If you have ever dealt with the real estate market, you might have heard the terms real estate agents and realtors and you might have thought that they are one and the same thing but we are here today to tell you that they are not. Even though both have the same job, field and licenses, realtors and real estate agents belong to two different groups and many people often consider one of the group better than the other.
The group that is often considered to be better is the group of realtors and herein lies the difference between a realtor and a real estate agent. A realtor is not only bound by his license but he/she is also bound by something called the Code of Ethics of realtors. It might be unbelievable to some that realtors must abide by some code but it is true and it is set by the National Association of Realtors under whom all realtors work.
If you ever hire a realtor Florence SC, he/she will tell you that he/she is bound by the Code of Ethics by the NAR of his area. The Code of Ethics make the realtors different from the real estate agent so we shall be shedding light on that.
You might not believe it but realtors are bound to be honest to their clients because it is in the code and they have to adhere to the code if they wish to keep their jobs. Real estate agents are not bound to be honest so they can manipulate the clients as much as they want.
Interest of Clients
Another thing is that realtors must work for the benefit of the clients first then he/she can work for his/her own benefit second.