All REALTORS® are real estate agents, but not all real estate agents are REALTORS®. What’s the difference?
Those who receive basic real estate training and a license from the state of Texas to sell real estate may call themselves real estate agents. However, only members of the National Association of REALTORS® (NAR) may call themselves REALTORS®.
To be a member of NAR, REALTORS® must abide by a strict Code of Ethics. This document provides rules, regulations and boundaries that bind a REALTOR® to his or her duties to the consumer and mandates that all parties be treated fairly. The REALTOR® Code of Ethics includes:
- Loyalty to clients;
- Fiduciary (legal) duty to clients;
- Cooperation with competitors;
- Truthfulness in statements and advertising; and
- Non-interference in exclusive relationships that other REALTORS® have with their clients.
Another distinct feature about REALTORS® is that they must complete mandatory ethics training and continuing education requirements. Many REALTORS® enhance this training by earning designations in specialized fields, which allows them to better meet your specific needs.
For example, REALTORS® can specialize in serving buyers, serving sellers, serving those over the age of 55, serving those interested in green real estate and more!
Remember: Working with a REALTOR® can save you time, trouble and money when it comes to buying, selling or leasing Austin real estate. Learn more about REALTORS® or find a REALTOR® on AustinHomeSearch.com today.