Realtor
Direct definition
A real estate agent who is a member of the National Association of Realtors and bound by its code of ethics.
Written by the Vabasso Mortgage Editorial Team · Reviewed against agency and federal sources · Read our editorial policy for how we research and review mortgage content
Plain-English explanation
All Realtors are agents, but not all agents are Realtors. Membership brings an ethics code and access to the MLS.
Why it matters
Working with a Realtor adds a layer of ethics accountability on top of state licensing.
Where you may see it
- Purchase agreement
- Listing agreement
- Business cards
A real-world example
You engage a buyer's-side Realtor who agrees in writing to represent your interests.
Educational and illustrative only
A common misunderstanding
Not every real estate agent is a Realtor — the term is a trademarked title reserved for NAR members bound by its code of ethics.
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This glossary provides general educational information. Mortgage terminology, qualification methods, forms, timelines, fees, program rules, and legal meanings may vary by lender, investor, loan program, property, occupancy, state, and transaction. Definitions do not represent loan approval, legal advice, tax advice, or a commitment to lend.
- Author
- Vabasso Mortgage Editorial Team
- Reviewed by
- Vabasso Mortgage Licensed Advisory Team
- Last reviewed
- July 30, 2026