A realtor is a member of the National Association of Realtors (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR’s code of ethics, which requires agents to uphold specific duties to clients and customers, the public, and other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.


The course will teach you real estate principles (terms like "lien," "escrow," and "encumbrance"), real estate practices (like how to determine a property's value), and the legal aspects of the business. Go to your state real estate commission's website to find information on licensing requirements and a list of accredited pre-licensing institutions.
A realtor is a member of the National Association of Realtors (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR’s code of ethics, which requires agents to uphold specific duties to clients and customers, the public, and other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.
Brokers typically own a firm or a franchise. They can be solo practitioners, but they must attain another higher-level license if they want to hire agents or other brokers to work under them. As mentioned earlier, a real estate agent usually cannot work alone but instead must operate through a real estate broker; the exception is in states such as Colorado and New Mexico, which mandate that every real estate professional be licensed as a broker.  Usually, though, agents work for brokers and split commissions with them.
There are variety of ways you can choose to complete your real estate prelicensing education requirements, from live classroom locations at local real estate schools, some realty firms, universities and technical schools offer real estate licensing programs, home-study, and online real estate education. This is an important decision in your journey. Make sure you enroll with a school that has a good reputation, offers quality content and instructors, and is focused on positive student outcomes. Your real estate licensing education will be difficult and comprehensive, but it will also be the springboard to a successful career as a real estate professional.

Even if it's not your first rodeo; the real estate market is constantly changing, so don't underestimate the benefits of dealing with a real estate broker or agent who knows the area. Wouldn't you like to know what the real estate trends are to take advantage of, or the new housing market legislation that might affect the price and conditions of the house in the long run? What about the current market for rentals or even commercial real estate? There's no one better to advise you on that than the agents listed on The OFFICIAL Real Estate Agent Directory®.
A real estate broker is a step up the professional food chain. Brokers have additional training and education that have qualified them to pass a higher licensing exam; most states also require them to have a certain amount of recent experience as an active real estate agent. Brokers handle the technical aspects of the real estate transaction. A client signs a contract with a brokerage, not the individual agent. In many states brokers' additional certification authorizes them to handle other legal and financial aspects of a deal, such as handling the earnest money deposit and establishing the escrow account.

Even if it's not your first rodeo; the real estate market is constantly changing, so don't underestimate the benefits of dealing with a real estate broker or agent who knows the area. Wouldn't you like to know what the real estate trends are to take advantage of, or the new housing market legislation that might affect the price and conditions of the house in the long run? What about the current market for rentals or even commercial real estate? There's no one better to advise you on that than the agents listed on The OFFICIAL Real Estate Agent Directory®.
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