What is the difference between a real estate licensee and a Realtor?

Licensee

Warwick Rhode Island - The difference between a licensee and a Realtor is significant. A licensee is an individual who has successfully completed the state required licensing requirements. In Rhode Island candidates who wish to earn a real estate salespersons license must complete a 45-hour real estate pre-licensing course and pass an examination proving the applicant's knowledge of both modern real estate principles and practices as well as a separate examination proving knowledge of Rhode Island real estate law at this point, the individual is licensed to work for a broker and legally help buyers, sellers and renters complete a real estate transaction and receive compensation, this by definition is a licensee.  On the other hand, a Realtor is a licensee as well who has become a member of the National Association Of Realtors and in doing so subscribes to a strict code of ethics which holds the member to a higher standard of practice which goes above and beyond the states rules and regulations as it relates to a licensees conduct. According to Robert Scaralia education director for the Real Estate Institute of Rhode Island a leading real estate pre-license school and advanced education center for the advancement of real estate professionals states that the majority of newly licensed agents choose to affiliate with a brokerage firm that holds membership with the National Association of Realtors for not only the higher standards of practice but for the many other advantages that come from membership.  For more information about becoming a real estate agent contact the Real Estate Institute Of Rhode Island 22 Veterans Memorial Drive Warwick, RI 02886 401.943.8500 info@InstituteRI.com.

Realtor