Ethics in Real Estate

The NATIONAL ASSOCIATION OF REALTORS^® adopted the Code of Ethics in 1913, following the professions of medicine, law, and engineering. REALTORS^® are real estate professionals who have chosen to join the National Association and abide by its strict Code of Ethics.

What does this mean to you? It means that any REALTOR^® with whom you work has voluntarily agreed to abide by a Code of Ethics, based on professionalism and protection of the public. REALTORS^® are subject to disciplinary action and sanctions if they violate the duties imposed by the Code of Ethics. The Code of Ethics is a detailed document that spells out the professional responsibilities of every REALTOR^®. Do not hesitate to ask a REALTOR^® for a copy of the Code, including the Standards of Practice. The Code is your assurance of dealing with a professional who has your best interests in mind. The Code of Ethics consists of seventeen Articles and related Standards of Practice. The basic principles of the Code are summarized below. Please note that the following is not a substitute for the Code, but simply a general overview of the Code’s key principles. For additional information about the Code of Ethics and its enforcement, speak with a REALTOR^® or contact the local association of REALTORS^® nearest you.

As a member of the National Association of REALTORS, I am bound by our code of ethics which you can find at:

http://www.realtor.org/mempolweb.nsf/pages/Code?OpenDocument

There are rules pertaining to: Disclosure of agency, financial arrangements, following the law of the land, marketing practices, negotiation methods, how clients are charged for services, how offers are presented, confidentiality, and more.  All of these rules are intended to protect your interest.