What is the difference between a realtor and a real estate agent?

A realtor and a real estate agent are both professionals involved in real estate transactions, but they have different roles and qualifications. A realtor is a real estate agent who is a member of the National Association of Realtors (NAR). To become a realtor, one must complete ethics training, take a written test, and agree to adhere to strict codes of conduct. Realtors must also have a real estate license in the state of New Mexico. Realtors have access to a wide network of resources, and are experienced in working with buyers and sellers in residential real estate transactions. In comparison, a real estate agent is someone who works with real estate transactions without necessarily having to complete the NAR’s codes of conduct or ethics training. In New Mexico, real estate agents must have a real estate license and abide by state real estate laws. Real estate agents may specialize in residential real estate, but they typically don’t have the same breadth of resources and network of contacts as realtors. Overall, the roles of a realtor and a real estate agent can overlap. However, realtors typically have more experience and access to resources than real estate agents. In New Mexico, both realtors and real estate agents must hold a real estate license to legally act as a real estate professional.

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What is the difference between a realtor and a real estate agent?

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