CODE OF ETHICS DEMYSTIFIED
BY GREG HAAS | REPRINTED BY C.A.R. WITH PERMISSION
A. Duties to Clients/Customers (Articles 1-9)
Article 1. Fiduciary Duties, Agency:
Put your client first.
Article 2. Disclosure Issues:
Exaggeration, misrepresentation, concealment.
Article 3. Cooperation & Compensation:
REALTORS® shall not misrepresent availability to show.
Article 4. Self dealing:
Disclose you are licensed.
Article 5. SELF DEALING:
Prior to rendering opinion of value or other service, inform seller of your interest to purchase.
Article 6. SELF DEALING:
No secret profit.
Article 7. Dual Compensation:
Disclose to all; client consent.
Article 8. Trust Account Records:
Article 9. Clear written documentation:
Give copy at signing.
B. DUTIES TO THE PUBLIC (ARTICLES 10-14)
Article 10. Fair housing:
Provide equal professional services and information.
Article 11. Professional Competency:
Meet the standard of care for each specialization in which you provide service.
Article 12. Truth in Advertising:
True and accurate picture.
Article 13. Unauthorized PRACTICE of law:
Just don’t do it!
Article 14. Duty to Cooperate with Professional Standards:
REALTORS® must cooperate with Professional Standards proceedings.
C. DUTIES TO REALTORS® (ARTICLES 15-17)
Article 15. Disparaging Competitors:
False or misleading statements.
Article 16. Interference in Agency/Client Relationship:
Interference in agency/client relationship of another REALTOR®.
Article 17. Duty to Arbitrate Commission Disputes: