Why do Americans call estate agents Realtors?

Article written by The Overseas Guides Company Professional real estate agents in the USA must be a member of the National Association of Realtors (NAR), hence the term realtor, licensed by the State(s) in which they operate and be a member of a local real estate association.

What is the American name for an estate agent?

An estate agent is roughly synonymous with the United States term real estate broker.

What is the difference between a Realtor and a real estate agent?

Real estate agents have a professional license to help people buy, sell, and rent real estate. A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.

What does it mean to use the term Realtor?

real estate agent
A Realtor is a trademarked term that refers to a real estate agent who is an active member of the National Association of Realtors (NAR), the largest trade association in the United States.

What is a real estate agent called in the UK?

In the US we have real estate agents and they are licensed at the state level and in the UK they are called estate agents and are licensed by the country. Wales, Scotland, England etc.

Is the word REALTOR trademarked?

The term REALTOR® is not only a trademark owned by NAR and protected by federal law, it’s a valuable membership benefit that distinguishes members from other real estate licensees.

Is it pronounced REALTOR or Realator?

8. Realtor. It’s pronounced “real-ter,” not “real-a-tor.” Latin links “real” and “estate” together, but Realtor was created, capitalized, and trademarked to describe brokers who are members of the national association, according to Robert Willson, an English professor turned real estate agent.

Can I use the word REALTOR in my business name?

Can I use the REALTOR® marks in the name of a firm? No, the REALTOR® marks cannot be included in the legal or DBA name of any firm. Members are authorized to use the REALTOR® marks in conjunction with the legal name of their real estate business (i.e., real estate brokerage) in advertising, signage, etc.

What does REALTOR mean in real estate?

A REALTOR® is a licensed real estate salesperson who belongs to the National Association of REALTORS®, the largest trade group in the country. REALTORS® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some REALTORS® are brokers, while some are agents.