What is the difference between Realtor & Broker

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Who’s a what?
Frequently, you see the terms real estate agent, broker and realtor used interchangeably. But are they different? In some cases, they are. A Realtor® is only someone who is licensed by the National Association of Realtors and is bound by a Code of Ethics. A real estate agent and a real estate broker are essentially the same thing. Sometimes, though, the term broker can be used to refer to the corporation or partnership for which a particular agent works. In this article, we’ll use agent and broker interchangeably, and for simplicity’s sake, we’ll call a Realtor® a realtor

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