Real Estate June 2, 2023

Realtor vs. Real Estate Agent: What’s the Difference?

When you’re buying or selling a home, you’ll need to work with a real estate professional. But with so many options out there, it can be tough to know who to choose. Should you hire a Realtor or a real estate agent?

In this blog post, we’ll explain the difference between Realtors and real estate agents, and help you decide which type of professional is right for you.

What is a Realtor?

A Realtor is a real estate agent who is a member of the National Association of Realtors (NAR). The NAR is a professional trade association that sets standards for its members, including ethical conduct and professional education.

To become a Realtor, an agent must meet certain requirements, including passing a background check and completing a certain number of hours of continuing education. Realtors are also required to abide by the NAR’s Code of Ethics, which sets forth standards of conduct for real estate professionals.

What is a Real Estate Agent?

A real estate agent is a licensed professional who helps people buy, sell, or rent real estate. Real estate agents are not required to be members of any professional association, and there are no national standards for real estate education or conduct.

However, most states do have licensing requirements for real estate agents. These requirements vary from state to state but typically include passing a background check and completing a certain number of hours of education.

What’s the Difference?

So, what’s the difference between a Realtor and a real estate agent?

The main difference is that Realtors are required to meet certain standards of conduct and education. Real estate agents are not.

This doesn’t mean that all real estate agents are unethical or unqualified. However, it does mean that Realtors are more likely to have the training and experience to help you buy or sell a home.

Which One Should You Hire?

If you’re serious about buying or selling a home, it’s a good idea to hire a Realtor. Realtors have the training and experience to help you navigate the complex process of buying or selling a home.

They can also help you find the right property for your needs and budget. And they can negotiate on your behalf to get you the best possible price.

Of course, hiring a Realtor will cost you more than hiring a real estate agent. But the peace of mind and peace of sale are worth it.

How to Find a Realtor

If you’ve decided to hire a Realtor, there are a few things you can do to find one.

  • Ask your friends, family, or colleagues for recommendations.
  • Look for Realtors who are members of the National Association of Realtors (NAR).
  • Check with your state’s real estate licensing board to make sure the Realtor is licensed.
  • Interview several Realtors before making a decision.

Conclusion

When you’re buying or selling a home, it’s important to work with a qualified real estate professional. A Realtor is a good choice because they are required to meet certain standards of conduct and education. They can also help you find the right property for your needs and budget.