What is a Realtor

What is a Realtor

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  1. Realtor verses Agent.  What’s the difference?

    Almost everyone who purchased or sold a home has utilized the services of a real estate agent.  Most people have heard of a Realtor but are unsure as to the difference between an agent and a Realtor and what characteristics if any separate the two.  This article was created to outline the difference between an agent and a Realtor. 

    Realtor by Definition:

    A real estate agent is just that, a real estate agent, someone licensed to transact purchase, sales and rental transactions under the supervision and license of a Licensed Real Estate Broker.  Realtors can be Brokers or agents, depending on the type of real estate license they hold.  A real estate agent is considered a Realtor when he or she is a member of a Board or a member of the National Association of Realtors.  The term Realtor identified a real estate professional who adheres to a Code of Ethics as outlined by the National Association of Realtors and follows it thoroughly, professionally and accurately. There was once a time when a potential buyer or seller was not concerned with whether or not an agent was a Realtor but as time progressed and buyers and sellers became more educated and aware of the events within the real estate industry, having an agent who is also a Realtor became a big thing to potential clients.  This is partly due to the fact that Realtors are governed by a Code of Ethics which they commit themselves to follow and apply in their everyday work ethics. 

    Realtors work for property owners and potential property owners to consummate successful transactions.  Realtors continue their education and professional development and exchange valuable information amongst each other to ensure the continued success and recognition of their distinguished profession.  Though both agents and Realtors dedicate themselves to performing exceptionally for the clients that they serve Realtors are held to a higher standard of service.

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