Differences Between REALTORS® and Real Estate Agents: Why You Should Hire a REALTOR®

-

Buying or selling a property can be a complex and time-consuming process, and having the right professional to guide you through the process can make all the difference.  While many people use the terms "realtor" and "real estate agent" interchangeably, the simple truth is that they are very different.  All REALTORS® are real estate agents, but not all real estate agents are REALTORS®.  Additionally, the title of REALTOR® is a registered trademark, and real estate agents that are not members of The National Association of REALTORS® cannot refer to themselves as such.  In this blog, we'll discuss the benefits of choosing a REALTOR® over a real estate agent.

  1. Code of Ethics and Professional Standards:  REALTORS® are members of the National Association of REALTORS® (NAR) and must adhere to a strict code of ethics and professional standards.  This code requires REALTORS® to be honest and transparent in their dealings with clients and other real estate professionals and to avoid misprepresentation.  The Code of Ethics is divided into three major sections:  "Duties to Clients and Customers", "Duties to the Public", and "Duties to REALTORS®".  All REALTORS® are required to adhere to the Code of Ethics in all business dealings.
  2. Access to MLS and Other Tools:  REALTORS® have access to the Mulitple Listing Service (MLS), which is a database of properties that are for sale.  This gives them access to information about properties that may not be available to the general public.  REALTORS® also have access to other tools and resources that can help them market properties, provide statistical data and property reports, and help them find potential buyers.
  3. Negotiation Skills:  REALTORS® are trained in negotiation skills and can help their clients get the best deal possible.  Whether you're buying or selling a property, a REALTOR® can help you negotiate the terms of the sale and ensure that your interests are protected.
  4. Market Knowledge:  REALTORS® have a deep understanding of the local real estate market (geographical competence) and can help you navigate the complexities of buying or selling a property.  They can provide valuable insights into pricing trends, the availability of properties, and other factors that may impact your decision.
  5. Network of Professionals:  REALTORS® have a network of professionals that they can tap into to help their clients.  This includes mortgage brokers, home inspectors, contractors, and other professionals that can help you throughout the buying or selling process.
  6. Support Throughout the Process:  Buying or selling a property can be a stressful and ovewhelming experience.  REALTORS® provide their clients with support throughout the process, from helping them find the right property to closing the deal.  They can also any questions you may have and provide guidance and advice as needed.  If certain questions don't fall within their area of expertise and require an answer from a separate licensed individual (i.e.: taxes, legal questions, mortgage loan details, etc...), they will be able to refer you to the appropriate licensed professional to answer those questions.
  7. Continuing Education:  REALTORS® are required to continually renew their Code of Ethics and MLS training at set intervals.  This helps ensure that your REALTOR® is refreshed and up to date on changes that may have occurred in the interim.

While real estate agents can provide valuable services, working with a REALTOR® offers a number of additional benefits.  REALTORS® are held to a higher standard of professionalism, have access to valuable tools and resources, and can provide valuable insights into the local real estate market.  If you're buying or selling a property, working with a REALTOR® can help you achieve your goals more quickly and with greater peace of mind.

Comments

Post a Comment

Popular posts from this blog

Unraveling the History of Easter: From Ancient Rites to Modern Celebrations

-
Image
As spring blooms forth with its vibrant colors and rejuvenating spirit, it also heralds the arrival of Easter, one of the most significant Christian holidays worldwide.  Beyond its association with chocolate eggs and bunnies, Easter holds a profound historical and religious significance that spans millennia.  Let's delve into the rich tapestry of Easter's history, from its ancient roots to its contemporary celebrations.
Read more

Interested in Purchasing New Construction? Make Sure You Read This Blog!

-
Image
Choosing new construction over a resale property can offer several advantages for buyers.  Firstly, new construction homes often come with modern amenities and energy-efficient features, reducing long-term maintenance costs and enhancing the overall living experience.  Buyers can also have a say in customization, selecting finishes, layouts, and even sometimes the lot location, to align the home with their preferences and needs.  Furthermore, new construction homes typically come with warranties, providing peace of mind and protection against repairs. However, it's crucial for buyers to use a REALTOR® when venturing into the world of new construction.  REALTORS® bring valuable expertise to the table, helping buyers navigate the complex process of purchasing a newly built home.  They can guide buyers through negotiations, ensuring they receive the best possible terms and pricing.  REALTORS® can also provide insight into the local real estate market, helping...
Read more

Sick of the Theme Parks? Here's Some Other Great Ideas for Outside Fun in Orlando!

-
Image
Orlando, Florida is known for its theme parks and attractions, but it also offers plenty of outdoor activities for nature lovers and adventure seekers.  From parks to lakes and trails, here are some of the best outdoor activities in Orlando. Lake Eola Park at Night Explore the Wekiwa Springs State Park:  Wekiwa Springs State Park is a beautiful park located just 20 minutes north of Orlando.  The park offers hiking, biking, kayaking, and camping opportunities.  Visitors can also swim in the crystal-clear springs, which maintain a temperature of 72 degrees Fahrenhiet all year round. Visit Lake Eola Park:  Lake Eola Park is a popular outdoor destination in downtown Orlando.  The park features a lake, a walking tail, picnic areas, and playgrounds.  Visitors can rent swan-shaped paddle boats and enjoy a ride around the lake. Walk or bike the West Orange Trail:  The West Orange Trail is a 23-mile paved trail that connects several communities in Orlan...
Read more