Strict Code of Ethics Guides RealtorsWed, August 14, 2013
Did you know that part of your RE/MAX real estate agent’s education includes ethics training?
The National Association of Realtors, or NAR, is a trade organization that all U.S. RE/MAX agents belong to. NAR requires its members to know and adhere to the NAR Code of Ethics. This extensive body of regulations celebrates its 100th anniversary this year.
In fact, NAR requires agents to complete a two-and-a-half hour Code of Ethics course every four years. The repeat training ensures that agents are familiar with the code’s newest provisions, because the regulations are reviewed annually and often amended to reflect the market’s ever-changing realities.
The code is comprehensive and detailed, but it has one specific goal in mind: It offers guidance to protect clients, the real estate community and the reputation of the industry as a whole. Among its many provisions, the code requires agents:
• To protect and promote clients’ interests while treating all parties honestly
• To refrain from exaggeration, misrepresentation, or hiding of important facts
• To make sure that contract details are spelled out in writing
• To be truthful in their advertising and marketing
An agent who is a NAR member is very familiar with these regulations and is also trained to handle today’s complex transactions ethically.
There are many reasons for choosing a RE/MAX professional; familiarity with, and adherence to, the Code of Ethics is very much one of them.
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