What’s The Difference Between a Realtor and a Real Estate Agent? Definitions and 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 agent is a licensed professional that represents buyers or sellers of real-estate transactions, provides guidance and facilitates the buying and/or selling process. 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