When you’re buying a house in Grand Junction, you’ll start to become familiar with all kinds of real estate terminology.
But what is the difference between a real estate broker and a Realtor®?
The Differences Between a Real Estate Broker and a Realtor
There are many types of real estate agents, including buyer’s agents, seller’s agents, and dual agents… but let’s not get ahead of ourselves.
What is a Real Estate Broker?
A real estate broker can work independently or hire real estate salespersons (Realtors and real estate agents). Brokers have to take a special licensing exam and they need to know ins and outs of the real estate business that Realtors aren’t required to know (although many Realtors know just as much as brokers do).
What is a Realtor?
A Realtor is a real estate broker or a real estate agent that belongs to the National Association of Realtors®, which is commonly called NAR.
A Realtor is held to a strict code of ethics, including those pertaining to client confidentiality and always, always, ALWAYS putting the client’s needs first.
What is a Real Estate Agent?
A real estate agent is someone who’s licensed to practice real estate in the state, but they’re not members of the National Association of Realtors. Real estate agents are also held to extremely high standards.
What is a Seller’s Agent?
A seller’s agent is a real estate agent or Realtor who works for a seller. This type of agent must always put his or her client’s needs first, remain loyal to the client, and ensure that he works only on the seller’s behalf.
What is a Buyer’s Agent?
A buyer’s agent is a real estate agent or Realtor who works for a buyer. This type of agent must always put his or her client’s needs first, remain loyal to the client, and ensure that he only works on the buyer’s behalf.
Are You Buying a Home in Grand Junction?
Call us at 970-765-4135 or get in touch with us online to tell us what you want from your next house. We’ll help you find it.
You can also use these links to search for Grand Junction homes for sale by price:
- Grand Junction Homes for Sale Under 100k
- Grand Junction Colorado Homes for Sale 100k 200k
- Grand Junction CO Real Estate 200k – 300k
- Homes for Sale Grand Junction ST 300k – 400k
- Grand Junction Real Estate Listings 400k-500k
- Grand Junction Colorado Homes for Sale 500k-600k
- Grand Junction CO Real Estate 600k-700k
- Homes for Sale Grand Junction ST 700k-800k
- Grand Junction Homes for Sale 800k-900k
- Grand Junction Colorado Homes for Sale 900k-1 Million
- Grand Junction CO Real Estate Listings Over 1 Million