This course has been developed to meet the NAR Code of Ethics training requirements.
The NAR Code of Ethics, which is similar in nature to the Code of Professional Responsibility to be followed by all lawyer, was enacted in July 1913 by the NATIONAL ASSOCIATION OF REALTORS® and must be followed by all REALTORS®. Adherence to the Code is a great bond between REALTORS® throughout the country. The Code is the only self-imposed national regulation of the real estate profession. By crossing all state lines, it creates an environment in which interstate cooperation is possible. The Code should be distinguished from the "law" as made by the courts or legislatures and from the "Regulations" promulgated by the Real Estate Commission. However, all three have a common thread: they are designed to protect. They also help each REALTOR® be able to anticipate future behavior: how we and everyone else ought to act.
Course Topics include:
- Princess Story - A fictional story used to illustrate ethical situations / decisions
- Ethical behavior
- Code of Ethics and Standards of Practice
- Process for Enforcing the Code of Ethics
- Case Studies
- Pathways to Professionalism
The course contains numerous multiple choice quizzes, exercises requiring brief written responses to ethical situations, and a final multiple choice exam.