Us Realtors differ from regular real estate agents in that we have to abide by a code of ethics. Here’s what I mean.
Buying a home? Click here to perform a full home search
What’s the difference between a Realtor and a real estate agent?
Today I’m at a quarterly meeting of the General Assembly of Realtors, and I thought it would be an appropriate time to answer this question.
Of course, all Realtors are real estate agents, but we have to abide by a higher standard than real estate agents. In fact, we have to abide by a code of ethics that regular agents don’t have to.
The next time you interview a real estate agent, ask them whether they’re a Realtor or not.
Members of this association I belong to also contribute to lobbying efforts. For example, when the new tax bill was in process and they were looking to remove the mortgage deductions, we lobbied heavily to ensure that homeowners could still deduct the interest expenses.
It’s important to know the difference between the two terms. The next time you interview a real estate agent, ask them whether they’re a Realtor or not.
If you have any more questions about the difference between a real estate agent and a full-fledged Realtor or you’re thinking of buying or selling a home in our market, don’t hesitate to reach out to me. I’d be glad to help you.
