Code of Ethics and Standards of Practice of the National Association of REALTORS® Effective January 1, 2021. Most Articles have corresponding Standards of Practice that support and interpret the Article. In addition, Case Interpretations provided by NAR demonstrate the application of the Articles to particular situations. This Code of Ethics is comprised of a Preamble and 17 Articles. Read this case study, and decide whether you believe REALTOR Brian is in violation of Article 1. The Code is your assurance of dealing with a professional who has your best interests in mind. This course is a review of Articles 1, 2, and 3 of the REALTOR® Code of Ethics. REALTORS®, when acting as principals in a real estate transaction, remain obligated by 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®. You'll better understand the Ethics standards and be provided with the Ethics training required by the National Association of REALTORS®. If an exclusive agency agreement has been entered into, a REALTOR® working as a buyer’s agent may communicate with the seller only through the listing office. But in a number of instances the Code of Ethics goes above and beyond state law. Most Articles have corresponding Standards of Practice that support and interpret the Article. Duties to the Public Articles 10-14. Duties to REALTORS® Articles 15-17. Contacting a seller directly. Duties to Clients and Customers Articles 1-9. You'll better understand the Ethics standards and be provided with the Ethics training required by the National Association of REALTORS… In a matter of days, REALTOR® X learned that he had been charged with a violation of Article 12 of the Code of Ethics by REALTOR® A, the owner of ABC, REALTORS® , alleging that his (REALTOR® X’s) use of the domain name “abcREALTORS.com” presented a false picture to potential buyers and sellers and others on the Internet. (Amended 1/93) Standard of Practice 1-2 The duties imposed by the Code of Ethics encompass all real estate-related activities and transactions whether conducted in person, electronically, or through any other means. (Amended 1/93) • Standard of Practice 1-2 The duties imposed by the Code of Ethics encompass all real estate-related activities and transactions whether conducted in person, electronically, or through any other means. Do not hesitate to ask a Realtor® for a copy of the Code, including the Standards of Practice. (REALTORS® Code of Ethics, Article 4, Standard of Practice 4-1). Realtor®, when acting as principals in a real estate transaction, remain obligated by the duties imposed by the Code of Ethics. In addition, Case Interpretations provided by NAR demonstrate the application of the Articles to particular situations. This Code of Ethics is comprised of a Preamble and 17 Articles. This course is a review of Articles 1, 2, and 3 of the REALTOR® Code of Ethics. An Article 10 violation directly related to a real estate transaction is potentially within the scope of the PHRA and could be acted on by the state if an independent complaint is filed or if the association passes it on as a public trust violation. Code of Ethics Video Series Support Materials NATIONAL ASSOCIATION OF REALTORS® • Standard of Practice 3-7 When seeking information from another REALTOR ® concerning property under a management or listing agreement, REALTORS ® shall disclose their REALTOR ® status and whether their interest is personal or on behalf of the client and, if on behalf of a client, their representational Following is a case study taken from the National Association of REALTORS pertaining to Article 1 of the Code of Ethics. Where the word REALTORS® is used in this Code and Preamble, it shall be deemed to include REALTOR-ASSOCIATE®s.

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