What is the Difference between a Realtor and an Estate Agent, and why does it matter? Definitions & Background Realtor: A Licensed professional The terms “Realtor”, “real estate agent”, and “realtor” are often used interchangeably in the real estate industry. However, they have different meanings and implications. A real estate professional is a licensed individual who represents both buyers and sellers, and provides guidance to facilitate the process of buying and selling. 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