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

A realtor and a real estate agent both help people buy or sell residential real estate. However, there are some important differences between them. In North Carolina, a real estate agent must be licensed to do business in the state, whereas a realtor is a member of a national organization that enforces a strict code of ethics. A real estate agent typically works for a broker, helping find potential properties for their clients. They may show the client around the property and explain the features. They will also help them fill out paperwork, and in some cases, may negotiate a sale on their behalf. A realtor has a slightly different role. Real estate agents must adhere to a code of ethics known as the National Association of Realtors (NAR) Code of Ethics and Standards of Practice. Realtors must have a minimum of two years of experience with a real estate brokerage and must complete ongoing education. Realtors can also belong to local boards of realtors, which may provide additional resources for their clients. In summary, the difference between a realtor and a real estate agent is that a realtor is a member of a national organization and must adhere to a strict code of ethics, whereas a real estate agent may or may not be a member of the NAR and may not be held to the same standards.

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

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