Realtor Defined

Is there a difference between a Realtor and a licensed real estate agent?

Yes there is!
Both a Realtor and a real estate agent have taken the necessary classes and passed the real estate licensing exam. The difference is that a Realtor has gone the extra mile to join the National Association of Realtors. A Realtor agrees to follow the NAR's standards which include a Code of Ethics and strict Standard of Practice. If a Realtor does not line up with the associations' guidelines, strict penalties are enforced.
It is to your advantage to have a Realtor on your side to ensure that you are fairly represented and that your transaction will be handled in a professional manner.