Quick Answer
In Australia, we use the term real estate agent. The term realtor is primarily American — it refers to a real estate agent who is a member of the National Association of Realtors (NAR).
In Australia, both selling agents and buyers agents are licensed as "real estate agents" but perform different roles.
Real Estate Terminology Explained
| Term | Used In | Meaning |
|---|---|---|
| Real estate agent | Australia, USA, UK | Licensed professional who helps buy or sell property |
| Realtor | USA (trademarked) | US agent who is member of National Association of Realtors |
| Selling agent | Australia | Agent who represents the property seller/vendor |
| Buyers agent | Australia | Agent who represents the property buyer exclusively |
| Estate agent | UK, Australia | Same as real estate agent (UK terminology) |
Real Estate Agents in Australia
In Australia, real estate agents must be licensed by their state authority (e.g., NSW Fair Trading). The licence covers both:
- Selling agents: Work for vendors to sell property (most common)
- Buyers agents: Work exclusively for buyers to purchase property
Both require the same base licence but have different business models and loyalties.
Selling Agent vs Buyers Agent
The key difference for property buyers:
| Aspect | Selling Agent | Buyers Agent |
|---|---|---|
| Works for | The seller | The buyer |
| Goal | Get highest price for seller | Get best outcome for buyer |
| Paid by | Seller (commission on sale) | Buyer (fee for service) |
| Information shared | May share buyer info with seller | Confidential to buyer only |
See Realtor vs Real Estate Agent for more comparison.
Frequently Asked Questions
Do we have realtors in Australia?
The term "realtor" is not commonly used in Australia. It's an American term. In Australia, we say "real estate agent" or simply "agent".
What's the difference between agent and broker?
In Australia, the terms are often used interchangeably. Some states have different licence classes. A "broker" may also refer to a mortgage broker (different profession). See Broker and Realtor.
Should I use a buyers agent instead of the selling agent?
A buyers agent represents your interests exclusively. The selling agent, while often helpful, legally represents the seller. For significant purchases, many buyers find value in independent representation.
Related Pages
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Book a Free ConsultationGeneral Information Only: This page provides general information about real estate terminology. It is not professional advice. Terminology and licensing requirements may vary by state.