Real Estate Agents vs REALTORS

Real Estate Agents vs REALTORS® – What is The Difference?

Real Estate Agents vs REALTOR® - What is the Difference?Real Estate Agents vs REALTORS® – What is The Difference?

People use the terms REALTOR® and Real Estate Agent interchangeably, but did you know there is a difference!

Even though both are licensed to sell real estate, the basic difference between a real estate agent and a REALTOR® is that a REALTOR® is a member of the National Association of REALTORS®.   Being a member of the National Association of REALTORS® means the REALTOR® must subscribe to and abide by a strict REALTOR® Code of Ethics.  This Code of Ethics is a living, dynamic statement that has moved with the times, updating annually to guide REALTORS® in their daily professional lives and is the cornerstone of the National Association of Realtors ethics training.  It guides REALTORS® and shows consumers the level of education, dedication and commitment to the Real Estate profession each member of NAR possesses.

Real Estate Agents vs REALTORS® –  How does this difference benefit the consumer?

When you are making the biggest purchase of your life, it helps to know that you have a trusted professional on your side. Realtors have training in ethics for both their dealings with the public and with the real estate community. The REALTOR® Code of Ethics consists of 17 Articles and related Standards of Practice. It’s not just a collection of rules that agents swear to uphold and adhere to. The Standards are much more restrictive and confining as to conduct than those governing a Real Estate Agent that simply holds a real estate license. As an example the code’s articles include things like:

  • Realtors protect and promote their clients’ interests while treating all parties honestly.
  • Realtors refrain from exaggeration, misrepresentation, or concealment of pertinent facts related to property or transactions.
  • Realtors cooperate with other real estate professionals to advance their clients’ best interests.
  • When buying or selling on their own account or for their families or firms, Realtors make their true position or interest known.
  • Realtors make sure that contract details are spelled out in writing and that parties receive copies.
  • Realtors give equal professional service to all clients and customers irrespective of race, color, religion, sex, handicap, familial status, national origin, or sexual orientation.
  • Realtors paint a true picture in their advertising, marketing, and other representations.
  • Realtors make only truthful, objective comments about other real estate professionals.

Real Estate Agents vs REALTORS®

While there is no evidence nor guarantee that all REALTORS® are morally or ethically better than unaffiliated Real Estate Agents, it is a major effort by the industry to regulate and guarantee fair dealings with Clients, the public, and other Realtors . . . and clearly deserves recognition.

By selecting a REALTOR®, consumers are choosing a professional that voluntarily holds to a high ethical standard.  Team members of the TCR Group proudly hold the title of REALTORS® that live by the code.

Mykel Martin

Hello I’m Mykel, the Agent behind At Home in the Inland Empire and the creator of most of the content on this website. I’d like to take a minute to Thank You for taking time to read this article. I truly appreciate the time you spend here. I look forward to your comments. Please feel free to share this article with someone you think might benefit from it.  If there is a topic you don’t find here that you’d like for me to address, feel free to Contact Me. I’m always open to suggestions and ideas from our readers.

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