code of ethics

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Last updated 3:33 PM on 3/30/26
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17 Terms

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article 1

protect and promote the client’s interests, and treat all parties honestly

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article 2

avoid exaggeration, misrepresentation, or concealment of pertinent facts

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article 3

cooperate with other brokers (unless not in the client’s best interest)

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article 4

disclose present or contemplated ownership interest in a property to all parties to the transaction in writing

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article 5

disclose present or contemplated interest in a property before providing professional or appraisal services for the property

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article 6

do not accept any commission, rebate, or profit on expenditures made for client without client’s knowledge and consent

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article 7

do not accept compensation from more than one party without disclosure and client’s consent

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article 8

maintain escrow accounts

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article 9

all contracts and agreements should be in writing using clear, understandable, and specific language

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article 10

do not deny equal professional services to any person for reasons of race, color, religion, sex, disability, familial status, national origin, sexual orientation, gender identity

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article 11

conform to standards and practices in various fields (residential real estate brokerage, real property management, etc) but do not offer services outside one’s field of competence

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article 12

be honest & truthful in communications, advertising, marketing, and other representations

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article 13

do not engage in unauthorized practice of law

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article 14

if facing a charge or asked to present evidence, present all pertinent facts

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article 15

do not make false or misleading statements about other real estate professionals

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article 16

do not interfere with exclusive representation agreements

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article 17

if there are disputes between Realtors, they must go through mediation/arbitration if required

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