How to Become a REALTOR®
Though the terms are often used interchangeably, a REALTOR® is a real estate agent (or property manager, appraiser or other real estate professional), but a real estate agent is not necessarily a REALTOR®. “REALTOR®” is a professional designation from the National Association of REALTORS® (NAR), the largest real estate association with over 1 million members. A REALTOR® belongs to a local association, is licensed in his or her state and adheres to the NAR Code of Ethics. Membership in a local association automatically extends to state and national associations.
What is the National Association of REALTORS®?The largest trade association in the U.S., the National Association of REALTORS® represents residential and commercial real estate professionals. There are 54 state and territory associations and 1,200 local boards/associations. NAR provides resources for real estate research, education and professional development, promoting a number of conferences, trade expos, community programs and leadership initiatives.
Why Should You Join NAR?There is great deal of prestige that comes with being a REALTOR®. Using the “REALTOR®” name in your advertising signals to customers and potential clients that you are an ethical, qualified professional who can be trusted to manage transactions involving a variety of factors and properties and hundreds of thousands of dollars. NAR offers its members tons of benefits, tools, data and resources that may not be available to non-members. For example, they have a benefits program with discounts and special offers on things like insurance, technology, travel and education. Other REALTOR® perks include:
- NAR’s real estate library is the largest in the world and includes digital books, audiobooks, videos, journals, and books.
- Online marketing tools to post your listings and build your brand.
- Property database with info on every property in the country will help you gather data to determine listing prices and buyer offers.
- Research resources collect data, conduct analysis and publish reports, presentations, and blogs about the housing market.