When is a real estate agent a Realtor?
A real estate agent is a REALTOR® when he or she becomes a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, the world’s largest professional association. The term “REALTOR®” is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and abides by its strict Code of Ethics.
Founded in 1908, NAR has grown from its original nucleus of 120 members to more than 1 million today. NAR is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors, and others who are engaged in all aspects of the real estate industry.
Only members of the National Association of REALTORS® can call themselves REALTORS. Members belong to one or more of 1,700 local associations/boards and 54 state and territory associations of REALTORS® and can join one of the many institutes, societies, and councils. Additionally, NAR offers members the opportunity to be active in appraisal and international real estate specialty sections.
This association of about 750,000 brokers and agents offers advanced educational opportunities to its members, enabling them to offer accredited sub-specialties such as buyer’s representation (ABR,) residential real estate expertise (CRS,) or Internet readiness (e-PRO) to the public. Additionally the association provides a Code of Ethics to standardize professional behavior
The term REALTOR® has come to connote competency, fairness, and high integrity resulting from adherence to a lofty ideal of moral conduct in business relations. A REALTOR lives up to this ideal, no matter the circumstances.
In the interpretation of this obligation, REALTORS® can take no safer guide than that which has been handed down through the centuries, embodied in the Golden Rule, “Whatsoever ye would that others should do to you, do ye even so to them.”