Adapting to a New Term in Real Estate

In January of 1918 the National Real Estate Journal reported on use of the new word REALTOR® and efforts to educate the public about what it meant. The word was coined by Charles N. Chadbourn, vice-president of the National Association of Real Estate Boards and former President of the Minneapolis Real Estate Board. In 1916 Chadbourn sold the rights to the word to the National Association for one dollar.