The National Association of Realtors is an organization that represents real estate professionals. It was formed in 1908 and has grown to include over one million members. Its Code of Ethics sets forth standards for behavior among members and is based on the principles of professionalism and public protection. Its members must adhere to these standards, and buyers should look for a Realtor(r) logo when choosing a real estate agent.
Realtors are required to put the interests of their clients first. This means that they should not misrepresent properties and should disclose any family or personal interests. In addition, Realtors should not provide professional services in transactions that could conflict with their clients’ interests. They should also not accept fees from third parties without the seller’s knowledge or consent.
A Realtor is the person who sells homes and helps buyers find them. They have a wealth of knowledge about the real estate market and can give advice on how much a home is worth. They can also provide inside information about comparable homes in the area. A realtor can help buyers choose a home that is right for them and is within their price range. They also offer guidance on the local market and give advice about comparable properties and estimated values.
Before a Realtor can sell homes, they must be licensed by the state. They must also complete several educational requirements. Some states require real estate agents to hold a four-year college degree. A Realtor must also pass a course about the NAR Code of Ethics every four years.