Deltona FL Homes for Sale

Code of Ethics


 

REALTORS!’ Pledge of

Performance and Service

THE NATIONAL ASSOCIATION OF REALTORS!

adopted the Code of Ethics  in 1913, following the

professions of medicine, law, and engineering.

REALTORS! are real estate professionals who have

chosen to join the National Association and abide by its

strict Code of Ethics.

What does this mean to you? It means that any

REALTOR! with whom you work has voluntarily agreed

 to abide by Code of Ethics  based on professionalism and

protection of the public.

REALTORS! are subject to disciplinary action and

sanctions if they violate the duties imposed by the Code of Ethics

The Code of Ethics  is a detailed document that spells

out the professional responsibilities of every REALTOR

Do not hesitate to ask a REALTOR! for a copy of

the Code, including the Standards of Practice. The

Code  is your assurance of dealing with a professional

who has your best interests in mind.

The Code of Ethics  consists of seventeen Articles and

related Standards of Practice. The basic principles of the

Code are summarized below.

Please note that the following is not a substitute for the

Code, but simply a general overview of the Code's key 

 principles. For additional information about the Code of

Ethics  and its enforcement, speak with a REALTOR! or

contact the local association of REALTORS! nearest you.

 

 

Duties to Clients and Customers

! Article 1 !

REALTORS! protect and promote their clients’ interests

while treating all parties honestly.

! Article 2 !

REALTORS! refrain from exaggeration,

misrepresentation, or concealment of pertinent facts

related to property or transactions.

! Article 3 !

REALTORS! cooperate with other real estate

professionals to advance their clients’ best interests.

! Article 4 !

When buying or selling on their own account or for their

families or firms, REALTORS! make their true position

or interest known.

! Article 5 !

REALTORS! do not provide professional services where

they have any present or contemplated interest in property

without disclosing that interest to all affected parties.

! Article 6 !

REALTORS! disclose any fee or financial benefit they

may receive from recommending related real estate

products or services.

! Article 7 !

REALTORS! receive compensation from only one party,

except where they make full disclosure and receive

informed consent from their client.

! Article 8 !

REALTORS! keep entrusted funds of clients and

customers in a separate escrow account.

! Article 9 !

REALTORS! make sure that contract details are spelled

out in writing and that parties receive copies.

 

Duties to the Public

! Article 10 !

REALTORS! give equal professional service to all clients

and customers irrespective of race, color, religion, sex,

handicap, familial status, or national origin.

! Article 11 !

REALTORS! are knowledgeable and competent in the

fields of practice in which they engage or they get

assistance from a knowledgeable professional, or disclose

any lack of expertise to their client.

! Article 12 !

REALTORS! paint a true picture in their advertising and

in other public representations.

! Article 13 !

REALTORS! do not engage in the unauthorized practice

of law.

! Article 14 !

REALTORS! willingly participate in ethics investigations

and enforcement actions.

Duties to REALTORS!

! Article 15 !

REALTORS! make only truthful, objective comments

about other real estate professionals.

! Article 16 !

Respect the exclusive representation or exclusive

brokerage relationship agreements that other

REALTORS! have with their clients.

! Article 17 !

REALTORS! arbitrate financial disagreements with other

REALTORS! and with their clients.

 

Steve Keener