California Real Estate Practice Exam

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Study for the California Real Estate Exam. Engage with multiple choice questions and detailed explanations to sharpen your knowledge. Get ready to ace your real estate career!

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What is a member of the National Association of Realtors known as?

  1. Real estate agent

  2. Broker

  3. Realtor

  4. Salesperson

The correct answer is: Realtor

A real estate agent is someone who assists in buying or selling property but may not necessarily be a member of the National Association of Realtors (NAR). A broker is someone who has passed a broker's exam and can manage their own real estate business. While brokers can also be members of NAR, not all brokers are Realtors. A salesperson is a licensed agent who works under a broker. Again, not all salespeople are members of NAR. A Realtor, on the other hand, is a licensed agent who is also a member of NAR, which means they adhere to a strict code of ethics and standards. This sets them apart from other real estate professionals and gives them access to valuable resources and networking opportunities.

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