There’s a lot to consider when choosing the right person to represent you in your real estate transaction. You want someone who will act in your best interest every step of the way.
There are some important differences between the roles of a real estate agent and those of a REALTOR®, as well as different requirements for using particular titles. All REALTORS® are real estate agents but not all real estate agents are REALTORS®. Therefore, the two should not be interchanged. Professional standards separate REALTORS® from real estate agents.
A real estate agent is licensed to assist in buying, selling and renting property. To become a real estate agent, one must complete several real estate courses, pass a licensing exam, maintain license and remain current with education requirements.
Only a real estate licensed professional who is also a member of the National Association of REALTORS@ may wear title of REALTOR®. NAR is the largest trade association in the nation. By being a member, they have access to the local Realtor Board’s MLS where they promote listings. Also, have access to benefits, tools, market data, and educational opportunities. To become a REALTOR® one must uphold a strict Code of Ethics. The REALTOR® Code of Ethics contains 17 Articles that are strictly enforced. Each article outlines proper conduct and assures your REALTOR® will protect the customer, the public, other REALTORS®, and anyone else involved in the transaction.
Finding the right Agent for you is vital to your success when buying or selling a home. Now that you are armed with more information about the differences between a Real Estate Agent and a REALTOR® you can make a more educated decision about what matters most to you in the agent you hire to represent your best interests.