The Code of Ethics: A Commitment to the Public The Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS® is the promise to the public that when dealing with a real estate agent that is a REATOR®, you can expect honest and ethical treatment in all transaction related matters. Only REALTORS® pledge to abide by the Association’s Code of Ethics and only REALTORS® are held accountable for their ethical behavior. Some of the basic principles of the Code of Ethics include:
- Protect and promote the client’s interests, but be honest with all parties
- Avoid exaggeration, misrepresentation, and concealment of pertinent facts. Do not reveal facts that are confidential under the scope of your agency relationship
- Disclose present or contemplated interest in any property to all parties
- Avoid side deals without your client’s confirmed consent
- Accept compensation from only one party, except with full disclosure and informed consent
- Keep the funds of clients and customers in escrow
- Assure, whenever possible, that transactional details are in writing
- Provide equal service to all clients and customers
- Be knowledgeable and competent in the fields of practice in which you ordinarily engage. Obtain assistance or disclose lack of experience if necessary
- Do not engage in the unauthorized practice of law
For more information, consult the complete Code of Ethics from the National Association of REALTORS.
