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The National Association of Realtors NAR , whose member brokers are known as realtors member agents are known as realtor associates , is a North American trade association [1] for those who work in the real estate industry. It has over 1. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago. The current name was adopted in NAR's members are residential and commercial real estate brokers , real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all aspects of the real estate immovable property industry, where a state license to practice is required. Members belong to one or more of some 1, local realtor boards or associations. They are pledged to a code of ethics and standards of practice, which were adopted in The use of the term "realtor" was first proposed by Charles N. That this title be copyrighted and defended by the National Association against misuse I therefore, propose that the National Association adopt and confer upon its members, dealers in realty, the title of realtor accented on the first syllable. In , it obtained a second registration, registration no. NAR has since obtained registrations for the term in such fields as electronic lock-boxes, [9] clothing, [10] and jewelry. Through a complicated arrangement, NAR sets the policies for most of the Multiple Listings Services, and in the late s, with the growth of the Internet, NAR evolved regulations allowing Internet Data Exchanges IDX whereby brokers would allow a portion of their data to be seen on the Internet via brokers' or agents' websites and Virtual Office Websites VOW which required potential buyers to register to obtain information. These policies allowed participants—whether they were individual one-person brokers or large regional companies—to limit access to some or...

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