Realtist
Definition and meaning of Realtist in real estate.
A Realtist is a real estate professional who is a member of the National Association of Real Estate Brokers, an organization dedicated to promoting democracy in housing and equal opportunity for minority professionals.
In more detail
The designation was created in the mid-twentieth century by African American real estate professionals in response to discrimination and exclusion from other industry groups. Realtists work to improve housing opportunities for underserved communities and advocate for fair housing laws. Members include brokers, sales agents, appraisers, and mortgage lenders who adhere to a strict code of professional ethics. While many Realtists are also Realtors, the two organizations are separate and have different historical roots.
Key facts
| Category | Buying & Selling |
|---|---|
| Applies to | Members of the National Association of Real Estate Brokers |
| Also known as | NAREB member |
| Who pays | Client via standard broker commissions |
A buyer chooses to work with a Realtist broker to support minority-owned businesses and tap into their expertise in affordable housing programs in the local community.
Frequently asked questions
What is the difference between a Realtist and a Realtor?
A Realtist is a member of the National Association of Real Estate Brokers, which focuses on fair housing and minority representation, whereas a Realtor is a member of the National Association of Realtors.
Can a real estate agent be both a Realtist and a Realtor?
Yes, many real estate professionals hold memberships in both organizations and adhere to the ethical standards of both groups.