Real Estate Agent or Realtor: What’s the Difference and Which One to Choose?

What differentiates a Real Estate Agent from a Realtor?

"Agente imobiliário" (real estate agent) is the term used in Portugal and Europe, while in Brazil and other Latin American countries, the equivalent term is "corretor de imóveis” (realtor). Since these terms are used in different countries, there are also significant differences in regulations, professional practices, and required training.

In Portugal, a real estate agent operates under the license of a certified real estate agency and is responsible for mediating property transactions, representing buyers and sellers, and assisting in all bureaucratic processes related to buying and selling properties. To practice this profession, agents must be registered with the Institute of Public Markets, Real Estate, and Construction (IMPIC) and must have specific training in the field.

In Brazil, a realtor (corretor de imóveis) must obtain a license from the Regional Council of Realtors (CRECI) and can work either independently or be affiliated with a real estate agency.

The primary difference between these professionals lies in the regulations governing their activities and their market operations. In Portugal, the real estate market is highly regulated, ensuring greater security for buyers and sellers. In Brazil, the profession allows for more flexibility, enabling realtors to work more independently. For clients, this means different approaches to negotiation as well as varying levels of legal security and transparency throughout the buying or selling process.

Both professionals must constantly study and stay up-to-date with the real estate sector, master negotiation techniques, and develop strong marketing skills to attract clients. For those seeking to buy or sell a property, choosing a well-prepared professional can make a significant difference in securing a good deal.

Real Estate Agent or Realtor: Which One is Right for You?

The main distinction between these terms depends on geographical location. In the Portuguese market, hiring a real estate agent ensures security and professionalism, as the profession follows strict regulations and agents have access to advanced tools to find the best solutions for clients.

Choosing the right professional can significantly impact the buying or selling experience, ensuring not only better business opportunities but also a smoother and more secure process. Regardless of whether you choose a real estate agent or a realtor, the most important factor is selecting a qualified professional who understands your needs and provides high-quality service.

For buyers and sellers looking for a personalized and efficient service, it is essential to work with an expert who has in-depth knowledge of the local market and a strong network of contacts.

The Role of Engel & Völkers in Training Real Estate Professionals

Whether you are looking to start a career in real estate or strengthen your expertise, Engel & Völkers is the ideal choice. As one of the leading international real estate companies, Engel & Völkers offers continuous training, specialized support, and a global network of contacts that enables agents to develop a solid and successful career.

Working at Engel & Völkers means having access to cutting-edge technology, innovative marketing strategies, and an exclusive portfolio of properties. The company places a strong emphasis on developing its consultants' skills by providing advanced technological tools and continuous guidance to ensure that every transaction is successful.