What does being a "REALTOR" indicate about a real estate agent?

Study for the Indiana 90-Hour Broker Course Exam. Master key concepts with multiple-choice questions, detailed explanations, and expert tips. Prepare thoroughly for success!

Being a "REALTOR" signifies that a real estate agent is a member of the National Association of REALTORS (NAR). This membership indicates that the agent adheres to a specific Code of Ethics and Standards of Practice established by the NAR, promoting professionalism and integrity within the real estate profession. By joining NAR, REALTORS gain access to a wealth of resources, educational opportunities, and networking with other professionals, which enhances their ability to serve clients effectively.

The designation is not just about having special licensing from the state, as any licensed real estate agent can operate without being a REALTOR. Furthermore, the title does not restrict a REALTOR to selling only residential properties or limit their operations to urban areas; REALTORS can work in commercial, industrial, and agricultural real estate across various regions. Thus, the correct association with the term "REALTOR" is firmly rooted in membership with the National Association of REALTORS.

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