A: The term is often capitalized because it’s a registered trademark in the US for a member of the National Association of Realtors. … The New York Times Manual of Style and Usage capitalizes the term too, and says the “preferred generic terms are real estate agent and real estate broker.”
Should the word Realtor always be capitalized?
The preferred form of the term is REALTOR®—in all caps, and using the registered trademark symbol. If using the symbol isn’t possible, then the next best form is in all caps: REALTOR.
Is there such a word as realtor?
A Realtor is a trademarked term that refers to a real estate agent who is an active member of the National Association of Realtors (NAR), the largest trade association in the United States.
Can I use the word Realtor in advertising?
Members are authorized to use the REALTOR® marks in conjunction with the legal name of their real estate business (i.e., real estate brokerage) in advertising, signage, etc. … Based on Article V, Section 7 of NAR’s Bylaws, descriptive words or phrases are never to be used with the REALTOR® marks.
Is REALTOR the same as real estate agent?
Real estate agents have a professional license to help people buy, sell, and rent real estate. … A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.
Can I call myself a REALTOR?
You can’t call yourself a real estate agent without having an active state-issued license. A real estate license is only applicable in the state where it’s issued. However, some states allow for portability. A state’s portability laws determine whether out-of-state licensed agents can take part in transactions locally.
What is Realtor salary?
REALTOR median yearly income is around $49,700. REALTORS with 16 years of experience or more averaged nearly $86,500 per year. 27% of REALTORS earned more than $100,000 per year.
Why do people say Realtor wrong?
8. Realtor. It’s pronounced “real-ter,” not “real-a-tor.” Latin links “real” and “estate” together, but Realtor was created, capitalized, and trademarked to describe brokers who are members of the national association, according to Robert Willson, an English professor turned real estate agent.
Do Realtors make more money than real estate agents?
The income level for Realtors and real estate agents is different because more Realtors work full-time and take their job more seriously. That does not mean every Realtor is better than every real estate agent, but the averages do show that Realtors make more money.
How do you get the R in real estate?
To get the trademark ® symbol on your computer, use Alt+0174 on PCs, Option+R on Macs, or type “(r)” and hit Enter.
Can REALTOR be lowercase?
Therefore, to avoid excessive editing of Association news releases, the term REALTOR® may be used with upper and lower cases letters and no registration symbol.
What does 7.5% cap rate mean?
The cap rate (or capitalization rate) is a term used by real estate investors to measure the expected rate of return on an investment property for sale. It’s the most commonly used metric by which real estate investments are evaluated.
What is capitalization mean?
Capitalization is an accounting method in which a cost is included in the value of an asset and expensed over the useful life of that asset, rather than being expensed in the period the cost was originally incurred.
Is cap rate the same as ROI?
Cap rate tells you what the return from an income property currently is or should be, while ROI tells you what the return on investment could be over a certain period of time.