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Consumer Resources
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• What is a REALTOR®?
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What is a REALTOR®?
The term "REALTOR®" is a federally registered trademark to identify and distinguish members from all other persons, licensed or unlicensed, engaged in the real estate business and is associated with a high degree of professionalism, training, integrity and expertise in the real estate industry. A REALTOR® is an individual licensed to list and sell real estate and is also a member of a local board of REALTORS®, the state association of REALTORS® and the National Association of REALTORS® - unlike real estate agents who are simply licensed by their state to do business. As a member of these three professional trade associations, a REALTOR® pledges to adhere to a strict Code of Ethics and Standards of Practice. For a summary of the REALTOR® Code of Ethics, click here.
In Northwest Indiana, to earn the title of REALTOR®, a person must be licensed to list and sell real estate in Indiana and be a member of the Greater Northwest Indiana Association of REALTORS®, automatically gaining membership in the Indiana Association of REALTORS® and the National Association of REALTORS® through membership at the local level.
A REALTOR® is the recognized professional in real estate. The distinctive REALTOR® "R" is your guarantee that you are dealing with the elite of the profession, a member of an association of REALTORS® and a professional who deserves your trust. A REALTOR® pledges fidelity to clients, but also pledges to treat honestly all parties to a real estate transaction. A REALTOR® is knowledgeable about various aspects of the real estate profession and maintains current information regarding market conditions. REALTORS® have an affirmative obligation to serve property owners and prospective buyers to the best of their ability.
Individual REALTORS® may work in some or all facets of a real estate transaction, acting as seller's agents, buyer's agents, dual agents, limited agents or as transaction brokers. To find a REALTOR® who will be able to provide the services you need to complete a real estate transaction, click here.
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