Both Realtors® and real estate agents have received the required license to legally perform real estate transactions. However, being a Realtor® means so much more. Only Realtors® follow the National Association of Realtors® (NAR) Code of Ethics, which is a strict set of guidelines by which Realtors® work and live.
Realtors® have been following this Code for 100 years, and they will continue to do so for 100 more – each and every day in each and every town, city, rural community, resort location and commercial area in New York and across the nation. Realtors® have also been promoting the dream of home-ownership for the past century, and will continue to fight for homeowner rights far into the future.
The Code of Ethics was designed to protect buyers and sellers by establishing ethical and professional standards for Realtors® to follow. Realtors® pledge to treat all parties in a transaction honestly, to provide competent real estate services, to be truthful in real estate representations, and to provide equal professional services regardless of the race, color, religion, sex, handicap, familial status, national origin or sexual orientation of consumers.
Along these lines, Realtors® are required to continually take law and ethics training as part of being a Realtor® member and sustaining their membership. Realtors® are true professionals that you can trust to act with integrity and to practice the highest level of professionalism.
Realtors® are committed to the Code of Ethics and to protecting homeownership. By choosing to work with a Realtor®, you are choosing a professional who holds themselves to high ethical standards. You can rely on a Realtor® to make your real estate transaction a smooth, legal, professional and positive experience.
Here in New York, especially the northern part of the state and Manhattan, most agents are not members of NAR and therefore not Realtors ®.
If you are ready to buy or sell a home, contact a local Realtor® and put your home-ownership dreams in good hands.
Titles for Real Estate Professionals
The real estate profession is regulated by state governments, which have different requirements for earning a license. In general, though, the titles you may come across include:
- Real estate agent:Anyone who earns a real estate license can be called a real estate agent, whether that license is as a sales professional, an associate broker or a broker. State requirements vary, but in all states you must take a minimum number of classes and pass a test to earn your license.
- REALTOR®:A real estate agent who is a member of the National Association of REALTORS®, which means that he or she must uphold the standards of the association and its code of ethics.
Real estate broker: A person who has taken education beyond the agent level as required by state laws and has passed a broker’s license exam. Brokers can work alone or they can hire agents to work for them.
- Real estate broker: A person who has taken education beyond the agent level as required by state laws and has passed a broker’s license exam. Brokers can work alone or they can hire agents to work for them.
- Real estate salesperson: Another name for a real estate agent.
- Real estate associate broker: Someone who has taken additional education classes and earned a broker’s license but chooses to work under the management of a broker.