Realtor vs. Real Estate Agent: What's the Difference?

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People use 'realtor' and 'real estate agent' as if they mean the same thing, but they don't quite.

The short answer

TitleWhat it means
Real estate agent (salesperson)Holds a state real estate license and works under a broker
Real estate brokerHas a higher-level state license and can run a brokerage and supervise agents
REALTOR®A licensed agent or broker who is a member of the National Association of REALTORS® (NAR) and agrees to its Code of Ethics

REALTOR® is a registered trademark of NAR, so only members may use it. See NAR: About and the NAR Code of Ethics.

Does it matter?

Both REALTORS® and non-member agents must hold a state license and follow state law. Membership adds NAR's Code of Ethics and its complaint process, and members follow NAR's practice rules, such as the 2024 requirement for written buyer agreements (see our buyer's agent guide). Experience, local knowledge and communication usually matter more than the title.

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