A “REALTOR”
Some people think that all real estate agents are “Realtors,” referring to agents generically without realizing that not every agent can legally use this title. A “REALTOR” is a real estate agent / real estate professional who is a member of the National Association of REALTORS (NAR).

Realtor Code of Ethics
When agents become REALTORS they must agree to conduct their business in a way that adheres to the NAR’s Code of Ethics. The REALTOR code covers ethical requirements that deal with all aspects of thier job, from working with consumers and fellow agents to advertising truthfully.

Multiple Listing Services
Local groups of agents that banded together to share listings more effectively are called Multiple Listing Services (MLS) for short. Most of those groups are affiliated with their state and the National Association of Realtors. Typically all MLS agents are required to become members of both groups. Agents pay dues to their state and local Realtor organizations. They also pay fees to become and maintain members of their local MLS.

Realtor Educational Requirements
All licensed agents are required to take continuing education courses annually approved by their state licensing boards. To retain membership in the NAR, Realtors are also required to take additional continuing ed classes, often focusing on ethical work habits and other consumer protection topics.