Realtor (2)

A realtor is an agent or broker, engaged in the purchase-sale, handing over in the lease, management and estimation of the real estate and leased agrarian property, frequently parallel with implementation of functions of auctioneer. An agent gets the commission proportionally of cost. On the sort of the activity falls into category of general agents. The legislation of foreign countries does not require usually, that a realtor necessarily belonged to some organization or had a document about the special education. In Great Britain exists, however, professional higher organ of similar agents, known as Institute of graduate auctioneers and realtors, and measures for registration of similar realtors for more reliable defence of interests of their clientele are developed.