Delaware License Law
What is the significance of the 'REALTOR' designation versus a 'real estate licensee' in Delaware?
AREALTOR and real estate licensee are legally identical terms in Delaware
BA real estate licensee is any person licensed by Delaware; a REALTOR is a licensee who is a member of the National Association of REALTORS and subscribes to the NAR Code of Ethics — a higher professional standard, not a legal requirement✓ Correct
COnly brokers can be REALTORS; salespersons cannot join NAR
DREALTOR designation is required for all Delaware real estate professionals
Explanation
All REALTORS are real estate licensees, but not all licensees are REALTORS. REALTOR is a trademark of the National Association of REALTORS (NAR). REALTOR members commit to NAR's Code of Ethics (professional standards beyond state law), access to MLS systems (through local REALTOR associations like Bright MLS in Delaware), and professional development resources. REALTOR membership is voluntary, not legally required.
Related Delaware Delaware License Law Questions
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