Which of the following describes a REALTOR®?

Which of the following describes a REALTOR®?

• A. A member of the National Association of REALTORS® (NAR)
• B. A type of property manager
• C. A licensed real estate agent only
• D. A person who only deals with commercial properties

Answer: (A)

A REALTOR® is specifically defined as a member of the National Association of REALTORS® (NAR). This membership indicates that the individual adheres to a strict code of ethics set forth by the association, which emphasizes professionalism, integrity, and a commitment to serving clients. To be recognized as a REALTOR®, one must hold an active real estate license and join NAR, which includes residential and commercial practitioners. The other choices do not capture the full definition of a REALTOR®. For example, describing a REALTOR® as a type of property manager limits the scope of what REALTORS® do, as they can engage in various real estate activities beyond property management. Similarly, stating that a REALTOR® is simply a licensed real estate agent overlooks the important aspect of NAR membership, which distinguishes them from other real estate professionals. Lastly, the suggestion that a REALTOR® only deals with commercial properties is inaccurate, as REALTORS® can work in residential, commercial, or industrial real estate sectors. Thus, the correct understanding is that being a REALTOR® is fundamentally tied to being a member of the NAR.

A REALTOR® is specifically defined as a member of the National Association of REALTORS® (NAR). This membership indicates that the individual adheres to a strict code of ethics set forth by the association, which emphasizes professionalism, integrity, and a commitment to serving clients. To be recognized as a REALTOR®, one must hold an active real estate license and join NAR, which includes residential and commercial practitioners.

The other choices do not capture the full definition of a REALTOR®. For example, describing a REALTOR® as a type of property manager limits the scope of what REALTORS® do, as they can engage in various real estate activities beyond property management. Similarly, stating that a REALTOR® is simply a licensed real estate agent overlooks the important aspect of NAR membership, which distinguishes them from other real estate professionals. Lastly, the suggestion that a REALTOR® only deals with commercial properties is inaccurate, as REALTORS® can work in residential, commercial, or industrial real estate sectors. Thus, the correct understanding is that being a REALTOR® is fundamentally tied to being a member of the NAR.