Using the term "Realtor" without the right to do so can result in what consequence?

Using the term "Realtor" without proper authorization can lead to significant consequences, including the loss of a real estate license. The term "Realtor" is a registered trademark owned by the National Association of Realtors (NAR), and it may only be used by members who have met specific criteria and are dues-paying members of that organization. When individuals use the term inaccurately or without the appropriate membership, it misleads the public about their qualifications and can be considered a violation of ethical standards.

The regulatory authorities closely monitor the use of this term to maintain professionalism within the real estate industry. In cases of misuse, disciplinary actions can escalate to losing one's real estate license, effectively prohibiting the individual from legally engaging in real estate transactions. This safeguard helps protect consumers and upholds the integrity of the profession. Thus, the consequence of losing the license underscores the seriousness of adhering to trademark regulations and ethical practices within the industry.