I could not say it any better than Mr Kemp! There are many Real Estate Agents who get their license and may be part time agents or have their license for other reasons. You can expect a higher level of service and a strict code of ethics. We take an an Oath and pledge to uphold the code. Hopefully that helps!
As taken directly from REALTOR.com, here it is said best,
"A real estate agent is a REALTORÂ® when he or she is a member of the NATIONAL ASSOCIATION OF REALTORSÂ®, The Voice for Real EstateÂ® -- the world's largest professional association.
The term REALTORÂ® is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORSÂ® and subscribes to its strict Code of Ethics.
Founded in 1908, NAR has grown from its original nucleus of 120 to today's 720,000 members. NAR is composed of residential and commercial REALTORSÂ®, who are brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry. Members belong to one or more of some 1,700 local associations/boards and 54 state and territory associations of REALTORSÂ®. They can join one of our many institutes, societies and councils. Additionally, NAR offers members the opportunity to be active in our appraisal and international real estate specialty sections.
REALTORSÂ® are pledged to a strict Code of Ethics and Standards of Practice. Working for America's property owners, the National Association provides a facility for professional development, research and exchange of information among its members and to the public and government for the purpose of preserving the free enterprise system and the right to own real property. "
Having said the above, the biggest thing to take away from this is that REALTOR has to subscribe to a code of ethics.
Chad Basinger, REALTORÂ®, CPA, CFPÂ®