Is there a Difference between a Realtor and a Real Estate Agent?

 

The simple answer is Yes there is. So what is the difference, you may ask? Well, it is simple to answer but very commonly misunderstood. Though they are both license to sell real estate, they are not exactly the same.

Some homes to view as you are reading this article furnished by IDX/MLS current and updated daily each and every morning in Boise Idaho homes under $250K:

Listings in all of Boise Idaho within the last 30 days under $250K.

Listings for all Boise Idaho bank owned homes

Listings for all Meridian Idaho homes

 

Real Estate Agent

 

A real estate agent is a licensed professional that can sell your real estate and advise you on real estate transactions in the state in which they are licensed. They may be sales agents or they may be real estate brokers but regardless of their particular license, they can help you buy or sell your property in their licensing state.

 

Realtor

 

A Realtor can do exactly what a real estate agent does except they have additional qualifications. As a designated Realtor, a real estate agent is a member of the National Association of Realtors and abides by a strictly defined Realtor’s Code of Ethics. By associating themselves with the National Association of Realtors and defining themselves as Realtor’s, a license real estate agent is stating that they uphold these standards and represent their clients at a high standard set by the Board.

 

Which should I Choose?

 

Really, the choice is yours. It is obvious that a real estate agent, whether a Realtor or not, will abide by their own moral and ethical definitions which will define their work as an agent representing their client.  Therefore, just because an agent has been designated as Realtor does not automatically mean they will be a better professional than someone without the Realtor designation.  However, it is an standard that can be considered and something you may want to consider when choosing an agent to meet your real estate needs.