When navigating the world of real estate, you may encounter various titles like “real estate agent,” “broker,” and “REALTOR®.” While they all play important roles in buying and selling homes, there are key differences between them. Let’s clarify who does what.
Real Estate Agent
A real estate agent is a licensed professional who assists clients with buying or selling homes. Agents are typically employed by a real estate brokerage and work on behalf of their clients to negotiate deals, schedule showings, and facilitate the transaction process. To become an agent, one must complete coursework and pass a state exam to earn their license.
Broker
A real estate broker has more advanced training and a higher level of licensure than a real estate agent. Brokers can work independently, run their own brokerage, or supervise agents within a brokerage. To become a broker, one typically needs additional education and experience in the field. Brokers have the ability to hire agents and manage their activities, making them leaders in the real estate industry.
REALTOR®
A REALTOR® is a real estate agent or broker who is a member of the National Association of REALTORS® (NAR). To earn this title, an agent must adhere to NAR’s strict code of ethics and standards of practice. While all REALTORS® are licensed agents or brokers, not all agents or brokers are REALTORS®. The title signifies a higher level of professionalism and commitment to ethical standards.
Contact me now at Delaney@TheHighlandCompanyRE.com—I am a REALTOR® in the Columbia, SC area and can help guide you through the complexities of buying or selling a home!
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