What’s the difference between a real estate agent and a realtor? Definitions and Background Realtor: a Licensed Profession In the real estate industry, the terms “Realtor” and “real estate agent” are often used interchangeably, but they have distinct meanings and implications. A real estate agent represents buyers and sellers in real estate transactions. They provide guidance and facilitate the buying and selling processes. Realtors are members of NAR, the National Association of Realtors. NAR promotes the interests of professionals in real estate. To become Realtor, real estate agents must adhere strictly to a code of ethics. The code includes principles