What is the difference between a real estate agent and realtor?
347897
A Realtor is a person who subscribes to the rules and regs of the National Association of Realtors, and pays dues.\n\nAll Realtors are agents, but all agents are not Realtors.
1167612
A real estate license allows you to act as an agent (middleman) in real estate transactions.  You would need one per state that you were activly doing transactions in.\n\nI agree...he most likely doesn't have one.
240564
Realtors can make any where from $1,000.00 per year to over a million. It depends on how ambitious they are. It also depends on what state you live in too.\n\nIt has got to be one of the most up and down occupations one could have. The brokers are the ones that make the most money.
1044898
I was a Realtor for a while.  In order to become a Realtor, you have to take and pass a state test and a national test covering the basics of real estate laws and terminology.  There are many classes for this, offered through Realtor associations and independently.  You will need a broker to back you, so one way to do it is to go to a local brokerage, tell them you're interested in becoming a Realtor, and get information from them about local classes.  \n\nIn the classes, you'll learn what you need to know to pass the test, as well as where to take the test and what to expect.  There are a number of fees involved and you'll need to pay the brokerage for office space, phone services, etc.  So have a several hundred dollars at the ready.  It's going to take a while to get started, clients will not just fall into your lap.  Be sure you have someone else to lean on that first year.  I know someone who made $40K her first year, but that's unrealistic for most starting Realtors.  Get ready to make around $20k the first year after putting in twice the hours you would for any other job.\n\nOnce you become established, it can be a great career and there's plenty of money in it.  It can be fun, and it's fulfilling to help people find the home of their dreams.  And that happens.  Age is not a concern, as long as you are knowledgeable and personable.  That said, older Realtors probably don't have to work as hard to gain a client's trust and respect, as they may seem to have more years of experience even if they don't.\n\nThe key is dedication and long hours combined with a great personality... you're really selling yourself more than you're selling property, as people need to place their faith in you.  I didn't have the passion or the drive, so I switched careers.  But if you really want it, it can be a fantastic career and I have several friends doing quite well for themselves in the industry.  Good luck!  :)
878448
Depends. If you are selling, the benefits are obvious; exposure, advertising, etc. If you are buying, it depends on how much you know about certain things; for example, a realtor is responsible to let you know about certain things that an independent seller may 'overlook'; a leaky toilet a rotted foundation, etc. And fighting someone after you've bought the house may be tough. The person may claim they didn't know anything about the home's faults when they sold it to you. A realtor is less likely to take that chance for fear of lawsuits.
335327
I would suggest contacting a business broker rather than a real estate agent. Commercial real estate agents are usually more concerned with selling properties whereas a business broker specializes in selling businesses, many of which are located in a leased location.
233088
There are agents and brokers, to become a broker you have to be an agent first. So a broker can be an agent but an agent cannot be a broker.
466875
Some agencies will reimburse you for your class if you sign up with that agency.  It depends on your state and the demand for real estate agents.
498916
I recently bought a home in another state.  I had online communication with almost a dozen Realtors.  I found that I preferred a Realtor that was willing to show me listings other than theirs, general good attitude, not telling me that what I was looking for wasn't out there but persistence in finding what I was looking for made the difference.
777794
If you are a Realtor, check with your broker. If not, it depends on what kind of regulations your state and local governments have regarding your question.
340545
find a real estate agent in the area you want. The internet should be able to show you someone.
9721
That depends on their contract with the broker. Each office is different. Talk to many office brokers and ask to see their contract. While you are at the office, note how busy they are. Be sure to ask what your commission split will be when you start and at what level does it change. Also many offices now offer a salary + commission program. This might be best to start out. Most real estate agents work for less than $15 / hr.. You have to build your business to increase your income.
520550
First of all you have to have to be a licensed real estate salesperson in your state. Then when you hang your license with your broker they will tell you if and which Board of Realtors® to join. You will be charged annual dues and be required to take Code of Ethics classes.
369787
Below is a link to a career page about Real Estate agents and brokers.  After reading this general information, you'll want to visit the CA Board of Realtors website at http://www.car.org/ for more information about local Real Estate schools and what is required for licensure.  Good luck!
660497
Realtors, unfortunately, are not paid salaries - they work entirely on comission. There really isn't an average - it depends how hard you are willing to work, realizing you may not get paid for any of it. \n\nIn my area the average comission to a Realtor is between 2 and 2.5% of the sales price. So lets say you sell a $350,000 house, at 2.5% comission, you would bring in $8750. When you are new you will probably be on a %50/%50 split with your broker, which brings your comission to $4375. You still haven't paid taxes on this money, self-employment taxes are a killer, so once you withold the appropriate amount for taxes, your $8750 turns into about $2800. Keep in mind this whole time you're paying desk rent, association dues, etc.\n\nSo if you were to sell 10 houses a year under this hypothetical scenerio, you would only be making about $28000 a year. Granted there are agents who make much, much more, but they are in the minority. Most agents sell only a couple homes a year and end up spending more than they make on developing their business. If you can eek by and stay in the business, you'll see that once people know you and start referring you to friends and family, thats when your business picks up, so in theory, the longer you stay in the business, the more income you will make.\n\nMany people get into the business hoping to get rich quick. Real Estate can be very rewarding, but you really have to love it - would you go to a job everyday that you didn't get paid for if you didn't love it?\n\nGood luck!
667973
Both of them are OK to do commercial deals.  With a sales persons license you work for a broker, which means you keep a % fo the commission.  As a Broker you keep it all.  Since you have a college degree you can just apply for the brokers exam.  Only if its a 4 year degree.  If its a 2 year degree then you will need to be a full time agent for 1 year before you can take the brokers exam.  If you have a 4 year degree then just skip being an agent and go for the brokers license.  You then will just need to incorporate, and can start doing commercial real estate deals.  Hope it helped you.\n\nP.S. If you don't have any real estate experience then you should go and work with another broker until you feel good about your skills.
158172
The qualifications for a real estate license differ by state.  Here is a typical scenario:  you take a 60-hour course (online or through a real estate school, often run by brokerages) and take the test from your state department of licensing.  Some states require a high school diploma.\n\nA real estate agent and a REALTOR(r) are not technically the same.  A REALTOR(r) has paid dues to the National Association of REALTORS to be a member of their trade organization.  Most people use the term generically, but this drives NAR's attorneys crazy because they are afraid they will lose their trademark.