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Real Estate Brokers vs. Realtors

Ever wonder whether a real estate broker and a Realtor are the same thing? Well, they're not. Not exactly, at least. Someone with a real estate license is a licensed real estate professional, or an agent. This person may also be a Realtor but isn't necessarily one.

We often think of any real estate agent as a Realtor, but to be one, he or she must be a member of The National Association of Realtors, which has trademarked the word "Realtor."

A real estate broker, meanwhile, has had additional training and holds a different license. Don't think that you need a broker and not an agent, though. Either can serve you very well. Although many people casually refer to those who show and sell homes as brokers, they're often actually agents. Most people use the terms interchangeably.

You'll find more homebuying guidance and tips in our Home Center. In addition, drop by our Buying or Selling a Home discussion board.

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Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 02, 2014, at 1:47 PM, helenlund wrote:

    My roommate is considering going into real estate and wanted to know which to go for, or if they're even that different. Thank you for explaining the difference so clearly, since it seems like it's a pretty big difference. I'll pass the info on to her so she can decide about the extra schooling it would take to be a broker.

    Aimee Hart | http://www.melissaslistings.com/aboutus.php

  • Report this Comment On October 29, 2014, at 5:59 PM, calebhart54 wrote:

    I have actually wondered this for the longest time. When people asked me what my dad does for a living, I always told them he was a real estate broker. After reading this, I think he might actually be an agent. I'm going to ask him what he does and then I'll be able to know once and for all what he does. http://greghoneymichael.com/

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Selena Maranjian
TMFSelena

Selena Maranjian has been writing for the Fool since 1996 and covers basic investing and personal finance topics. She also prepares the Fool's syndicated newspaper column and has written or co-written a number of Fool books. For more financial and non-financial fare (as well as silly things), follow her on Twitter...

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