What is the Difference Between Realtor and Real Estate Agent?

The main difference between a Realtor and a real estate agent lies in their membership and affiliation with the National Association of Realtors (NAR) and the scope of their respective services. Here is a breakdown of the differences:

• Real Estate Agent: A real estate agent is a licensed professional who assists clients in buying, selling, and leasing commercial or residential properties. They handle all aspects of real estate transactions, including listing properties for sale or lease, helping buyers search for properties, and representing clients in purchase and lease negotiations.
• Realtor: A Realtor is a trademarked term referring to a real estate agent who is an active member of the NAR, the largest trade association in the U.S.. As a member of NAR, Realtors are required to comply with a strict Code of Ethics, which ensures they maintain a high level of professionalism and integrity in their work. In addition to the services provided by a real estate agent, Realtors may also offer additional benefits and resources due to their membership in NAR.

In summary, while both real estate agents and Realtors are licensed to sell real estate, the main difference comes down to the Realtor's active membership in NAR and their adherence to its Code of Ethics.

Comparative Table: Realtor vs Real Estate Agent

Here is a table outlining the differences between a Realtor and a Real Estate Agent:

In summary, a Realtor is a real estate agent who is a member of the National Association of Realtors (NAR) and adheres to its Code of Ethics, while a real estate agent is a licensed professional who helps clients with their property transactions.