What is the difference between a Realtor®, a Broker, and an Salesman?
Realtors® are licensed real estate professionals who are members of the National Association of Realtors® and its local affiliate Associations. Realtors® agree by their membership to be governed by a strict Code of Ethics and Professional Standards in all their professional activities. A real estate Broker or Salesman (either of which are often referred to as Agents) may or may not be a Realtor®. It is important to note that the Realtor® Code of Ethics often holds the Realtor® to an even higher standard than that which may be required by applicable state real estate license law. Brokers in New York are those persons who are licensed by the state to operate a real estate business , to sell, exchange, lease, or purchase real estate and to provide other defined real estate services for others (the public) and to charge a fee or commission for any such activities and services. To obtain licensure as a Broker one must meet certain educational requirements, have worked at least two years as
