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Real Estate Titles Explained: Agent, Broker, REALTOR®


REALTOR® and other titles for real estate professionals can be confusing. Most people believe that everybody that sells real estate is a REALTOR®. They are not.


The real estate profession is regulated by state governments, which have different requirements for earning a license. In general, though, the titles you may come across include: real estate agent, real estate broker, affiliate broker, principal broker and REALTOR®.


In Tennessee, those that are commonly referred to as a real estate agents can be a person who holds one of three licenses issued by the Tennessee Real Estate Commission. They are:


             The following are the 21 local  REALTOR® Associations in Tennessee and the Division they belong:

  

 

         Real Estate School       Law Enforcement Academy         sUAV Flight School

TENNESSEE REALTORS
Tennessee Association of REALTORS®
901 19th Avenue South
Nashville, TN 37212
(615) 321-1477 or (877) 321-1477

Legal Hotline:  (800) 899-5297


    WESTERN DIVISION (1)      MIDDLE DIVISION (2)       EASTERN DIVISION (3)

Central West TN                      Clarksville                           Bristol TN-VA

Reelfoot Regional                Eastern Middle TN             Greater Chattanooga

Tennessee Valley                 Greater Nashville           Great Smoky Mountains

  Memphis Area                    Middle Tennessee               Knoxville Area

                                                         Robertson County                Lakeway Area  

                                                        Southern Middle TN               Northeast TN

                                                               Sumner                          River Counties

                                                         Upper Cumberland

           Warren County

                                    Williamson County

About the REALTOR® Code of Ethics Training Requirement

REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within two-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®.

New licensees that join the National Association of REALTORS® generally meet this requirement during their REALTOR® orientation.

A new two-year cycle began January 1, 2017. The deadline for this cycle is December 31, 2018. The Career Institute offers Ethics and Professional Conduct #4427 which meets the requirements of NAR and provides four (4) hours of continuing education to renew your license.

Training may be completed through local REALTOR® associations or through another method, such as home study, correspondence, classroom courses, or online courses.

Do not confuse the required REALTOR® Code of Ethics education with the six hour (6) TREC 2017-2018  Core Course required by the Tennessee Real Estate Commission to renew your license. They are not the same




Tennessee REALTORS® Contracts and Forms

The Tennessee Association of REALTORS® has developed a set of contracts and forms to be used by their members in Tennessee real estate transactions. The 2017 forms are available to members online. As in past years, there are a number of updates to this year’s forms. To get up to speed a summary of the changes can be found by following our link to Tennessee REALTORS® Contracts and Forms.


REALTOR® CODE of ETHICS

Tennessee REALTORS® Contracts and Forms