Realtor Templates

General FAQs

• What Is a Realtor?

  A realtor is a real estate professional and a member of the professional institution, National Association of Realtors (NAR). According to this association, 'realtor' is a federally registered member who agrees and subscribes to its code of ethics. 

• Why Realtors are Titled Different From Real Estate Agent?

  • Realtor is a trademarked term used to refer to the real estate agent who is a member of the largest trade association of the US, NAR. 
  • Realtors need to uphold strict professional and ethical codes
  • NAR imposes various strict rules and guidelines on realtors.

• What are the Important Requirements to Join NAR?

  • A valid real estate license. 
  • Members need to be actively engaged in the real estate business. 
  • Clear record of any sort of official sanctions that involves unprofessional conduct. 
  • Clear record of any pending bankruptcy. 

• What are the Four Types of Real Estate Business?

  • Residential- It includes the sale of new construction and resale homes. 
  • Commercial- It is buying and selling includes shopping centers and strip malls, medical buildings, etc. 
  • Industrial- It refers to manufacturing buildings or property, and also warehouses. 
  • Land- It includes any vacant space or land with crops and minerals. 

• How to Prepare for Realtor Job?

  • Be clear about your choices and goals.
  • Research and analyze the company background you are applying to. 
  • Learn some interview questions from online sites. 
  • Never show the shock or surprised expression on the interviewer's unusual questions. 
  • Take a moment to answer any questions. 
  • Dress formal and be honest with your replies.