While the labels "realtor" and "Best real estate agent Peterborough estate agent" are frequently swapped, they carry distinct meanings.

A realtor is always a licensed agent, but a licensed agent doesn’t automatically qualify as a realtor.

What truly separates them is affiliation and adherence to ethical guidelines.

Real estate agents are state-certified individuals who facilitate residential or commercial property deals.

To become one, an individual must complete state-mandated education, pass a licensing exam, and work under a brokerage.

With this credential, they are authorized to act on behalf of buyers or sellers in property deals.

By contrast, a realtor is a licensed agent who belongs to the National Association of Realtors, known as NAR.

This is a professional organization that represents over one million members across the United States and its territories.

Membership in NAR requires adherence to a strict Code of Ethics, which goes beyond state licensing requirements.

It upholds principles of truthfulness, impartiality, and client advocacy — violations may result in fines, probation, or permanent expulsion.

Realtors are held to a higher standard of conduct and are expected to prioritize their clients’ interests, disclose all relevant information, and avoid misleading practices.

Additionally, they gain privileged access to tools like the MLS, advanced training programs, legal advisory services, and professional networking forums.

As a result, clients may experience improved transaction efficiency and more reliable expert direction.

Deciding between a licensed agent and a realtor isn’t always obvious, yet knowing the difference empowers smarter selection.

If you value professional accountability and a commitment to ethical practices, working with a realtor may offer added peace of mind.

However, a licensed real estate agent who is knowledgeable, experienced, and well-recommended can also provide excellent service.

The most important factor is not just the title, but the agent’s track record, communication skills, and understanding of your specific needs in the market.

Always ask about their experience, references, and whether they are a member of NAR before making a decision.