What does the acronym 'REALTOR' denote in real estate?

The term 'REALTOR' specifically denotes a member of the National Association of REALTORS (NAR). This organization is a key professional body in the real estate industry, providing various resources, educational opportunities, and advocacy for its members.

Being a REALTOR means that an individual has agreed to adhere to a strict code of ethics and has access to a network of real estate professionals. This designation also holds significance in terms of credibility and professionalism in the industry, distinguishing members from those who are simply licensed to sell real estate but may not belong to this professional group.

The other options refer to concepts in real estate but do not accurately capture the meaning of the acronym 'REALTOR.' A type of real estate license pertains to certification but does not reflect the professional affiliation. A specific marketplace for real estate listings is more aligned with platforms or services used for property sales rather than membership. An inspection method for properties indicates a process used during real estate transactions but doesn't relate to the professional designation implied by 'REALTOR.'