Tuesday, January 8, 2008

Real Estate Agent vs. Realtor??

Many, many people use the terms real estate agent and Realtor interchangeably. But the reality is there IS a difference between the two terms.

A real estate agent is ANYONE who takes the required real estate classes and then passes the Pennsylvania real estate licensing exam.

A REALTOR is a real estate agent that is a member of the National Association of Realtors. Realtors subscribe to a strict code of ETHICS and STANDARDS OF PRACTICE.

So in a nutshell; all Realtors are real estate agents that subscribe to the National Association of Realtors stict code of ethics and standards of practice, but all real estate agents are NOT Realtors.

If you have any questions in regards to this difference, please feel free to ask.

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