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A REALTOR ® 's ethical obligations are based on moral integrity, competent service to clients and customers, and dedication to the interest and welfare of the public. The Code has been amended many times to reflect changes in the real estate marketplace, the needs of property owners and the perceptions and values of society.
May 6, 2021 · A 2014 study from the NAR — the real estate industry’s largest trade association — examined the racial and ethnic distribution of its 1.4 million+ real estate agent and broker members. Since 2005, those identifying as White/Caucasian made up an average of 86% of NAR’s members.
The real estate code of ethics is a set of standards and practices established by the National Association of Realtors (NAR), serving as a compass for real estate professionals such as real estate agents and realtors. It outlines the moral obligations and professional responsibilities that practitioners in the industry are expected to uphold.
- What Is The Code of Ethics in Real Estate?
- What Concept Is The Real Estate Code of Ethics Based on?
- Who Does The Real Estate Code of Ethics Protect?
- Who Is Bound by The NAR’s Code of Ethics?
The real estate Code of Ethics is a set of guidelines and principles established by the National Association of Realtors (NAR)to regulate the behavior and conduct of real estate professionals. The code is designed to promote the highest standards of professionalism and integrity in the real estate industry and to ensure that real estate agents and ...
The Code of Ethics in real estate is based on professionalism and ethical behavior in the real estate industry. The National Association of Realtors (NAR) developed the code to promote high standards of conduct among its members and to establish guidelines for fair and honest business practices. The code is based on several fundamental principles, ...
The Code of Ethics in real estate is designed to protect a variety of parties in the real estate industry, including: 1. Clients 2. Customers 3. Realtors 4. The public
The Code of Ethics is not just a set of guidelines; it is a binding agreement that all NAR members must adhere to to maintain their membership. This means that real estate agents and brokers who are members of the NAR must follow the Code of Ethics in their professional dealings and can face disciplinary action if they are found to have violated th...
Dec 15, 2020 · Article 1: Protect the best interests of the client. Article 2: No misrepresentation, exaggeration, or hiding facts about the property at hand. Article 3: Realtors® should cooperate with each other unless it’s not in the best interest of the client. Article 4-5: Disclose any personal interest in a property.
- Caroline Feeney
The Code of Ethics for real estate agents details how a real estate agent should deal with different parties, including: 1. Your Clients & Customers. It's your solemn duty to protect your customers' best interests while treating all parties involved in any given transaction in a fair, transparent, and honest manner.
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Jun 20, 2022 · A real estate agent who does everything legally and morally within their power to sell the home is a real estate agent who is getting the job done well. That’s a good thing! That’s a good thing! One thing that won’t fly according to the realtor’s code of ethics, however, is concealing information about the listing .
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