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What does the term "REALTOR®" signify in real estate?

A licensed real estate agent

A member of the National Association of REALTORS®

The term "REALTOR®" signifies a member of the National Association of REALTORS®. This designation is not simply indicative of being a licensed real estate agent; it specifically denotes that the individual is a member of a professional body dedicated to upholding the highest ethical standards in real estate practices. REALTORS® are expected to adhere to the association's Code of Ethics, which promotes professionalism and integrity in the industry. This membership often provides agents with additional resources, networking opportunities, and support, distinguishing them from agents who are not members of the association.

Other roles in real estate, such as real estate appraisers and property inspectors, serve different functions within the industry and do not carry the REALTOR® designation. While all REALTORS® are licensed agents, not all licensed agents are REALTORS®, making the designation particularly significant.

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A real estate appraiser

A property inspector

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