Realtors vs. Real Estate Agents: What’s the Difference?
After seeing the terms realtors and real estate agents used interchangeably, you may have wondered if there is any difference between the two. Although both must be licensed to sell real estate, not every real estate agent is a Realtor. So, what’s the difference?
What is a Real Estate Agent?
In order to best understand the difference between a real estate agent and a Realtor, you must first know exactly what a real estate agent is. A real estate agent is someone who is licensed to assist in the buying and selling of properties. An agent can also choose between specializing in residential or commercial properties, and whether they would like to focus on being a listing, rental, or buyersbuyer’s agent.
In order to become licensed, real estate agents must take coursework and pass a state exam. Particular requirements for each state vary, but all agents must become educated about state and national real estate laws and practices. Agents must also renew their license every one to two years and typically continue their education to stay up to date on new policies and procedures.
What is a Realtor?
The main factor that separates a Realtor from a real estate agent is that a Realtor is an active member of the National Association of Realtors (NAR), the largest trade association in the U.S. The term “Realtor®” was created as a way to distinguish members of the NAR from non-members. The title is also trademarked as a way to protect the term from improper use.
Benefits to Choosing a Licensed Realtor Near You
As part of being a member of the NAR, licensed Realtors must have an outstanding professional record and adhere to ethical codes, as outlined in the NAR’s “17 Articles.” In fact, all of our agents at Verani Realty are Realtors, providing you with the best of agents to help you with your realty needs.
Choosing a real estate agent in the New Hampshire or surrounding areas who must adhere to such high standards of professionalism and ethical codes will give you a better sense of security that your agent has your best interest in mind. Additionally, when you hire a Verani Realty agent, you are gaining access to the agent’s professional network, his/her professional knowledge of the area and business, experience and skills of negotiation- all of which will give you a huge advantage when you are trying to sell or buy a property in near or around New Hampshire.
If you’re thinking about buying or selling a home, contact Verani Realty today! We are happy to guide you through the home buying and selling process. Go to Verani.com to contact a Verani Realty agent near New Hampshire and the surrounding area.
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