One major difference for me, is The Code of Ethics subscribed to by all REALTORS®. We take it very seriously and refer to it often, our 'bible' if you will.
The National Association of REALTORS® does a good job explaining:
All real estate licensees are not the same. Only real estate licensees who are members of the [...]
Prequalification is a lender's estimate of how much you could be eligible to borrow based on information you supply. Prequalification does not mean you will get the loan. Prequalifications are usually free.
Preapproval usually means that the lender is ready to make you a mortgage loan based on the information and documentation you provided [...]
I am pleased to confirm that 2014 President Jim Armstrong has appointed you to serve on the 2014 Professional Standards Committee.
You have been selected from the NSAR's 1,000+ members for this important role. Your willingness to participate is appreciated by the leadership, staff, and membership of the North Shore Association [...]
I am pleased to confirm that 2014 President Jim Armstrong has appointed you to serve on the 2014 Membership Recognition Committee!
You have been selected from the NSAR's 1,000+ members for this important role. Your willingness to participate is appreciated by the leadership, staff, and membership of the North Shore Association [...]
