Agency
When a NJ real estate licensee uses the term 'Realtor,' they are indicating:
AThey are licensed by the NJREC as a broker only
BThey are a member of the National Association of Realtors (NAR) and are bound by the NAR Code of Ethics✓ Correct
CThey specialize only in residential sales
DThey have a graduate degree in real estate
Explanation
'Realtor' is a trademarked term belonging to the National Association of Realtors. Only NAR members may use the term. NAR members are bound by the NAR Code of Ethics, which establishes professional standards above and beyond state licensing requirements.
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