What is the meaning of REALTOR?
A REALTOR is a registered collective membership mark that identifies a licensed real estate professional who is an active member of the National Association of Realtors in the United States. Unlike standard real estate agents or brokers, a REALTOR is bound strictly by a comprehensive Code of Ethics emphasizing professional integrity, fiduciary duty, transparent client dealings, and adherence to high industry standards across residential and commercial property markets.
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Selling an 800,000 US dollar residential property yields significantly higher commission revenue due to the elevated asset price point.
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The eighty-twenty rule for real estate agents and brokerages illustrates that twenty percent of active Realtors in any given market typically secure eighty percent of all property transactions, commissions, and total sales volume.
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While every REALTOR is technically a licensed real estate agent, not every real estate agent holds the professional designation of a REALTOR.