What’s the difference between a real estate agent and a realtor? Definitions & Background Realtor: A Licensed Professional In the real estate business, the terms “Realtor”, and “realty agent” are used interchangeably. However, these terms 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. A Realtor is a real-estate agent who is a part of the National Association of Realtors, a trade organization that promotes real estate professionals’ interests. To become Realtor, real estate agents must adhere strictly to a code of ethics. The