Here’s some interesting info about real estate licenses and Realtors.
In January, there were 481,319 real estate licensees in California, a 55% increase since January 2001. Of those, only 180,000 are Realtors. I didn’t realize how many non-Realtors were out there selling real estate. Make sure you ask an agent/broker if they are a Realtor. If you buy or sell a home, I would also ask if the licensed agent representing the other party in your transacation is also a Realtor. While they don’t have to be, I’d want to know. Realtors are bound by the Realtor Code of Ethics which is imporant, IMO.