By Toby Boyce
According to Dictionary.com, one definition is that ethics are “the rules of conduct recognized in respect to a particular class of human actions or a particular group, culture, etc.”
As members of the National Association of REALTORS®, practitioners agree to abide by the Code of Ethics as established by the organization, and are bound by state and federal statutes that keep the business from descending into chaos.
But who is minding the gates when it comes to enforcing ethics? Local boards are often overworked and understaffed and the smaller boards are “offices of one” that are struggling just to keep the place running. NAR has too many practitioners (1.2 million members) to even consider this type of monitoring throughout the program. Ultimately, REALTORS® have to self-regulate our own industry. The practitioners are the ones in the fire every day.
However, are we doing anything with this? Continue reading »