What's a Difference Among REALTOR®s and Real Estate Agents?
REALTOR® or a real estate agent? Generally, people use the titles interchangeably to refer to any individual who handles real estate transactions. A real estate professional can be categorized as a real estate agent, REALTOR®, and/or broker. The main difference between these titles is the levels of education, experience, and affiliation. Here are the titles defined: Real Estate Agent in Ontario A real estate agent is a person who is licensed to represent buyers and sellers in a real estate transaction. To become licensed it requires you to complete the Pre-registration Segment courses within 18 months and to obtain employment with a registered brokerage and makes an application for registration with RECO within 12 months of completing the Pre-registration Segment. The licensing process takes from 3 to 4.5 years to complete. Agents are the most common real estate professionals that you’ll run across. Real Estate Broker in Ontario The key differences betwee...