Are All Real Estate Agents REALTORS®?
Many people sometimes get the impression that all Real Estate Agents are REALTORS®. This is not so. The term or title of REALTOR® is often very misunderstood. There is a lot of confusion about this and often times it is not explained as well as it should be to the general public.So, allow me to clear this up. Not all Real Estate Agents are REALTORS®. So, then your next question for me is probably something like: Well, what IS a REALTOR® then?By definition, a Real Estate Agent becomes a REALTOR® when he or she becomes a member of the NAR or the NATIONAL ASSOCIATION OF REALTORS®. NAR, known as The Voice For Real Estate®, is the largest professional association – in the world!The term “REALTOR®” is a registered collective membership mark that identifies a Real Estate Professional who is a member of NAR and abides by its strict code of ethics.Members of NAR belong to one or more of 1,700 local boards/associations and 54 state and territory associations of REALTORS® and can join many societies, institutes, and coucnils of the NAR. REALTORS® also have the chance to be part of the NAR’s active appraisal and international real estate specialty sections. So, a REALTOR® is pledged to a strict Code of Ethics and Standards of Practice
Members have access to professional development, research, and exchange of information thanks to a facility provided by the NAR. REALTORS® undeniably have access to countless resources which can help provide a more excellent experience to home buyer and home seller clients. The tools that the NAR provides can keep both the REALTOR® and the client well protected during the transaction.
Now that you know what the correct definition of a REALTOR® is, I leave you with one question: Are you working with a REALTOR®?
If you are, that can only enhance the resources, tools, information that you will be given through your real estate professional. If you are unsure, you may want to find out.
See my other article called “REALTORS® Code of Ethics” which explains the strict Code of Ethics that all REALTORS® must abide by to sustain their NAR membership and the priviledge of calling themselves a REALTOR®.
I personally am a REALTOR® and feel that becoming a member of the NATIONAL ASSOCIATION OF REALTORS® has given me an edge in my profession. The tools and learning resources available to me through the NAR have played a large role in my career. Of course, as with any resource, it is what the individual does with that opportunity. So this mark or term does not in any way guarantee that every Real Estate Agent will be attending all seminars or taking advantage of all of the other tools and resources. It is always important to “interview” Real Estate Professionals and then decide who will be the best candidate to help see you through the entire home buying or selling process.
Questions or Comments? I love hearing from readers. Whether you are a home buyer/home seller in San Diego, CA or elsewhere, feel free to comment or e-mail/call me via my website. www.RaquelBundy.com
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[...] a Realtor® and a Real Estate Agent! – Later on, you may wish to read my previous blog article: “Are All Real Estate Agents Realtors?”). The California Department of Real Estate (DRE) estimates there to be 427,389 real estate [...]
San Diego Home Buyers/Sellers - How to Choose A Realtor For Your Next Home Purchase or Sale! « San Diego CA Homes - A Blog About San Diego’s Real Estate Market!
May 14, 2007