Number of Realtors in the United States from 2000 to 2022

Difference Between Real Estate Agent and Realtor

The terms "realtor" and "real estate agent" are often used interchangeably, but there is a subtle difference between the two.

Real Estate Agent

A real estate agent is a licensed professional who assists clients in buying, selling, or renting properties. They have completed the required education and licensing requirements specific to their jurisdiction. Real estate agents can work independently or be associated with a real estate brokerage. Their primary role is to facilitate real estate transactions, provide guidance to clients, market properties, negotiate deals, and handle the paperwork involved in the process.

Realtor

A realtor is also a licensed real estate agent, but they are a member of the National Association of Realtors (NAR), a professional trade organization. Realtors are required to adhere to a strict code of ethics set by the NAR. This code emphasizes professionalism, integrity, and high standards of practice. Being a member of the NAR provides realtors with additional resources, networking opportunities, and professional development.

In essence, all realtors are real estate agents, but not all real estate agents are realtors. The term "realtor" is a trademarked term and signifies membership in the NAR, demonstrating a commitment to ethical conduct and professional standards in the real estate industry.