Whether you are interested in advancing in your career, making more money, or fulfilling your lifelong dream, becoming a real estate professional and earning the mark of REALTOR® is a great choice. A REALTOR® stands out in the real estate industry by having a higher code of ethics and standard of conduct and benefits from expanding their sphere of influence and network. Show
What's the Difference Between a Real Estate Agent and a REALTOR®?Oftentimes, the terms 'real estate agent' and 'REALTOR®' are used interchangeably, however, they are not the same thing as there are a few differences between the two. REALTOR®A REALTOR® is a federally registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its code of ethics. Remember, all REALTORS® are real estate agents, however, not all real estate agents are REALTORS®. Steps to Become a REALTOR®Steps to Become a REALTOR® Eligibility RequirementsWhat are the requirements to become a REALTOR®?
Real Estate AgentA real estate agent is anyone who has passed the real estate exam and has received a state-issued real estate license. After receiving a license, real estate agents are legally allowed to work with buyers and sellers in the transaction of commercial and/or residential real estate or real property. To become a real estate agent, you must get a real estate license. First, you will need to complete a minimum number of courses from a state-approved real estate school and pass the real estate exam, which covers local, state, and national laws, contracts, and standards of practice. Next, you will need to submit fingerprints and a background check. Finally, you will need to pay a licensing fee to your state's real estate commission. Rember, each state has different educational requirements and fees associated with licensing. Always check with your state's real estate commission if you are uncertain about the requirements or fees associated with receiving your license. What Are the Benefits of Becoming a REALTOR®?While becoming a REALTOR® is not required for you to have a successful career in real estate, there are many advantages that will help you stand out in your industry. NetworkingBecoming a member of the NAR provides you with a unique title and gravitas that many other agents do not possess. Additionally, you will be able to develop a lasting relationship with other agents, which can expand your sphere of influence and network and help you grow your business. Real Estate Designations and CertificationsAs a REALTOR®, you will have the ability to take additional classes that will allow you to receive highly sought-after real estate designations. These designations can help you become an expert in your niche and allow you to grow your business and increase your earnings and income potential. A list of some of the most popular certifications is as follows.
Get more information and full view a list of Real Estate Designations and Certifications. Written and Published by: VanEd |