Realtor Meaning: Definition, Examples, and Translations
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realtor
[หriหltษr ]
Definition
real estate agent
A realtor is a licensed professional who represents buyers or sellers in real estate transactions.
Synonyms
broker, real estate agent.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| realtor |
Refers to a real estate professional who is a member of the National Association of Realtors (NAR) and adheres to its strict code of ethics. This term is common in the United States.
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| real estate agent |
A real estate agent is a licensed professional who helps people buy, sell, and rent properties. The term does not necessarily imply membership in the NAR.
|
| broker |
A broker is a licensed individual or firm that arranges transactions between a buyer and a seller for a commission. The term 'broker' can also apply to other fields such as finance, but in real estate, it often refers to someone with a higher level of licensing than an agent.
|
Examples of usage
- I hired a realtor to help me find my dream home.
- My realtor negotiated a great deal for me on the house.
Translations
To see the translation, please select a language from the options available.
Origin of 'realtor'
The term 'realtor' originated in the early 20th century and is a combination of the words 'real estate' and 'broker'. The National Association of Realtors (NAR) was founded in 1908 and is the largest trade association in the United States. Realtors are held to a high ethical standard and must adhere to a strict code of ethics.
See also: real, realism, realistic, realistically, reality, realize, really, surreal, unreal, unrealised, unrealistic, unrealistically, unrealizable, unrealized, unrealness.