Professional Standards: Enforce REALTOR® Principles and Standards.
Professional Standards Tribunal Training:
Annually the Board offers a session for members interested in serving on the Professional Standards or Grievance Committees. The training covers the ethics and arbitration process for volunteers and highlights examples from the initial filing of a complaint to the appeal process. All members are encouraged and welcome to attend. Completion of this training qualifies you to serve on Pro Standards, Grievance, or Appeal Committees (panels that enforce the Code of Ethics and handle the arbitration of business disputes). Training is required every 2 years and includes the concepts of due process, hearing procedures, findings of fact, decision rendering and the Code of Ethics.
To find out our next scheduled Professional Standards Tribunal Training, visit our Events Calendar.
REALTOR Code of Ethics Obligations
The Code of Ethics establishes the foundation on how REALTORS® are to operate as professionals in the Real Estate Industry. Not every Real Estate Professional is a REALTOR®; only those who adhere to the 17 Articles of the Code of Ethics which defines a higher standard of professionalism and behavior in three categories: Duties to Customers and Clients, Duties to the Public, and Duties to other REALTORS®. By becoming a REALTOR®, members agree to the duties and responsibilities outlined in the Standards of Practice for each of the 17 Articles, and are subject to be sanctioned if found to be in violation of any article. We require that all REALTORS attend training on the Code at least once every two (2) years.
To find out our next scheduled Code of Ethics Training, visit our Events Calendar.
Downloadable Resources:
Please read the following Case Interpretation from the Code of Ethics regarding Article 3. Would you have found the REALTOR in violation, or not in violation of the Code? Case #3-7: Time at Which Modification to Offer of Compensation is Communicated is a Determining Factor REALTOR A listed Seller X’s home and entered the listing
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Each month, we’ll provide you with a case interpretation of an Article from the Code of Ethics and Standards of Practice of the National Association of REALTORS. Let us know what you think! Case #2-8 Misrepresentation Realtor A listed a motel for sale and prepared a sales prospectus setting out figures reporting the operating experience
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Each week, we’ll provide you with a case interpretation of an Article from the Code of Ethics and Standards of Practice of the National Association of REALTORS. Let us know what you think! Case #1-5: Promotion of Client’s Interests (Originally Case #7-6. Revised May, 1988. Transferred to Article 1 November, 1994.) Client A gave an
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Are you interested in learning more about the Code of Ethics processing of ethics complaints and arbitration matters? Are you a member of the Grievance Committee, Boards of Directors or the Professional Standards Committee who hasn’t attended training since 2016? Then this is the class for you! Sandy and Sue will guide you, with hands-on
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In the last REcap, we shared the Pathways to Professionalism: Respect for Peers. This week, we’d like to remind you about Respect for Property. We will feature one each week, or you can review all now online. These simple steps can help ensure that we are all helping to secure and safeguard the properties we
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The Code of Ethics of the National Association of REALTORS is what sets you, as REALTOR, apart from real estate licensees. By becoming a member, you have agreed to be bound by a higher standard of practice. In this post, we’ll read case study about Article 6, which covers commission, rebate or profit from expenditures
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Article 4 of the Code of Ethics of the National Association of Realtors®, covers the Realtors® responsibility, when buying or selling, to make their position in the transaction or interest known. Specifically, Article 4 reads as follows: Realtors® shall not acquire an interest in or buy or present offers from themselves, any member of their
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Article 3 of the Code of Ethics and Arbitration Manual of the National Association of REALTORS covers the REALTOR obligation to cooperate with other real estate professionals to advance the client’s best interests. The exact wording is as follows: Article 3 – REALTORS shall cooperate with other brokers except when cooperation is not in the
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Article 2 of the Code of Ethics and Arbitration Manual of the National Association of REALTORS® outlines your duties to Clients and Customers with respect to exaggeration, misrepresentation or concealment of pertinent facts relating to a property or transaction. Specifically, this Article states: REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to
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Article 1 of the Code of Ethics and Standards of Practice of the National Association of REALTORS® covers the basic obligation to treat all parties honestly. Specifically, here’s what Article 1 says: When representing a buyer, seller, landlord, tenant, or other client as an agent, REALTORS® pledge themselves to protect and promote the interests of
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