Realtor Real Estate Agent – You Must Know 2025!
A Realtor is a real estate agent who follows extra rules from a group called NAR. Both Realtors and agents help you buy, sell, or rent homes. Realtors give you extra help and advice to make the process easier.
Stay connected with us. We will keep sharing helpful tips and facts about Realtor real estate agent to guide you better in your property journey.
What Is The Full Meaning Of Realtor?
A REALTOR is a person who helps people to buy sell or rent land homes or buildings. The full meaning of REALTOR is Real Estate Agent Licensed To Offer Realty. This word is only used by people who are members of the National Association of Realtors. It is not the same as a real estate agent. Only trained and approved members can call themselves REALTORS.
What Is The Role Of A Real Estate Agent?
The role of a real estate agent is to guide people in buying selling or renting property. The agent helps in setting the right price and finding the right place. The agent takes care of all legal steps and documents. The agent also talks and makes deals with other parties. The agent works to protect the client and make the process simple.
What are the advantages of hiring a Realtor?
Hiring a Realtor offers many benefits for people who want to buy, sell, or rent property. A Realtor helps make the whole process easier, safer, and less stressful. They have experience and knowledge to guide you and make sure everything is done correctly.
1. Expert Knowledge:
A Realtor knows the real estate market very well. They understand prices, trends, and the best times to buy or sell. This helps you make smart choices and avoid losing money.
2. Correct Pricing:
A Realtor helps set the right price for your property. They know the local market and can make sure you do not overpay or underprice your home.
3. Strong Network:
Realtors have a big network of people they work with. This includes other agents, buyers, sellers, inspectors, and mortgage brokers. They can connect you with the right people to make the process faster and easier.
4. Paperwork Help:
Buying or selling property involves lots of paperwork. A Realtor helps fill out all the forms and makes sure everything is done correctly. This saves you time and reduces mistakes.
5. Skilled Negotiation:
A Realtor is a good negotiator. They can get you a better price when buying or selling. They handle all the tough talks and make sure you get the best deal.
6. Trust and Safety:
Realtors are licensed professionals who follow strict rules. They must always act in your best interest, which means they will keep you safe and protect you from scams or bad deals.
7. Time Saving:
Buying or selling a property takes a lot of time and effort. A Realtor handles most of the work for you. They schedule showings, talk to other people, and deal with the details, so you do not have to.
8. Less Stress:
Real estate deals can be stressful. A Realtor makes things easier by guiding you through each step. They answer questions and solve problems for you, which reduces your stress.
9. Market Insights:
Realtors know the local area and market well. They can tell you which areas are growing, where to find good deals, and which places will be better to invest in.
10. Access to Exclusive Listings:
Realtors often know about homes that are not yet listed online. This gives you a chance to see properties before other buyers do. It increases your chances of finding the right home.
11. Professional Advice:
A Realtor gives you helpful advice based on your needs. They guide you through the process from start to finish, helping you make the right decisions.
How Can Someone Become A Realtor?
Becoming a Realtor is a step-by-step process. Here is how someone can become a Realtor:
- Take Real Estate Courses: First, you need to take courses to learn about real estate. These courses teach you the rules and how things work in real estate.
- Pass the Real Estate Exam: After the courses, you have to pass an exam. The exam tests your knowledge of real estate laws and practices.
- Get a License: Once you pass the exam, you apply for a license. This license lets you legally work as a real estate agent in your state.
- Work with a Broker: To become a Realtor, you must work with a real estate broker. The broker will guide you and make sure you follow all the rules.
- Join the National Association of Realtors (NAR): After getting your license, you need to join NAR. Only people who are part of NAR can call themselves Realtors.
- Keep Learning: Realtors have to keep learning new things. You will need to take classes to stay updated on real estate laws and changes.
- Follow the Rules: Realtors must follow a code of ethics. This means they must always be honest and fair with their clients.
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What Is The Difference Between Realtor Vs Real Estate Agent?
| Aspect | Realtor | Real Estate Agent |
| License | Licensed by the state | Licensed by the state |
| Membership | Must join the National Association of Realtors (NAR) | Does not need to join NAR |
| Title | Can use the title “Realtor” | Cannot use the title “Realtor” |
| Duties | Helps buy, sell, and rent properties, and negotiates deals | Helps buy, sell, and rent properties |
| Code of Ethics | Follows NAR’s code of ethics | Follows state laws but not NAR’s ethics |
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Who Are Some Of The Most Popular Real Estate Agents?
Certainly! Here are some of the most popular and successful real estate agents in the United States as of 2025:
- Ben Caballero: Holding the record for the highest annual sales volume in U.S. history, Ben Caballero is renowned for his exceptional performance in the Texas real estate market.
- Jordan Cohen: A top agent with RE/MAX One in California, Jordan Cohen is recognized for his impressive sales and extensive experience in the luxury real estate sector.
- Jade Mills: Based in Beverly Hills, Jade Mills is a leading luxury real estate agent with over $9 billion in career sales, representing high-profile clients in the entertainment industry.
- Fredrik Eklund & John Gomes: This dynamic duo, featured on “Million Dollar Listing: New York,” leads a team that achieved $3.77 billion in sales in 2023, specializing in luxury properties across the U.S.
- Serena Boardman: Recognized as the #1 real estate agent in Manhattan, Serena Boardman specializes in high-end condos and townhouses, with a history of record-breaking sales.
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How Do Residential And Commercial Real Estate Agents Differ?
| Aspect | Residential Real Estate Agent | Commercial Real Estate Agent |
| Property Type | Deals with homes and small buildings | Deals with office spaces, stores, and large buildings |
| Client Type | Works with people and families | Works with businesses and investors |
| Market Knowledge | Knows about neighborhoods and family needs | Knows about investment opportunities and business needs |
| License Requirements | Needs a basic real estate license | Needs a real estate license and extra certifications |
| Transaction Size | Works with smaller property deals | Handles bigger property deals worth more money |
| Commission | Earns 2-3% of the sale price | Earns 1-5% of the sale or lease price |
What Are The Typical Costs Involved In Hiring Realtors And Real Estate Agents?
Hiring a Realtor or real estate agent involves various costs, primarily commissions, but additional expenses may apply depending on the services rendered.
- Commission Fees: Traditionally, agents charge around 5% to 6% of the home’s sale price, split between the buyer’s and seller’s agents. For instance, on a $300,000 home, this equates to $15,000 to $18,000 in total fees.
- Negotiability: Recent legal changes have made commission fees more negotiable. Buyers and sellers can now discuss and agree upon agent fees upfront, potentially leading to cost savings.
- Additional Costs: Beyond commissions, there may be other expenses such as marketing fees, home staging, inspections, and closing costs, which can vary depending on the property’s specifics and market conditions .
How Is Technology Transforming The Real Estate Industry?
Technology is changing the real estate industry by making it easier to buy, sell, and manage properties. Virtual tours and 3D listings allow buyers to explore homes remotely. AI helps agents find the best properties for clients, while digital platforms make transactions faster and more secure. These advancements make the process more efficient and accessible for everyone.
What Is The Difference Between Real Estate Agent Vs Broker Vs Realtor?
| Role | Broker | Agent | Realtor |
| License | Has a higher-level license. | Works under a broker. | Is an agent who is a member of the NAR. |
| Job | Manages agents and real estate offices. | Helps people buy, sell, or rent homes. | Follows higher rules and ethics. |
| Training | Needs more training and exams. | Needs basic training and exams. | Is an agent who follows NAR rules. |
FAQ’s:
1. Is it Better to Use a Real Estate Broker or Real Estate Agent?
It depends on your needs. A broker has more experience and training, but an agent can still help you buy or sell a home.
2. Can You Use a Real Estate Broker to Rent a Property?
Yes, a real estate broker can help you rent a property, just like an agent. They can assist with finding and negotiating rental agreements.
3. Can You Sell a Home by Yourself?
Yes, you can sell a home by yourself, but a real estate agent or broker can help you get the best price and handle the paperwork.
4. Is it Better to Say REALTOR or Real Estate Agent?
It’s better to say REALTOR if the agent is a member of the National Association of Realtors. “Agent” refers to anyone working in real estate.
5. Can a REALTOR be a Real Estate Agent?
Yes, a REALTOR is a type of real estate agent who is a member of the National Association of Realtors.
6. Is a Real Estate Sales Agent the Same as a Real Estate Agent?
Yes, a real estate sales agent and a real estate agent are the same; they both help clients buy, sell, or rent properties.
7. Are all real estate agents Realtors?
No, not all real estate agents are Realtors. Only those who join the National Association of Realtors can use the title “Realtor.”
8. Do Realtors make more than real estate agents?
Sometimes yes. Realtors may earn more because they often have more training and access to better deals through their network.
9. Is a Realtor a real estate agent?
Yes, a Realtor is a real estate agent who is a member of the National Association of Realtors and follows special rules.
Conclusion:
whether you are buying, selling, or renting, understanding the difference between brokers, agents, and REALTORS can help you make the best choice. While brokers have more experience, agents and REALTORS can still provide expert help to guide you through the process smoothly. Always choose the right professional for your needs.
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