Comparing Realtors to Real Estate Agents

If you are looking for a property to buy, you might find this video quite useful. People are oftentimes confused as to who to talk to when purchasing a property. Should they approach Realtors or real estate agents? This simple guide will help in differentiating Realtors from real estate agents.

The main difference between a real estate agent and a Realtor is the certification that each person has.

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The terms are used interchangeably, and this has made people think that the two are the same. Yes, they complete similar jobs, but the standards to which each of them refer to are different.

A real estate agent, on the other hand, is a professional who provides assistance in purchasing and selling properties. In order to do these, a real estate agent must obtain a license to do so. Depending on their specialty, a real estate agent can handle either residential or commercial property or both.

Realtors are following the standards established by the National Association of Realtors (NAR). They must pass agent licensing requirements in the state they belong in, they also need to pass the NAR Code of Ethics course.

Know more about both professions by watching this video.