Back to Main | ALL HOMES FOR SALE | BUYING INFO | SELLING INFO | MORTGAGE INFO | GENERAL INFO | SERVICES & LINKS | CONTACT US |
119-50 Dundurn St. S., Hamilton ON. CA. L8P 4W3 | 11-370 Wilson St. E., Ancaster ON. CA. L9H 4S4 | Phone: 905.525.2720
homes Buying Info Selling Info. Mortgage Info. general.gif (1217 bytes) Services & Links CONTACT US
Agency Disclosure
Realty Glossary
Construction Terms
What is an agent?
Why Call Us?
Our code of ethics
20 Mistakes
Home Evaluation
Listings Request


All About Hamilton
Local Attractions
City of Hamilton
Local School Info
Local Getaways
Why ReMAX?

Mark & Vivian DeBruyn-Smith, Sales Reps.
General Info
Agent, Broker & REALTOR®
What Do They Mean?

RE/MAX Escarpment Realty Inc., Brokerage
905.570.2500 Direct / 905.525.2720 Office
mark@instantpage.org and vivian@instantpage.org

Many people commonly use the terms Salesperson, Broker, Agent and REALTORŪ interchangeably, as if they are all one and the same. The truth is that these terms have different meanings and we should be careful in their use.

Salesperson
The term "Salesperson" (as in Real Estate Salesperson or Real Estate Sales Representative) refers to someone who has attained all of the licensing requirements needed to help the public buy, sell, lease, exchange or negotiate for any interest in either real property or a business opportunity. All Salespersons must work under the direct supervision of a licensed Broker.

Broker
The term "Broker" (as in Real Estate Broker) specifically refers to someone who has the required qualifications and license to be in the Real Estate brokerage business. Brokers can do everything that a registered Salesperson can, but in addition they are also qualified to own, operate and supervise an actual Real Estate company and employ Salespeople to work for them.

Agent
While the term "Agent" is not specific to the Real Estate industry, most Real Estate Salespeople, Brokers and REALTORS do act as agents when conducting business. An Agent is defined as anyone who represents another in a business transaction.

REALTOR®
The word REALTORŪ is actually a registered trademark that can only be used by someone who has been accepted as a member of the Canadian Real Estate Association (CREA). This organization requires all of its members to adhere to a strict Code of Ethics and Standards of Business Practice. The Code and Standards are very important because they assure that all REALTORS offer the highest level of service, honesty and integrity possible. All REALTORS are subject to constant professional monitoring that keeps them directly accountable to the individual consumers they serve. CREA also ensures that all of its members are knowledgeable and highly trained in order to better serve the public and offers ongoing education courses so that REALTORS continue to meet the highest professional standards in an ever-changing industry.

^

©Copyright 1999 - 2008. Mark DeBruyn-Smith.

Mark & Vivian DeBruyn-Smith, Sales Representatives
RE/MAX Escarpment Realty Inc., Brokerage
905.570.2500 Direct / 905.525.2720 Office / 905.667.1710 Fax
119-50 Dundurn St. S., Hamilton ON. CA., L8P 4W3

All Rights Reserved. Reproduction in whole or in part is strictly prohibited except as indicated under the terms of use of this website. Use of this website signifies your agreement to the Terms of Use. Click here to view our Privacy Policy.

       
Back to Main | ALL HOMES FOR SALE | BUYING INFO | SELLING INFO | MORTGAGE INFO | GENERAL INFO | SERVICES & LINKS | CONTACT US |