|
Boards and Associations of REALTORS® are responsible for enforcing the
REALTORS® Code of Ethics. The Code of Ethics imposes duties above and in
addition to those imposed by law or regulation which apply only to real estate
professionals who choose to become REALTORS®.
Many difficulties between real
estate professionals (whether REALTORS® or not) result
from misunderstanding, miscommunication, or lack of adequate
communication. If you have a problem with
a real estate professional, you may want to speak with them
or with a principal broker in the firm. Open, constructive
discussion often resolves questions or differences, eliminating
the need for further action.
If, after discussing matters
with your real estate professional or a principal broker
in that firm, you are still not satisfied,
you may want to contact the local Board or Association of REALTORS®.
Many Boards and Associations have informal dispute resolving
processes available to consumers.
If after taking these steps,
you still feel you have a grievance, you may want to consider
filing an ethics complaint. You will
want to keep in mind that…
|
|
| • |
Only
REALTORS® and REALTOR-Associates are subject
to the Code of Ethics of the NATIONAL ASSOCIATION OF
REALTORS® |
| • |
If
the real estate professional (or their broker) you are
dealing with is not a REALTOR®, your only recourse
may be the state real estate licensing authority or the
courts. |
| • |
Boards
of REALTORS® can discipline REALTORS® for violating
the Code of Ethics. Typical forms of discipline include
attendance at courses and seminars designed to increase
REALTORS® understanding of the ethical duties or
other responsibilities of real estate professionals.
REALTORS® may also be reprimanded, fined, or their
membership can be suspended or terminated for serious
or repeat violations. Boards and Associations of REALTORS® cannot
require REALTORS® to pay money to parties filing
ethics complaints; cannot award “punitive damages” for
violations of the Code of Ethics; and cannot suspend
or revoke a real estate professional’s license. |
| • |
Can
help you objectively evaluate every buyer’s proposal
without compromising your marketing position. |
|
|
NEXT  Filling
an Ethics Complaint ...
PROCEED TO Online
ethics complaint form...
|
