Realtor Code of Ethics

What is YOUR perception of Realtors?

There are many stories that fall on either side of the ethical divide, and it seems we always know of a story where the transaction harmed a buyer or seller, and someone got sued.

The 2016 Edition of the National Association of Realtors Code of Ethics and Standards of Practice consists of 17, yes, SEVENTEEN articles concerning the appropriate conduct of Realtors in managing their businesses.

Just in the first two paragraphs of the Preamble to the Code it is clear that Realtors are expected to conduct themselves at the highest moral level.

Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization. Realtors® should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and farms, and the preservation of a healthful environment.

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Such interests impose obligations beyond those of ordinary commerce. They impose grave social responsibility and a patriotic duty to which Realtors® should dedicate themselves, and for which they should be diligent in preparing themselves. Realtors®, therefore, are zealous to maintain and improve the standards of their calling and share with their fellow Realtors® a common responsibility for its integrity and honor.

There are five more paragraphs to the Preamble before we even get to Article 1. So I will present the Code little by little so as to make it easily digestible and understood. It’s important to me that the Public be educated about what being a Realtor means.