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A REALTOR is a member of the NATIONAL ASSOCIATION of REALTORS and subscribes to its strict Code of Ethics.

The Code establishes time-honored and baseline principles that come from the collective experiences of REALTORS since the Code of Ethics was first established in 1913. Those principles can be loosely defined as:
Loyalty to clients;
Fiduciary (legal) duty to clients;
Cooperation with competitors;
Truthfulness in statements and advertising; and non-interference in exclusive relationships that other REALTORS have with their clients.

To earn a designation, a REALTOR a real estate agent has taken coursework and demonstrated specific skills, performance and knowledge in a particular area of the real estate industry.