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Some Known Questions About Lawsuit over Marshall Mountain purchase claims Realtor.
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What Is a Real estate agent? A real estate agent is a genuine estate professional who is a member of the National Association of Realtors (NAR), a professional association. NAR defines the term "realtor" as a federally registered collective membership mark that determines a realty professional who is a member of the association and registers for its code of principles.
There are 1,396,575 realtors as of June 2020, which breaks down as 65% realty representatives, 22% property brokers, and 15% associate brokers. The term "real estate agent" is a registered trademark. Real estate agents must belong to both a local association or board and a state association. Realtors are expected to be experts in their field and should follow the NAR's code of principles, which requires agents to support particular responsibilities to clients and customers, the general public, and other real estate agents.
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1,396,575 The variety of real estate agents as of June 2020 Guidelines for Utilizing the Realtor Trademark NAR maintains strict rules on using the realtor trademark. real estate for sale who hold subscription as a real estate agent or realtor-associate on a member board are licensed to utilize real estate agent hallmarks in connection with their name and the name of their property business.
NAR says this is to prevent the legal concerns of a corporate name change if a member was be suspended or expelled from the association and lost the rights to use the trademark. The NAR's guidelines mention that if a certified member utilizes the real estate agent hallmark as part of their name, it should appear in all uppercase and be set off from the member's name by punctuation.
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The association also says that real estate agent hallmarks are not to be utilized as a designation of the licensed status of an expert.
Among the most efficient advocacy organizations in the country, NAR works for you by advocating for federal, state, and regional policy initiatives that enhance the public's capability and desire to own, buy, and sell real estate.
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