Meaning & Definition of word "Realtor"

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.