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.