Realtor or agent
Is there any difference between RealtorĀ® and a real estate agent?
Contrary to popular belief, not all real estate agents are Realtors®. By definition, a Realtor® is “a real estate professional who is a member of the National Association of Realtors (NAR) and subscribes to its strict Code of Ethics.” A real estate agent is simply a person licensed to sell real estate.
There are basically three characteristics of being a Realtor®:
1. Realtors® subscribe to a strict Code of Ethics that often go above those mandated by law. This is a commitment to fairness and moral conduct in conducting business.
2. Realtors® have access to resources to further their knowledge and assist their clients. These include legal experts, housing data gathered by NAR, and community profiles.
3. Realtors® have a high commitment to professional development. Many have attended training and classes to obtain professional designations such as the Graduate Realtor® Institute, Seniors Real Estate Specialist®, and Certified International Property Specialist.
When choosing a agent to work with you, ask if he/she is a Realtor®.