Quick Answer: What’s The Difference Between A Real Estate Agent And A Realtor?

The word Realtor is a trademark referring to someone who’s an active member of the National Association of Realtors (NAR).

In the United States, a real estate agent is licensed to help consumers buy and sell commercial or residential property.

But not all Realtors are real estate agents.

What does it mean to be a realtor?

The term REALTOR® has one, and only one, meaning: REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.

Is it better to be a real estate agent or broker?

A real estate agent is anyone who has earned a real estate license. A real estate broker is an agent who has also passed their broker license exam. The primary difference between a real estate agent and broker is that a broker can own a real estate firm or hire agents to work for them.

How do you become a Realtor?

If you’re not a member of the National Association of REALTORS®, but you’d like to become one, you must first join a local real estate association. Members of NAR belong to one or more of some 1,400+ local associations (also called boards) and 54 state and territorial associations of REALTORS®.

Should I use real estate agent?

Agent can give a professional opinion of how much a home is worth. But the agent has an incentive to inflate the price, because the more you pay for the house, the bigger commission they make. Agents won’t tell you about FSBO’s unless the seller is paying a commission to realtors.