Understanding Real Estate Sales Licences

Published on NewsOK Published: December 17, 2012

In addition to licenses required by the state, many real estate salespeople also have certifications from professional organizations, such as the National Association of Realtors—members of this professional group take an examination and commit to specific professional development goals. In exchange, they are permitted to use the term Realtor on their marketing materials. Other professional groups exist for brokers as well as specialists in commercial, luxury, and other types of real estate.

Membership in a professional organization can indicate a commitment to higher standards as well as some additional protection for you, but not always. It’s a good idea to check on the requirements for membership to determine what a certification really means, and to find out whether a real estate professional is an active member in good standing. Some organizations require members to take tests, attend classes, provide references, and meet sales goals to remain in good standing, making for more rigorous requirements. Others have more lax standards.

If you want to know more about a real estate professional, you can check with the Better Business Bureau or a similar consumer ratings organization to determine if there are any outstanding complaints against the person you’re interested in working with. Your local courthouse can also provide information on any lawsuits or other legal issues your real estate professional may be involved in, although you should be aware that you may be charged a research fee for these records.

s.e. smith writes about San Francisco carpentry and remodeling for Networx.com.

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