Which statement is correct regarding the Nat Assoc of Tealtors code of ethics?

What is the correct statement regarding the National Association of Realtors (NAR) Code of Ethics?

The correct answer is that all realtors agree to abide by the NAR Code of Ethics. This code is a guideline of professional conduct that each member of NAR pledges to observe.

NAR Code of Ethics

The National Association of Realtors (NAR) Code of Ethics sets forth a guideline of professional conduct that all realtors agree to follow. When individuals become realtors, they commit to upholding this code, which outlines standards and expectations for their behavior and interactions within the real estate industry.

Membership Privilege

Membership in NAR is a privilege that comes with the responsibility of adhering to the association's rigorous code of ethics and standards of practice. Realtors pledge to act with honesty, integrity, and fairness in all dealings with clients, customers, and other professionals.

Emphasizing Integrity

The NAR Code of Ethics places a strong emphasis on integrity as a core value in the real estate profession. By committing to the code, realtors demonstrate their dedication to maintaining the highest ethical standards in their work, which ultimately benefits both the industry and the consumers they serve.

Direct Outlines by NAR

The specifics of the NAR Code of Ethics are not found in Chapters 475.FS or 61J2F&C, but are instead directly outlined by the National Association of Realtors itself. This ensures that the code remains consistent and up-to-date to reflect the evolving needs and expectations of the real estate industry.

← What to do when a development team decides a retrospective is unnecessary Calculate future value with discount rate →