Summary
What the different between a real estate agent and a Realtor.
A real estate agent is just that, an agent that can sell real estate in the state they have their license in and this not a member of their local NAR (National Association of Realtor)
A REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
What is a real estate agent?, A real estate agent is a person that has taken the real estate exam, passed it and now has a real estate license to sell real estate; homes, land, condos, townhouses, businesses etc.
What’s the difference between a real estate agent and a Realtor.
A real estate agent is just that, an agent that can sell real estate in the state they have their license in and is not a member of their local NAR (National Association of Realtor)
A REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
A real estate broker is a real estate agent who has continued their education and successfully received a state real estate broker’s license.
A real estate broker does the same things that a real estate agent does.
Real Estate Brokers are licensed to work independently, can employ agents and own their own brokerage.
A real estate broker associate is a Broker who chooses to work under another broker.
The vast majority of real estate agents, Realtors and brokers in California are paid on a commission basis.
This means they earn a percentage of the sale price of properties they help sell or buy.
However, some agencies might offer a base salary.
Why hire a real estate agent, Realtor or broker to buy or sell a house when you can do it on your own?
A Realtor is a real estate professional and, like attorneys, they know their business.
Those trained in the legal profession often point to a famous Abraham Lincoln quote when discussing pro se defendants: “The man who represents himself has a fool for a client.”
And the same quote could be said about those trained in the real estate profession.
There is a lot more to selling a house then just putting a sign in your front yard.
And as a buyer you want a professional that knows the areas, the paperwork, and that can help you find what you can afford and what you want.
Have ever been on a road thinking you knew where you were going and then find yourself lost?
Looking for a home can be the same as getting lost on the road, only it can cost you a lot more money and time.
Steve Olmos
Selling real estate in Southern California since 1980
Steve Olmos: www.steveolmos.com
Homequest Real Estate
Diana Olmos: www.mortgagemarketingmentor.com
Statewide Funding Inc.
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