More Info On The National Association Of Realtors

You have probably heard that it is best to select someone that is a realtor when searching for a real estate agent to help you with the sell of your home. What you may not realize is that there is a difference between a Realtor and a real estate agent or broker. A realtor is a member of the National Association of Realtors while a real estate agent or broker is not. Why should you be concerned about whether or not your agent or broker is a member the National Association of Realtors and what is it?

Reducing Risks with the National Association of Realtors

Established in the year 1908 as the National Association of Real Estate Exchanges, the National Association of Realtors was built on the idea of regulating real estate agents and ensuring clients receive the best service possible.

In order to become a member of the National Association of Realtors, the professional must complete certain educational requirements that are above and beyond those required to become a real estate salesperson.

In addition, members of the National Association of Realtors must agree to abide by a code of ethics and Standards of Practice that have been established by the association. You can be certain your interests are protected – whether you are the buyer or the seller by following the code of ethics and the Standards of Practice.

Becoming a Member of the National Association of Realtors

Quite a number of people do not understand that there are actually different types of real estate professionals that can become members of the National Association of Realtors. Some of these professionals include:

Appraisers Commercial real estate brokers Counselors Immovable property managers Real estate salespeople Residential real estate brokers

Though their roles do very slightly, each of these professionals is heavily involved in the real estate transaction process. Real estate sales people are not as responsible or as educated as responsible as a real estate broker. Yet, both can assist you in the house buying process. In the same manner, a commercial real estate broker specializes in assisting in transactions having to do with commercial or industrial properties while residential real estate brokers assist with transactions having to do with residential homes.

The National Association of Realtors, with a history that is almost 100 year old, is well established and greatly respected in the industry. You are taking the first step toward enjoying a successful house buying or selling experience when you decide to work with a realtor that belongs to the association.