ost people use these
terms interchangeably. This Code of Ethics is an attempt
However, there are quite a to ensure that the conduct of the
few differences between these affiliated real estate agent
terms and these differences could (Realtor) is ethical and morally
influence your chances for buying better than the non-affiliated
a home or when you are planning real estate agent.
for a mortgage home loan.
How Does Such A Difference
Who Is a Real Estate Help You?
Agent? Many people would prefer a
A real estate agent is a licensed Realtor to a real estate agent
professional who helps a person keeping in mind that the former
find a house to buy. They gather has a strict code of conduct and
this information through as a result, is expected to be
individual enquiries or any other more inclined to cut a better
means. A real estate agent can deal than a regular real estate
work independently or under a agent who is not bound by such a
real estate broker. code. This could possibly mean
better terms for you when
Who Is A Realtor? applying for a mortgage home
When the real estate agent is loan, better deals for when
also a member of the National buying a home and lastly and most
Association of Realtors, then importantly an overseeing entity
that real estate agent is also that controls the basics of such
known as Realtor. The Realtors deals.
pledge themselves to follow a
certain Code of Ethics which In case you find that the Realtor
protects the interests of their has not behaved in an ethical
clients. manner, you could always send a
complaint to the National as there are Realtors. Whether
Association of Realtors. The fact you should choose a real estate
that you have a fall-back plan in agent or a Realtor when buying a
case something goes wrong is a home would depend on what types
great advantage. of professionals are available in
the region where you are buying.
Which Should You Choose? You would need to ask for
This is not saying that Realtors references and check out the
are better than real estate background of the prospective
agents. Rather that the Realtors Realtors or real estate agents
are held to a higher standard before you can use their
than a real estate agent. services.
However, to be fair, there are
many excellent real estate agents
About the Author:
Looking for Littleton real estate? Visit Automated Homefinder to instantly search over 50,000 homes for sale, view pictures, virtual tours, and more.
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Otto Holmes
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