Meaning & Definition of word "Realtor"

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    Realtor

    /ˈriːəl.tɔːr/

    noun:

    • 1. A licensed real estate professional who represents buyers or sellers in real estate transactions.
      • Example: We hired a realtor to help us find our dream home.
    • 2. A member of the National Association of Realtors, adhering to a strict code of ethics.
      • Example: As a realtor, she prioritizes her clients' needs and works tirelessly to achieve their goals.
    • 3. An individual whose job is to assist people in buying and selling real estate properties.
      • Example: The realtor provided us with valuable market insights before we made an offer.

    Etymology

    The term 'realtor' is a trademarked term coined in 1916 by the National Association of Realtors, derived from the word 'real estate' and a suffix.

    Common Phrases and Expressions

    buyer's agent:

    A realtor who represents the buyer in a real estate transaction.

    listing agent:

    A realtor who represents the seller and lists the property for sale.

    open house:

    An event where a property is open for potential buyers to view.

    closing costs:

    Fees and expenses due at the closing of a real estate transaction.

    Related Words

    real estate:

    Property consisting of land or buildings.

    broker:

    An individual or firm that acts as an intermediary between buyers and sellers.

    Slang Meanings of realtor

    Meaning: House hawk

    Example Sentence: That house hawk is always showing people new listings.

    Meaning: Realtor of the stars

    Example Sentence: He’s known as the realtor of the stars, helping celebrities find homes.