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What is a REALTOR®?

Only real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® (NAR) can call themselves REALTORS®. All REALTORS® adhere to NAR's strict Code of Ethics, which is based on professionalism and protection of the public. That's why all real estate licensees are NOT the same.

Dedicated to serving America's property owners at both local and national levels, the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, is the largest professional association at over 1,000,000 members strong. So, whether you're buying or selling a home - it pays to work with a REALTOR®. Look for the REALTOR® logo when choosing your real estate agent.

 

What do recent home buyers and sellers say about REALTORS®?

The 2002 NAR Profile of Home Buyers and Sellers provides research results on the experiences home buyers and sellers had when purchasing or selling their home. The majority of the respondents used a REALTOR® (a member of the NATIONAL ASSOCIATION OF REALTORS®). Here's what they had to say:

Home Sellers

  • The median sales price of an agent-assisted home was 27% more than one sold FSBO (for sale by owner)
  • Nearly four out of five homeowners sold their previous home with the assistance of a real estate agent
  • The top three home seller expectations of real estate agents are: 1) find a buyer for my home (29%); 2) sell my home within a specific timeframe (26%); 3) properly price my home (20%)
  • Forty-seven percent of respondents would use the same listing agent for their next home sale

Home Buyers

  • Two out of three home buyers reported that the most important service provided by a real estate agent is helping buyers find the right home
  • Nearly four out of five home buyers used a real estate agent as an important information source and to assist in the transaction
  • Nearly seven out of ten home buyers used a real estate agent and/or broker to complete their transaction
 
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