What is a real estate agency?
While people use terms real estate agent and real estate agency interchangeably, they are not exactly the same. "Real Estate Agent" is a general term that indicates anyone who has a license to sell or rent assets. The "real estate agency", on the other hand, is a proprietary term, correctly applied only to real estate agents belonging to the National Association of Real Estate Agency. He was a member of the former version of this organization, in fact invented the word "real estate agency". This indicated that their business included real land and houses: real estate or real estate. The organization of real estate men founded in Chicago in 1908 in order to strengthen the influence of their trade was called the National Association of Real Estate Stock Exchange. Other objectives of the association were to standardize and regulate real estate procedures. For this purpose, members were required to work under an ethical code called the Golden Rule. In 1916, the group changed its name to the National Association of real estate councils. Charles N. Chadbourn, Member of Minneapolis, in TThe year suggested that those who belonged should be distinguished from those who were not the title. His proposal, a real estate agency, was accepted. It was also his suggestion that the word patented, although this occurred for decades later in 1949.
The business organization of real estate agencies, which in 1978 changed its name to the National Association of Real Estate Association, earns the word and follows it with a registered trademark brand. Elsewhere, however, the "real estate broker" appears without special grades and is usually not capitalized. However, it still carries significant importance. In 2004, the Patent and Trademarks of the United States decided that the "real estate agent" and "real estate agencies", despite their frequent use, were still the property association of real estate agencies and could only be legally used to its members.
To become a real estate broker, they must first take courses and take a test,that earns him a license for real estate. A little more than half of the real estate agents in the United States join the National Association of Real Estate Association by applying through the local council. Membership requires the payment of annual fees and the takeover of other classes at least every 4 years. Members still control the Codex.