The Difference Between A Realtor And A Real Estate Agent | LeClair …
Posted by Maria Valenzuela on July 9, 2011
What tells apart a Realtor from a real estate agent is the existence of the ?Realtor Code of Ethics? which they swear and adhere to. This is actually composed of 17 articles and different underlying standards of practice that should be followed and uphold.
The existence of the code of ethics, however, does not necessarily mean Realtors are ethically or morally better than real estate agents. Here are some things a Realtor can do that a real estate agent can?t.
The code of ethics bind Realtors to do everything for the best of their clients even if it means they have to work together with the other real estate agents. Realtors vow to treat all parties honestly where the interests of the buyers and the sellers are before their own. They shouldn?t conceal any material facts as well as avoid misrepresenting their clients? requests or demands. Moreover, they are allowed to investigate and disclose significant details about Crosby TX homes to their clients which real estate agents can?t do.
Realtors are not allowed to provide any kind of professional services to other clients while during a transaction. It means one client at a time so that they can really provide all the needs and disclose any information that would be useful to the transaction.
There exists a big difference between a Realtor and a real estate agent although both of them have the licenses to sell. Realtors and real estate agents should not be used interchangeably because they are not the same. Basically, Realtors are actually licensed real estate agents and are members of the National Association of Realtors which requires them to swear by a code of ethics, as well as pay fees to the association. This membership allows them to have access to the MLS database that holds all types of property listings ? residential, commercial, and agricultural. Conversely, real estate agents are licensed individuals who are legally allowed by a particular state to be involved in any real estate deals for paid commissions.
Do you want to list your home at homes for sale in Lone Tree? Find good Realtors and Logan real estate agents to ensure a successful real estate transaction.
Source: http://www.leclairenterprises.com/2011/07/the-difference-between-a-realtor-and-a-real-estate-agent/
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