What’s the difference between a Real Estate Licensee and a Realtor?
All Realtors are real estate licensees, but not all real estate licensees are Realtors. “Realtor” is a professional designation given to licensees who have joined a local Board of Realtors. Local boards offer membership in the Florida Association of Realtors (FAR), which is part of the National Association of Realtors (NAR). Realtors adhere to a strict code of ethics approved by the National Association of Realtors. The code assumes that people conducting a real estate transaction must adhere to a higher set of standards that those people working in other business arenas. Realtors are, according to the Realtor Code of Ethics and Standards of Practice, “zealous to maintain and improve the standards of their calling.