Realtor®
Licensed real estate professional who is a member of the National Association of Realtors (US).
Key Takeaways
- Start by grasping the core concepts and workflows
- Confirm the latest regulations and requirements from official sources
- Talk to qualified experts for personalized guidance
Overview
A Realtor® is a licensed real estate agent or broker who is a member of the National Association of Realtors (NAR), the largest trade association in the United States. The term "Realtor®" is a registered trademark and can only be used by NAR members who adhere to a strict Code of Ethics.
Requirements to Become a Realtor®
- Obtain a state real estate license
- Join a local real estate board
- Join the National Association of Realtors (NAR)
- Complete continuing education requirements
Code of Ethics
- Fiduciary duty to clients
- Provide full disclosure
- Act in client's best interest
- Maintain confidentiality
Related Glossary Terms
Frequently Asked Questions
Below we cover the core concepts and how they work in practice in real estate and finance.
No two scenarios are the same, so use this as a starting point. For personalized advice, consult a qualified professional.
For the most accurate details, visit IRS, CRA, HUD, and CFPB directly for the most accurate and up-to-date information.
This content is for informational and educational purposes only and does not constitute financial, tax, or legal advice. Consult a qualified professional for advice specific to your situation.