Realtor vs Real Estate Agent: What Is the Actual Difference? Anthony Real estate At: Visionone Real Estate Investment Group

 Realtor vs Real Estate Agent: What Is the Actual Difference?

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Put simply, all Realtors are real estate agents, but not all real estate agents are Realtors. http://antonyrealestate.blogspot.com
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If you’re getting ready to purchase a home, one of the first things that you’ll likely do is search for a real estate agent. While you can purchase a home without one, almost 90 percent of home buyers purchase their home through a broker or real estate agent. Using an agent can make the home-buying process easier...
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When you start your search for a real estate agent, you’ll quickly notice that some have an additional word in their title.
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Many people use the names “Realtor” and “real estate agent” interchangeably. = http://realestateworldclass.blogspot.com
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But the reality is that the two terms are actually different. It’s important to understand the differences between the two and how they could impact your experience before you choose an agent to help you navigate the process of buying or selling a home.
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Before you hire a real estate agent or Realtor, you’ll need to understand the difference between the two. This distinction comes down to certifications. While both a real estate agent and a Realtor will provide similar services to home buyers and sellers...
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Put simply, all Realtors are real estate agents, but not all real estate agents are Realtors. So what does this mean for you as a home buyer or seller?
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Let’s take a deeper look at what each title means, and how it can impact your overall experience working with a real estate professional.
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When it's time to sell your home, you'll want to hire a professional. Here's what you need to know about a Realtor vs. a real estate agent...
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What Is A Real Estate Agent?
“Real estate agent” is the term for a professional who has obtained a real estate license, allowing them to assist in buying and selling properties.
With their license, a real estate agent can work with commercial properties, residential properties, or both. Some real estate agents opt to focus on specific areas of real estate. For instance, an agent might typically work as a listing agent, or they could even work to help find and place renters in cities where finding housing is a challenge.

However, with a real estate license, agents are legally certified to work in any kind of real estate.
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In order to earn a real estate license, individuals must pass a state examination in the state where they plan to work.
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These examinations vary by state, as do the licensing requirements. Depending on the state where they are located, real estate agents may have to complete anywhere from 30 to 90 hours of coursework.
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The exam will test not only their skills as real estate agents but also the local, state, and national laws surrounding real estate. Some states, like Florida and Texas, require agents to renew their license as often as every two years, while others, like Ohio, require it less frequently...
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The Process of Becoming a Real Estate Agent...
The process of becoming a real estate agent varies slightly by state but is relatively straightforward. Most states require you to be at least 18 to get a real estate license, and some require you to have at least a high school degree.
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The next step is to take the real estate license exam and meet the minimum score set by your state.
If you pass the exam, you may opt to work with a licensed real estate broker to gain experience before applying for your real estate license.
In some states, you’ll not only need to renew your license every few years but also be required to take continuing education courses to maintain your license and be eligible for renewal...
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What is a Realtor?
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While the term “Realtor” is often used interchangeably with "real estate agent," this is actually a common mistake. While all Realtors are real estate agents, not all real estate agents are Realtors. To earn this distinction, individuals must be active members of an organization called the National Association of Realtors, or NAR.
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To join this organization, real estate agents must hold both a valid real estate license and a perfect professional conduct record.
Once they’ve joined NAR, they have to follow a strict Code of Ethics. This is what helps ensure that Realtors are not only knowledgeable but also dedicated to supporting their clients and providing excellent care while working with them.
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For Realtors, joining NAR has a number of benefits. Because of this strict Code of Ethics, the organization has a good reputation among consumers.
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As a result, earning the Realtor designation could help an agent grow their career, meet new clients, and better serve their existing ones. Belonging to NAR also provides additional legal protections and benefits for Realtors.
For instance, NAR has bargaining power in state and federal governments, which could help a Realtor facing legal issues.
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What is the Code of Ethics?
The Code of Ethics that all members of NAR must follow is a set of guidelines that dictate how Realtors should operate.
The Code was adopted by NAR in 1913, and features 17 articles that cover a variety of areas of practice for real estate agents.
Some examples of the guidelines outlined in the articles include requiring Realtors to submit counter offers as quickly as possible and that they must not mislead clients on any potential savings or other benefits that they can provide for them.
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The Process of Becoming a Realtor...
While the requirements of being a Realtor are strict, the process of becoming one is simple.
After becoming a registered real estate agent, you can join the local chapter of NAR, and pay the required dues. Next, you'll need to take and pass an online course. This course mainly focused on the Code of Ethics.
To remain a Realtor, real estate agents must follow the guidelines outlined by NAR, and retake the online course every four years.
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How is a Real Estate Broker Different?
Real estate agent and Realtor are common terms that you'll hear as a first-time home buyer or seller. But another term that you might come across is real estate broker.
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A real estate broker offers the same services as a real estate agent. But they also have additional training and licensing requirements that allow them to work independently from an agency. It also allows them to hire other real estate agents to work for them.
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The additional training that brokers need to complete covers information that goes beyond what a real estate agent must learn. This includes information about construction processes, investments, property management requirements, and in-depth legal issues surrounding buying and selling homes.
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Before a real estate agent can take the exam to become a broker, they will need to practice as an agent for several years. Real estate brokers not only manage real estate firms and teams of agents, but also ensure that their operations are meeting all legal requirements. They usually review contracts for their firm as well.


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RURAL AREA Real Estate Rental Housing Crisis '
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This is a Rural Issue Much like urban communities.
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Rural communities also face critical housing issues like rental shortages, a lack of federal and private funding to build new units, and the impending loss of affordability restrictions.
Almost 3 out of every 4 rural homes is owner-occupied, leaving about 1 out of every 4 available for rent. While not necessarily a problem everywhere, in some communities those available rental units may be fully occupied, leaving no room for new renters
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In many rural places, it is hard to build more rental housing even when it’s needed. There is a national shortage of construction labor, linked to employment declines in this sector after the last recession.
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Builders are also facing material shortages and associated cost increases. Even if there weren’t shortages, much of this would need to be brought into rural communities from other places, driving up transportation costs. Land may also not be available
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Amid all the talk of a national housing crisis, rural communities are likely to go unmentioned. It’s often assumed that rural communities and small towns have lots of land and homes to spare—about 75 to 80 percent of land in the U.S. is rural, but only 15 to 20 percent of the population lives in rural areas.
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The Low-Income Housing Tax Credit (LIHTC) program is the only major federal program still available for rural communities that need more affordable rental housing. (The National Housing Trust Fund can also finance affordable rentals in rural communities
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Rural communities need to be empowered to think through their housing needs and to take action.
This includes re-envisioning what rural housing should look like and where it should be, and creating a menu of options to meet the needs of existing and future residents.
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Existing rural regional planning processes, such as Stronger Economic Together supported by USDA through Cooperative Extension Services, could incorporate a more explicit inventory of housing assets, needs, and solutions as part of the strategy for growing local economic development.
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More capacity is also needed to defend against displacement and preserve existing units, as well as to build new ones. If local plans and increased capacity could be brought together with real resources and commitments, rural rental housing might not face such risks in the future. https://www.facebook.com/visionairerealestate
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But rural communities are actually quite diverse. Some communities are growing, facing a supply squeeze and rising housing costs as new residents who can afford to spend more on housing move in.
Other communities are stable, but a small change—gaining or losing a business or industry, a few dozen housing units, or a health services facility—could send housing prices spiraling up or down.
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Federally Assisted Rental Housing is Critical
Given the low number of rental units available in rural communities, those subsidized through federal financing and operating support are a critical source of supply.

This includes rental units funded through congressional appropriations, capital advances, direct loans, loan guarantees, and tax credits—all of which allow property owners to charge cheaper rents—and varying types of rental assistance attached to particular units to help pay the rent for tenants who need extra help.
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Yet many affordable rental loan and capital finance programs only get maintenance and rental assistance funding for existing units and not new units (e.g., public housing, project-based Section đŸ˜Ž.

Other programs could build more units but haven’t received funding to do so for 10 or more years, including USDA Section 515
Rural Rental Housing direct loans and Section 521 rental assistance, and the U.S. Department of Housing and Urban Development’s Section 202 Housing for the Elderly, which provides a capital advance and rental assistance for age-restricted rentals.





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