California Real Estate Salesperson Exam Practice – Question 72

Concepts Definitions

Realtor: A real estate professional who is a member of the National Association of Realtors (NAR) and adheres to its code of ethics. It is a protected trade name.

National Association of Realtors (NAR): A professional organization that promotes professionalism within the real estate industry and whose members are authorized to use the “Realtor” trade name.

Trade Name: A name used by a company or organization to identify its business, products, or services. In this context, “Realtor” is a trademarked trade name exclusive to NAR members.

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