No! Realtors and real estate agents are not the same. These two popular terminologies have distinct differences despite people using them interchangeably. As a property owner or soon-to-be, you will often work with either when buying, selling, or managing your properties.
However, they differ in areas such as qualification and rung of their professional ladder. Let’s dive into the nuances of these two real estate professionals in more detail below.
Who is a Realtor?
Realtors are licensed real estate professionals and a registered National Association of Realtors (NAR) member. The NAR is an organization that promotes ethics, education, and professional standards for its members. It is the largest trade association in the United States of America.
While people might use the team realtor to mean real estate agent, the designation is open to various professionals within the real estate industry. For example,
- Residential and commercial real estate agent
- Property managers
Who is a Real Estate Agent?
A real estate agent is a licensed professional who helps you buy, sell, and rent property. These individuals have undergone the necessary training and education to qualify for the license.
Real estate agents earn through commissions, usually an agreed percentage of the property sale or purchase value.
Although realtors can be real estate agents, not all agents are realtors. Additionally, real estate agents do not have to abide by the NAR’s code of ethics as realtors do. However, they must adhere to state-specific regulations and laws governing their profession. (1)
Differences Between Realtors and Real Estate Agents
Work With Professionals
At Bridlewood Real Estate, we work with realtors and agents to ensure our clients receive the best services when buying, selling, or managing properties. We take great pride in educating our clients in all matters concerning their property. We seek to provide excellent customer service that results in optimal financial success.
We are proud to serve Clermont, Mount Dora, Minneola, Groveland, and Orlando, and E with our industry-leading service. For more information, contact us today via 352-404-6484 or email us by completing our online form.
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