The word Realtor is a trademark referring to someone who’s an active member of the National Association of Realtors (NAR).
In the United States, a real estate agent is licensed to help consumers buy and sell commercial or residential property.
But not all Realtors are real estate agents.
Is a Realtor and real estate agent the same thing?
Not every real estate agent is a REALTOR® and not every REALTOR® is a real estate agent. Although both must be licensed to sell real estate, the main difference between a real estate agent and a REALTOR® is the latter is a member of the National Association of REALTORS®.
Whats the difference between a realtor and a broker?
A real estate agent is anyone who has earned a real estate license. A real estate broker is an agent who has also passed their broker license exam. The primary difference between a real estate agent and broker is that a broker can own a real estate firm or hire agents to work for them.
Do Realtors make more money than real estate agents?
The income level for Realtors and real estate agents is different because more Realtors work full-time and take their job more seriously. That does not mean every Realtor is better than every real estate agent, but the averages do show that Realtors make more money.
What is an agent in real estate?
A real estate agent is an industry professional who serves as the facilitator of real estate transactions. They are ultimately responsible to bring buyers and sellers together and are paid a commission—a percentage of the sale price. A broker, on the other hand, owns a brokerage and employs real estate agents.