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Choosing The Right Realtor
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When you're looking for help buying or selling property, it's
important to remember that the terms "real estate agent" and
"Realtor" are not synonymous. Realtors can provide an extra
level of service. A Realtor must be a member of the National
Association of Realtors. The equivalent organization in Canada is the
Canadian Real Estate Association. Both are non-profit trade
organizations that promote real estate information, education and
professional standards.
The National Association of Realtors also has earned a strong
reputation for 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 monitoring keeps Realtors directly accountable to the
individual consumers they serve. Real estate licensees who are not
Realtors work solely under state/provincial licensing regulations.
RE/MAX Realtors
RE/MAX real estate agents are required to be Realtors as a condition of
membership in the RE/MAX organization. As a percentage of membership,
RE/MAX agents hold more Realtor professional designations compared to
any other national or international company.
The various designations are a symbol of achieving and maintaining
advanced levels of education in real estate sales and marketing. Look
for the Realtor or "R" logo when shopping for real estate
assistance, for assurance of ethical standards and commitment to the
community.
Link a RE/MAX agent to that "R" for additional assurance of
experience, productivity and advanced education.
Definitions
Realtor
A Realtor (or REALTOR) is a licensed real estate agent who is a member
of the National Association of Realtors (NAR) a membership organization
of some 720,000 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.
Broker
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. About 40 percent of RE/MAX Associates have
earned their broker's license.
Copyright 1998 RE/MAX International, Inc. 06/01/98
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