Tag Archives: ethics

IMPORTANT DEADLINE FOR REALTORS® – Get Your Ethics Course Completed!

The National Association of REALTORS® has moved their Code of Ethics requirement to a 2-year cycle ending December 2018.

By Jeff Sorg, OnlineEd Blog

(November 8, 2018)

(PORTLAND, Ore.) OnlineEd – REALTORS® are required to complete ethics training of not less than 2 hours, 30 minutes of instructional time within two-year cycles. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®. This current cycle began on January 1, 2017, and ends December 31, 2018.  Training must be repeated each cycle to help all members understand and follow NAR’s Code of Ethics and Standards of Practice.

OnlineEd has courses approved in many states to be used to satisfy the NAR requirement and for continuing education for license renewal. These courses emphasize the standards of ethical conduct in the practice of real estate based on the National Association of Realtors® Code of Ethics and Standards of Practice and on federal and state laws governing conduct applicable to the practice of real estate.

For more information about OnlineEd course offerings, please view the course catalog for your state at www.OnlineEd.com.

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OnlineEd blog postings are the personal opinion of the author and not intended as legal or other professional advice. Be sure to consult the appropriate party when professional advice is needed.

For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers visit www.OnlineEd.com.

All information contained in this posting is deemed correct as of the date of publication, but is not guaranteed by the author and may have been obtained from third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

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The Unethical Solocitation of Another REALTOR’s® Client

OnlineEd

OnlineEd – While it may be difficult to draw the line between ethical competition and cooperation, if all licensees kept in mind the adage “What goes around, comes around”, decisions about how to conduct oneself in a competitive situation would be easier to distinguish.

Article 16 of the REALTOR® Code attempts to define acceptable conduct with respect to protecting the agency relationship that exists between the REALTOR® and the client. In other words, the agency relationship established between the REALTOR® and the client must be respected by other REALTORS®.

Cooperation between REALTORS® representing opposing clients is encouraged, but any action that would interfere with agency relationships between the opposing REALTOR® and his client should be avoided. The Standards of Practice under Article 16 identify situations where the agency interference issue may arise. However, nothing in any of the Standards prohibits aggressive or innovative marketing or business practices that would otherwise be ethical. In other words, a REALTOR® cannot use Article 16 as a reason to allege that another REALTOR® is interfering in an agency relationship because of aggressive business practices. The intent of Article 16 is to prevent targeted communications, either verbal or written, where the target of the communication are those clients, whether a buyer or seller, who are known by the REALTOR® to be in an exclusive agency relationship with another REALTOR®.

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For more about the author, Jeff Sorg, please visit the OnlineEd Web site at www.OnlineEd.com

View Article 16 in its entirety at the NAR Website.