Why Use a Realtor?
When
you're looking for help buying or selling property, it's important
to remember that the term "real estate agent" and the word "REALTOR®" are
not synonymous. REALTORS® can provide an extra level
of service, and to be a REALTOR® you must be a member
of the National Association of REALTORS®. NAR is a
non-profit trade organization that promotes high professional
standards in real estate information, education and professional
standards.
The National Association of REALTORS® also has earned a strong reputation
for actively championing private property rights and working to make home ownership
affordable and accessible.
Code of Ethics
NAR
and CREA members adhere to a strict code of ethics founded on
the principle of providing fair and honest service to all consumers.
REALTOR® business practices are monitored at local
board levels. Arbitration and disciplinary systems are in place
to address complaints from the public or board members. This
local oversight keeps REALTORS® directly accountable
to the individual consumers they serve. Real estate licensees
who are not REALTORS®, work solely under state/provincial
licensing regulations.
Definitions
REALTOR® is
a licensed real estate agent who is a member of the National
Association of REALTORS® (NAR) a membership organization
of nearly 1,400,000 real estate agents in the United States.
In Canada, the corresponding professional organization is the
Canadian Real Estate Association (CREA). A licensed real estate
agent does not have to be a member of NAR or CREA to practice
real estate.
In real estate, a broker has earned a broker's license. Many brokers
own their own real estate office and are "brokers of record," with other real
estate agents "hanging their license" under the broker of record
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