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From real (in real estate) and -or. Coined by Charles N. Chadbourn in 1916, on the model of Latin agent nouns ending in -tor (such as actor, creator), to refer to real-estate professionals who are members of the National Association of Realtors, a trade association in the United States. Equivalent to realt(y) + -or.
Jacob Zimmerman v. Nat'l Ass'n of Realtors, Cancellation Nos. 92032360, 92040141, U.S. Patent and Trademark Office, Trademark Trial and Appeal Board (March 31, 2004), discussing the claim that "realtor" is a generic term, and including 10 dictionary definitions of the term (pp. 17-19).