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Code of Ethics

Code of Ethics and Professional Standards

Visit the National Association of REALTORS® website to access NAR's Code of Ethics, professional standards, and mediation resources.

REALTOR® Code of Ethics & Professional Standards


How does the Code of Ethics affect everyday real estate practices?

If a REALTOR® represents you, whether you are buying or selling a home, you can count on that REALTOR® to:

  1. Be honest with all parties in the transaction – not just with you, as his or her client, but also with the other real estate practitioner and his or her clients.
    For example, if REALTORS® represent a buyer with a spotty credit history, they can't be dishonest with sellers about this fact. At the same time, REALTORS® can help their buyer clients collect and assemble information, such as credit reports and audited tax returns, to demonstrate that the buyer has addressed the problem and improved their situation.

  2. Put your interests ahead of his or her own, at all times.
    A REALTOR® makes every effort to understand the housing needs of his or her client, thoroughly researches available inventory, and shares all relevant information with the buyer so that he or she can make an informed decision. This service is provided regardless of the compensation available.

  3. Disclose all pertinent facts regarding the property and the transaction to both buyer and seller.
    If a REALTOR® believes information provided by a seller is questionable, the REALTOR® is obligated to investigate. REALTORS® should recommend that buyers consult their own experts, such as home inspectors, to address concerns. For example, if a home seller asks his or her REALTOR® to conceal the fact that the roof leaks, the REALTOR® cannot comply; if the seller insists, the REALTOR® should end the business relationship with that seller.

  4. Be truthful in all communications with the public.
    When REALTORS® distribute newsletters, create Web sites, or place advertisements, they must be careful not to represent other real estate professionals' work product as their own. If recently sold or listed properties in the community are publicized, it must be clear whether the REALTOR® was actually involved in the transaction, or whether that data came from the local multiple listing service or other source. This ensures that the public understands the REALTOR®'s experience and can make an informed decision when choosing real estate representation.


REALTOR® Code of Ethics
NAR Code of Ethics and Professional Standards
Ethics Complaints, Arbitration Requests, and Related Information (NAR)
Ethics Complaints and Arbitration Requests (C.A.R.)
 
 

National Association of REALTORS (NAR)
NAR Approves New Personal Conduct Policy Addressing Discrimination
On November 13, the Board of Directors for the National Association of REALTORS voted in favor of a motion presented by NAR's Professional Standards Committee making it a violation for Realtors to use harassing or hate speech toward any of the protected classes under Article 10 of NAR's Code of Ethics. Those include race, color, religion, sex, handicap, familial status, national origin, sexual orientation and gender identity. The Professional Standards Committee recommendations come as NAR works to reaffirm its commitment to fair housing and position its members to lead America's real estate industry in the fight against discrimination and inequality.
DRE Addresses Risks of "Coming Soon" Advertising
In its 2018 Winter Real Estate Bulletin, the California Department of Real Estate (DRE) discusses the risks of "Coming Soon" marketing in an article titled "Be Sure to Maintain Fiduciary Responsibility for Your Client or Face Civil and Regulatory Liability," which includes the DRE's view of "best practices" for listing agents.
NAR Board Approves Drafting of Member Code of Excellence
As part of a wide-ranging set of recommendations to 'raise the bar' on REALTOR® professionalism, the NAR Board of Directors at its business meetings in New Orleans approved the drafting of a proposed aspirational Code of Excellence to be brought to the board at a future meeting for approval.
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