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FAQ : Aren't All Real Estate Agents REALTORS®?

By
Managing Real Estate Broker with Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com Designated Broker DB29503

Question: Aren't all real estate agents REALTORS®?  I thought the terms were interchangeable.

 

Answer: No. A real estate agent is licensed under the state licensing commission (ours is the Idaho Real Estate Commission, otherwise referred to as IREC). Real estate agents in Idaho are licensed to help consumers buy & sell vacant land, residential or commercial real property in the state of Idaho and must abide by state licensing laws & rules. There is no requirement for a real estate agent to also be a REALTOR® and not every agent is. In Idaho you will find that many commercial agents and brokers are not REALTORS®, although they can be if they choose membership.  

A licensed real estate agent who is a REALTOR® is a member of a national trade organziation called the National Association of REALTORS® (NAR).  As Idaho REALTORS® we at Jon Gosche Real Estate, LLC are also members of the state and local chapters, Idaho Association of REALTORS® (IAR) and Boise Regional REALTORS® (BBR). 

As members of NAR, REALTORS® are required to abide by the REALTOR® Code of Ethics which was established in an effort to provide a higher level of service and professionalism to the public and within the industry.

Here is a copy of the Idaho Real Estate License Laws & Rules as of July 2016. 

NOTE: The Idaho License Laws & Rules booklet is updated every July so a 2017 version with any changes will be coming out in less than a month and the above will then become outdated. However, the newest version can be found online.

 

Here is copy of the 2017 NAR Code of Ethics.

 

For more information on REALTORS® & membership see NAR's website here.

 

If you would like to know how we can help you buy or sell real property in the Treasure Valley area please feel free to contact us.  

We are licensed agents in the state of Idaho as well as REALTORS®.

 

John Boles 208-830-6185 (call/text)

johnboles@boiserealtystore.com

BoiseMeridianRealEstate.com

 

 Serving all of Ada & Canyon Counties and

portions of Gem, Owyhee & East Boise Counties

 

Jon Gosche Real Estate, LLC

Boise, Idaho Real Estate

John Pusa
Glendale, CA

Kasey & John Boles This is very good report about Realtor requirements.

Jun 05, 2017 03:54 PM
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Great FAQ!  Most people think they are synonymous. 

Jun 05, 2017 05:32 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Great post  Kasey & John Boles  I think most people are under the impression they are .

Jun 05, 2017 06:30 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Yes being a Realtor is more expensive  

I see you are getting your June contest posts going!

Jun 05, 2017 09:31 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Thanks John Pusa! Hope you have a great week! -Kasey

Jun 05, 2017 10:04 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Jim Cheney what I failed to put in the post was the pronunciation! :-) Kasey

Jun 05, 2017 10:05 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I think much of the public doesn't know what being a REALTOR means Hannah Williams, they just think it means being a real estate agent. -Kasey

Jun 05, 2017 10:05 PM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Totally Thomas J. Nelson, Realtor, CRS - way more expensive!

Yep, trying to get a head start.  Man there are a lot of posts for this month, and it's summer! :-) Kasey

Jun 05, 2017 10:07 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets

I feel you, I'm jumping on mine too! 

Jun 05, 2017 10:26 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Being a REALTOR is definitely much more than just being a licensed agent and it is important to let consumers know the difference.

Jun 06, 2017 06:52 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

yes, there is a difference. Thanks for the comment Brian England.  Have a great day! -Kasey

Jun 06, 2017 07:11 AM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with home buyers and home sellers.

Jun 06, 2017 09:33 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Thanks for your comment Roy Kelley. Have a great day!

Jun 06, 2017 09:46 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Thanks Roy Kelley!  Happy Tuesday. 

Jun 06, 2017 09:47 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Kasey --- I don't know how many times I have been asked this question too --- your explanation is spot on.   Now, if only people knew how to pronounce REALTOR.   

Jun 07, 2017 08:23 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Maybe how to pronounce REALTOR® should be my next FAQ Michael Jacobs.  I don't know if I can get 300 words out of that one though....I'll think on it.  :-) Kasey

Jun 07, 2017 06:56 PM