What is the Difference between a Realtor and an Estate Agent, and why does it matter? Definitions and Background Realtor: A Licensed professional In the industry of real estate, the terms “Realtor” and “real estate agent” are often interchanged, but have different meanings. A real estate agent represents buyers and sellers in real estate transactions. They provide guidance and facilitate the buying and selling processes. Realtors are realty agents who belong to the National Association of Realtors. NAR is an association that represents the interests of realty professionals. To become Realtor, real estate agents must adhere strictly to a code