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While many people use the terms “real estate agent” and “Realtor®” interchangeably, there are some important differences you should be aware of before you set out to sell or buy a home. A real estate agent is a licensed professional trained to help people navigate the complexities of the real estate market, but only those who are members of the National Association of Realtors have the right to the associated title. As members of the industry’s leading professional organization, Realtors are held to a higher ethical standard, offering buyers and sellers greater peace of mind.

The Code of Ethics

realtorEvery licensed agent or broker is required to follow all laws and regulations governing real estate sales, but only National Association of Realtors members are required to follow the Realtor Code of Ethics, a document designed to establish best practices in the industry. This ethical code requires Realtors to put the interests of their clients ahead of their own and deal honestly with all parties. If a member violates these terms, they may be disciplined by their local NAR chapter, which will attempt to arbitrate a satisfactory resolution for any conflicts.

What Is the National Association of Realtors?

As the largest trade association in the United States, the NAR boasts over one million members who strive to shape the real estate industry. The Code of Ethics, first adopted in 1913, was intended to hold members to a higher standard than those imposed by licensing boards and state law.

 

Whether you’re looking for your dream home or putting your house on the market, trust Cheri Long of Priority Properties, Inc., and her team of experienced Realtors with an in-depth understanding of the Denver Metro Area. With their expertise and local market knowledge, you can rely on these professionals to make the real estate process as easy and stress-free as possible. Visit their website to start browsing listings today, follow their Facebook for more real estate advice, or call (720) 505-3893 to speak to an expert today.

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