California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

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

Real estate agent
Broker
Realtor
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.