Why Use a Realtor?
Not every real estate agent or broker is a REALTOR®. That term and the familiar Block "R" logo are trademarked by the National Association of REALTORS® and can only be used by those who are REALTOR® members through their local association of REALTORS®.
While all REALTORS® are state-issued licensees as agents or brokers, the major difference between a "real estate Licensee" and a REALTOR® is that REALTORS® have taken an oath to subscribe to a stringent, enforceable Code of Ethics with Standards of Practice that promote the fair, ethical and honest treatment of all parties in a transaction. Non-member licensees have taken no such oath and are not morally bound to the ethical practices and principles set for in the REALTOR® Code.
For that extra measure of peace of mind, ensure the individual seeing to represent you is both a real estate licensee and a REALTOR®.
The Critical Role of the REALTOR® in the Real Estate Transaction
Listed here are nearly 200 typical actions, research steps, procedures, processes and review stages in a successful residential real estate transaction that are normally provided by full service real estate brokerages in return for their sales commission. Depending on the transaction, some may take minutes, hours, or even days to complete, while some may not be needed.
More importantly, they reflect the level of skill, knowledge and attention to detail required in today's real estate transaction, underscoring the importance of having help and guidance from someone who fully understands the process - a REALTOR®.
And never forget that REALTORS® are pledged to uphold the stringent, enforceable tenets of the REALTOR® Code of Ethics in their professional dealings with the public. Not every real estate licensee hold REALTOR® membership. Make sure yours does!
- Pre-listing Activities
- Listing Appointment Presentation
- Once Property is Under Listing Agreement
- Entering Property in Multiple Listing Service Database
- Marketing the Listing
- The Offer and Contract
- Tracking the Loan Process
- Home Inspection
- The Appraisal
- Closing Preparations and Duties
- Follow Up after Closing
©Orlando Regional Realtor Association
