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Most people tend to use the terms realtor and real estate agent interchangeably.  Unless you are shown otherwise, it can be extremely difficult for a person to be able to discern the differences between the two on their own, especially if they only observe them in the field, selling homes.

In laymen's terms, realtors are more experienced than regular real estate agents and have obtained a higher level of education than they have.  All realtors are certified through the National Association of Realtors, more commonly known in the business world as the NAR.  Realtors certified with the National Association of Realtors are held to a strict code of ethics, and are regarded as possessing a higher standard of business than their real estate agent counterparts who have been licensed through their particular state.

Realtors have been trained in a lot of different areas and they hold a vast array of certifications to serve your particular needs.  After examining your budget, your financial assets, your credit worthiness, and your income they are able to refer you to the proper bank or agency to grant you a loan, according to your particular needs.  For a client with a higher than average credit score, a realtor would be best qualified to refer his client to bank that would service their loan for the lowest rate.  That would serve that particular customer's needs very well.

Realtors are well versed on the demographics of each of the particular neighborhoods in their local area.  They have all of the latest up-to-date information either stored in their heads or readily available regarding the quality of and distance to the local schools, parks, and even churches, temples, and such.  They possess a wealth of information about their properties and their locations, so they are qualified to place people in properties that best suit their needs.

In addition to the continuing education course requirements that are legally mandated by the state in order for a real estate agent or realtor to maintain their license, to keep their realtors' license and stay a member of the National Association of Realtors all licensed realtors must take additional continuing education courses above and beyond that which is already required.  This is one of the reasons why licensed realtors are expected to maintain not only a higher level of work ethic, but also a strict code to maintain a level of honesty between all of the parties involved in the transaction, but they also possess also a greater wealth of knowledge and expertise of the real estate business.

Needless to say, it really is in a success driven and goal oriented real estate agent's best interest that they become licensed realtors with the NAR.  Most people prefer to utilize the services of a licensed realtor even if it is only because the title brings an unwarranted sense of security, projecting a prestige that brings business along with it.

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