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The Roles of Real
Estate Agent v
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The Roles of Real Estate Agent vs. Realtor
Most people tend to use the terms realtor and real estate agent interchangeably.
Unless you are shown otherwise, it can be extremely difficult for a
person to be able to discern the differences between the two on their
own, especially if they only observe them in the field, selling homes.
In laymen's terms, realtors are more experienced than regular real estate
agents and have obtained a higher level of education than they have.
All realtors are certified through the National Association of Realtors,
more commonly known in the business world as the NAR. Realtors certified
with the National Association of Realtors are held to a strict code
of ethics, and are regarded as possessing a higher standard of business
than their real estate agent counterparts who have been licensed through
their particular state.
Realtors have been trained in a lot of different areas and they hold
a vast array of certifications to serve your particular needs. After
examining your budget, your financial assets, your credit worthiness,
and your income they are able to refer you to the proper bank or agency
to grant you a loan, according to your particular needs. For a client
with a higher than average credit score, a realtor would be best qualified
to refer his client to bank that would service their loan for the lowest
rate. That would serve that particular customer's needs very well.
Realtors are well versed on the demographics of each of the particular
neighborhoods in their local area. They have all of the latest up-to-date
information either stored in their heads or readily available regarding
the quality of and distance to the local schools, parks, and even churches,
temples, and such. They possess a wealth of information about their
properties and their locations, so they are qualified to place people
in properties that best suit their needs.
In addition to the continuing education course requirements that are
legally mandated by the state in order for a real estate agent or realtor
to maintain their license, to keep their realtors' license and stay
a member of the National Association of Realtors all licensed realtors
must take additional continuing education courses above and beyond that
which is already required. This is one of the reasons why licensed
realtors are expected to maintain not only a higher level of work ethic,
but also a strict code to maintain a level of honesty between all of
the parties involved in the transaction, but they also possess also
a greater wealth of knowledge and expertise of the real estate business.
Needless to say, it really is in a success driven and goal oriented
real estate agent's best interest that they become licensed realtors
with the NAR. Most people prefer to utilize the services of a licensed
realtor even if it is only because the title brings an unwarranted sense
of security, projecting a prestige that brings business along with it.
About The Author:
Peter Dobler is a veteran in the IT business. His passion for experimenting
with new internet marketing strategies leads him to explore new niche
markets.
Read more about his experience with real estate; visit
http://real-estate.online-business-idea.com
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