A real estate agent and a Realtor® are not the same thing. Both may be experienced in the industry, but a Realtor® is a member of the National Association of REALTORS® and follows a specific code of ethics. Anyone who passes their state’s real estate licensing exam can become an agent. They may also be referred to as a licensee or real estate salesperson. There are no cost differences between hiring an agent and a Realtor®.

Although there are some costs (you will pay a commission) associated with enlisting an agent or Realtor®, there are also substantial benefits. For instance, not only does a Realtor® have access to thousands of potential buyers that a homeowner may not be aware of, they also have the knowledge to make sure that you are protected both financially and legally. Additionally, there is some element of risk involved in selling your home, besides the obvious economic risk. Realtors® know important legal disclosure requirements. Agents are well aware of the fact that you are allowing complete strangers into your home, and therefore know what precautions you should take to protect both your family and your possessions.  One of the most important advantages of listing with a Realtor® is their access to the Multiple Listing Service (MLS). This is a proprietary database of almost all the local property listings. The MLS was designed by Realtors ® to share listing information with other Realtor® members. The MLS provides the greatest exposure for your property listing, which increases your chances of a quicker sale at a better price.