the.com/realtor
A salesperson who unlocks doors for a living and takes 6% of your life savings for it.
means A licensed real estate agent who belongs to the National Association of Realtors and is bound by its code of ethics.
from Coined in the early 1900s (1916, by a Minneapolis real estate man named Charles N. Chadbourn) specifically as a trademarked title for members of the newly forming National Association of Real Estate Boards — not a casual nickname but a deliberately manufactured brand word, built from 'real estate' plus the agent-noun suffix '-or.' That's why it's technically a proper, capitalized trademark, 'REALTOR,' even though everyone now lowercases it and uses it for any agent with a lockbox.
- legal trademark
- Realtor is a capitalized brand, not just agent
- commission split
- usually divided between buyer and seller agents
- code of ethics
- must join NAR to legally use the title
- open house math
- often held more to find buyers than sell that house