The NATIONAL ASSOCIATION OF REALTORS® was formed in 1908 and the Code of Ethics was adopted in 1913. The purpose of the Code was to establish a professional standard of conduct for real estate practitioners.
The REALTOR® Code of Ethics is based on the concepts of “service to the public,” and a “commitment to professionalism.” These central concepts of public protection are the foundations upon which the Articles of the Code stand.
The NATIONAL ASSOCIATION OF REALTORS® was one of the first business groups to adopt a code of ethics. The first Code included “duties to clients” and “duties to other brokers.” Later, when real estate license laws were established, many of these laws were based on the standards set in the REALTOR® Code of Ethics.
To this day, many judicial decisions cite the REALTOR® Code of Ethics as the recognized standard of conduct in the real estate industry. Courts have applied the standards of conduct embodied in the Code of Ethics even to real estate licensees who are not REALTORS®.
Code of Ethics: REALTORS must fulfill the NAR Ethics Training once every two years. This session will help you to handle difficult situations with proper ethical behavior. Includes new updated change to the code. This next cycle ends on December 31, 2018, all members must have taken this class at least once during this time, for more info or to see if you have already complied, please contact Carol Hinson at 704-776-4055.