What’s the difference between a real estate agent and a realtor? Definitions, Background and Background Realtor: A Licensed Professional In the real estate industry, the terms “Realtor” and “real estate agent” are often used interchangeably, but they have distinct meanings and implications. A realty agent is a professional licensed to represent buyers or seller in realty transactions. He provides guidance and facilitates both the buying process and the selling process. 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 an agent, a realtor must