

WholesalerRealtor
Average salary$59,529$38,290
Salary rangeBetween $41,000 And $84,000Between $27,000 And $53,000
Highest paying City-San Antonio, TX
Highest paying state-Connecticut
Best paying company-Berkshire Hathaway Homeservices Alliance Real Estate
Best paying industry-Real Estate

Differences between wholesaler and realtor education

There are a few differences between a wholesaler and a realtor in terms of educational background:

WholesalerRealtor
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Wholesaler vs realtor demographics

Here are the differences between wholesalers' and realtors' demographics:

WholesalerRealtor
Average age4649
Gender ratioMale, 75.6% Female, 24.4%Male, 40.2% Female, 59.8%
Race ratioBlack or African American, 8.1% Unknown, 4.0% Hispanic or Latino, 15.0% Asian, 6.3% White, 66.1% American Indian and Alaska Native, 0.4%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 wholesaler and realtor duties and responsibilities

Wholesaler example responsibilities.

  • Team with external wholesaler to develop sales and servicing strategy in order to manage assign sales region effectively.
  • Work closely with bank management to help market annuities through the retail branches.
  • Prepare and schedule meetings, seminars and conference calls with brokers to increase awareness, understanding and usage of MassMutual annuities.
  • Recognize by management for confidence and develop knowledge of the healthcare industry with uncanny ability to expertly penetrate large accounts.
  • Work in partnership with RVP, covering the top-producing R.I.A.
  • Develop individual account base through telemarketing, cold-calling & prospecting.

Realtor example responsibilities.

  • Process funds and manage accounts through QuickBooks.
  • Manage scheduling and develop computer reports and MLS listings, create PowerPoint presentations, marketing materials and handle advertising.
  • Place and remove signs & lockboxes.
  • Make entries into QuickBooks; reconcile monthly bank statements.
  • Install yard signs, directional signs and lockboxes on each listing.
  • Coordinate social media advertisements by posting updates to Facebook, LinkedIn, and Pinterest accounts.
  • Show more

Wholesaler vs realtor skills

Common wholesaler skills
  • Business Plan, 18%
  • Annuities, 8%
  • Territory Sales, 6%
  • Excellent Presentation, 6%
  • Sales Process, 4%
  • Leverage, 4%
Common realtor skills
  • Residential Real Estate, 22%
  • Open Houses, 9%
  • Purchase Agreements, 6%
  • Comparative Market Analysis, 5%
  • Real Estate Sales, 4%
  • Real Estate Contracts, 4%