What does NAR stand for in the real estate industry?

NAR stands for the National Association of Realtors, which is a prominent organization in the real estate industry. Established in 1908, it serves as a trade association for real estate professionals in the United States. The organization is well-known for promoting ethical practices among its members and establishing standards for professional conduct within the real estate profession. Membership in NAR provides access to a range of resources, educational opportunities, and networking possibilities, enhancing the capabilities and credibility of real estate agents and brokers.

The other choices do not reflect recognized organizations in the real estate field. The National Association of Residences and the National Agents Registry do not exist in the context of real estate, while the National Association of Real Estate, although similar-sounding, does not represent the comprehensive and established organization that NAR does.