Definition of Realtor:
A realtor is a real estate professional who is a member of the National Association of Realtors (NAR), a professional association. NAR defines the term realtor as a federally registered collective membership mark that identifies a real estate professional who is a member of the association and subscribes to its code of ethics.
Professionals who hold the title of realtor include agents that work as residential and commercial real estate brokers, salespeople, property managers, appraisers, counselors and other real estate professionals. More than 1 million real estate agents are realtors. The term realtor is a registered trademark. Realtors must belong to both a local association or board and a state association.
Trademarked name for an active member of the National Association of Realtors®.
A person who acts as an agent for the sale and purchase of buildings and land; a real estate agent.
How to use Realtor in a sentence?
- The use of the realtor trademark by agents is heavily regulated by the NAR which issues strict rules and guidelines.
- Jackson immediately began networking with mortgage brokers, realtors, and real estate investors.
- In order for a real estate agent to call them self a realtor they must become a member of the NAR and local chapter as well as uphold professional and ethical standards.
- A realtor is a real estate sales professional who is also a member of the National Association of Realtors (NAR).
Meaning of Realtor & Realtor Definition