Real estate agent or realator?

JBob

Knows the Ropes
Jun 9, 2012
25
8
8
36
Raleigh
#2
I think they are the same thing, but the realtor (no a in the middle) is a member of the mls.
 

Zappa

TREF Member
Jun 11, 2012
18
7
3
#3
A real estate agent is licensed by the state. Realtors are licensed real estate agents who are members of a trade group.
So, they are not exactly the same thing.
 

Barista

TREF Member
Jun 8, 2012
15
12
3
Raleigh
#4
A real estate agent is licensed by the state. Realtors are licensed real estate agents who are members of a trade group.
So, they are not exactly the same thing.
Right. The trade group, national Association of Realtors, is optional, but the license is not optional.
 

Mike Jaquish

Owner, Realty Arts
Staff member
Jun 6, 2012
26
22
3
Cary, North Carolina
RealtyArts.com
#6
Right. The trade group, national Association of Realtors, is optional, but the license is not optional.
That is it in a nutshell. Realtors have a Code of Ethics which is broader than state laws. Of course, the Code of Ethics does not supersede state laws and licensing rules, but it offers consumers and other Realtors a broader framework for good behavior.
Most MLSs are owned by local Realtor associations, so most of the time, agents have to be Realtors to be members.
 
Jun 25, 2012
15
8
3
Wake County NC
#9
Our first agent wasn't so hot. We got another and really liked him. Don't stick with one if it doesn't feel right.
 
J

Johnysam

TREF Guest
#11
People are always confused between realtor and real estate agent and use the terms interchangeably, but that is incorrect. There are big differences between REALTORS® and real estate agents. Although both are licensed to sell real estate, the basic difference between a real estate agent and a REALTOR® is a REALTOR® is a member of the National Association of REALTORS® while all agents are members of NAR.
 
Jun 25, 2012
15
8
3
Wake County NC
#16
Because your buyer agent agreement is with the firm, not the agent. If the firm forced the issue.
That's right. We stayed with the same firm. Different agent. But it was our choice to stay. They weren't going to make us do anything.
 
Sep 7, 2012
15
6
3
#18
Pick an agent who will make it all about YOU. The agent should not need to be the center of attention all the time.
 
Sep 7, 2012
15
6
3
#19
People are always confused between realtor and real estate agent and use the terms interchangeably, but that is incorrect. There are big differences between REALTORS® and real estate agents. Although both are licensed to sell real estate, the basic difference between a real estate agent and a REALTOR® is a REALTOR® is a member of the National Association of REALTORS® while all agents are members of NAR.
NAR IS the National Association of Realtors.
Agents are licensed by the state in which they work, and not all real estate license holders are members of NAR.