Inman
In the realm of real estate, the terms "real estate agent" and "Realtor®" are often used interchangeably, but they are not the same. And while the distinction may seem minor, it makes a significant difference in training, ethics, accountability and service, especially in today's evolving marketplace. Let's start with the basics. A real estate agent is an individual who holds a state-issued license to assist clients in buying, selling or renting property. A Realtor®, on the other hand, is a licensed real estate professional who is also a member of the National Association of Realtors® (NAR). This membership is offered through a local Realtor® association and includes automatic membership in both the state and national associations. All Realtors® are real estate agents, but not all real estate agents are Realtors®. What truly sets Realtors® apart is their commitment to a strict Code of Ethics — one that exceeds the requirements of state law. Established by NAR, the Code promotes honesty, integrity, fairness and putting the client’s interests above all else.