You’ll frequently hear the terms “real estate agent” and “Realtor” used interchangeably, but they are not the same. While the distinction may seem minor, it makes a significant difference in training, ethics, accountability and service, especially in today’s evolving marketplace.

Whether you’re a consumer navigating a home sale or a professional building a career, it’s important to understand the distinction between agents and Realtors and why it matters.

The basics: license vs. membership

Let’s start with the basics. A real estate agent is an individual who holds a state-issued license to assist clients in buying, selling or renting property.

Realtor, on the other hand, is a licensed real estate professional who is also a member of the National Association of Realtors (NAR). This membership is offered through a local Realtor association and includes automatic membership in both the state and national associations.

All Realtors are real estate agents, but not all real estate agents are Realtors.

Read the full article on Inman here

Recommended Posts