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What’s the Difference Between Realtors and Brokers?
Manage episode 150624041 series 1001255
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What's the difference between Realtors, real estate agents, and brokers.
A Realtor is a licensed real estate agent that belongs to the National Association of Realtors. It’s one of the largest trade groups in the entire country. They’re held to a higher set of standards and adhere to a code of ethics. Not all real estate agent are Realtors, but most are. When hiring an agent, ask if they’re a licensed real estate agent.
Some Realtors can also be brokers. Unfortunately, people misuse these terms all the time. There is a huge difference between being an agent and being a broker. Brokers typically manage the office and take care of daily operations; they might even own the entire business. Agents work underneath brokers as sales people.
If you’re looking to buy or selling a Northern Texas home, give me a call or send me an email. I’d be happy to answer any questions you have real estate!
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