Home Buying in San Diego>Question Details

Micha Michele, Home Buyer in San Diego, CA

What is a REALTOR?

Asked by Micha Michele, San Diego, CA Mon Apr 1, 2013

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The term "REALTOR®" is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics (which in many cases goes beyond state law). In most areas, it is the REALTOR® who shares information on the homes they are marketing, through a Multiple Listing Service (MLS). Working with a REALTOR® who belongs to an MLS will give you access to the greatest number of homes.

Royce Kemp
Premiere Properties
858-480-5570
2 votes Thank Flag Link Mon Apr 1, 2013
Hello MIcha~

I could not say it any better than Mr Kemp! There are many Real Estate Agents who get their license and may be part time agents or have their license for other reasons. You can expect a higher level of service and a strict code of ethics. We take an an Oath and pledge to uphold the code. Hopefully that helps!

Chris Gorno
REALTOR
DRE#01499885
http://www.ChrisGorno@gmail.com
1 vote Thank Flag Link Mon Apr 1, 2013
Hello Micha,

As taken directly from REALTOR.com, here it is said best,

"A real estate agent is a REALTOR® when he or she is a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate® -- the world's largest professional association.

The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.

Founded in 1908, NAR has grown from its original nucleus of 120 to today's 720,000 members. NAR is composed of residential and commercial REALTORS®, who are brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,700 local associations/boards and 54 state and territory associations of REALTORS®. They can join one of our many institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections.

REALTORS® are pledged to a strict Code of Ethics and Standards of Practice. Working for America's property owners, the National Association provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property. "

Having said the above, the biggest thing to take away from this is that REALTOR has to subscribe to a code of ethics.

Sincerely,

Chad Basinger, REALTOR®, CPA, CFP®
858-997-3704
chad@chadbasinger.com
Web Reference: http://www.chadbasinger.com
1 vote Thank Flag Link Mon Apr 1, 2013
A Realtor is a licensed agent who belongs to the national, state, and local association of Realtors. There is a code of ethics that we subscribe to which is 'over and above' what the state legally requires of us.
0 votes Thank Flag Link Tue Apr 2, 2013
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