Broker, Realtor, or Agent?
Broker? Realtor? Agent? Did you even realize there's a difference? If you're new to the real estate market, this may be a little confusing. You may think these titles are interchangeable but there are a few very important differences including roles and requirements for using each title.
Real Estate Agent: Anyone who earns a real estate license can call themselves a real estate agent. The requirements for earning a real estate license vary by state but all states require a minimum number of classes or hours and must pass a licensing exam.
Realtor: You can only earn the title REALTOR by becoming a member of the National Association of REALTORS. As a member of the National Association of REALTORS, you agree to uphold the association's code of ethics.
Broker: To use the title "broker," you must take additional classes and pass a broker's licensing exam. You must have experience as a real estate agent to become a broker Unlike real estate agents, brokers have the option to work alone or they can hire agents to work for them.
In the state of North Carolina, all real estate professionals must hold a broker license to buy or sell real estate. Feel confident in your choice of working with Greta Frye & Associates. No matter if you're buying or selling a home, our brokers invested additional time and experience to make sure they are a top notch real estate professionals and are all REALTORS!