The words broker and realtor are:

The words broker and realtor are:

• A. interchangeable
• B. different categories of membership in the National Association of realtors.
• C. different titles offered by separate professional organizations
• D. not necessarily related; a broker is a real estate licensee, and a REALTOR is a real estate licensee who is a member of the National Association of REALTORS

Answer: (D)

The terms broker and REALTOR refer to distinct concepts in the real estate profession, which clarifies the choice that suggests they are not necessarily related. A broker is a real estate licensee who has completed specific educational requirements and passed a state examination, allowing them to operate independently or manage a brokerage. On the other hand, a REALTOR is a designation for real estate professionals who are members of the National Association of REALTORS (NAR) and adhere to its code of ethics. Therefore, while all REALTORS can be brokers, not all brokers are REALTORS. The distinction lies in membership and adherence to the NAR's ethical standards, making this choice the most accurate representation of the relationship between the terms.

The terms broker and REALTOR refer to distinct concepts in the real estate profession, which clarifies the choice that suggests they are not necessarily related. A broker is a real estate licensee who has completed specific educational requirements and passed a state examination, allowing them to operate independently or manage a brokerage. On the other hand, a REALTOR is a designation for real estate professionals who are members of the National Association of REALTORS (NAR) and adhere to its code of ethics. Therefore, while all REALTORS can be brokers, not all brokers are REALTORS. The distinction lies in membership and adherence to the NAR's ethical standards, making this choice the most accurate representation of the relationship between the terms.