A discount Realtor is a discount real estate agent who provides real estate services at a reduced commission rate compared to traditional full-service agents and is a member of the local Board of Realtors.
A Board of Realtors is a professional organization of agents who share listing data through the MLS and promote and enforce a strict Code of Ethics that outlines professional standards and best practices for its members.
Members of a Board of Realtors are typically licensed real estate professionals who have completed the necessary training and certification requirements to become a Realtor. Realtors are held to a higher standard of ethics and professionalism than non-Realtor real estate professionals and are required to abide by the NAR Code of Ethics in their business practices.