The REALTORS®’ Code of Ethics was established in 1913 by the National Association of REALTORS®. It’s a set of rules that were established to raise the standards of professionalism and service in the real estate industry. The rules are divided into three areas: 1) a broker’s duties to his clients, 2) a broker’s duties to his fellow brokers and 3) a broker’s duties to the public. The current Code of Ethics contains seventeen articles.
Over its one hundred year history, the Code of Ethics has been amended and revised to keep up with the changing times. Local REALTOR® Associations are charged with enforcing the Code of Ethics and handing down punishment to those found to be in violation of one or more of the articles.
To keep REALTORS® up to date on the Code of Ethics, the National Association of REALTORS® requires all REALTORS® to take a training course on the subject every four years.
In recognition and appreciation of their obligations to clients, customers, the public, and each other, REALTORS® continuously strive to become and remain informed on issues affecting real estate and, as knowledgeable professionals, they willingly share the fruit of their experience and study with others.
Are you looking for a weekend or vacation retreat close to the Great Smoky Mountains National Park? If so; check this one out. You can soak up nature with its wooded setting as you enjoy the sounds of a mountain stream.
The number of applications for real estate licenses is up in many areas of the country due to the improving real estate market. The National Association of REALTORS® added 42,000 agents in 2013, which marked the first increase in about seven years.
If your are considering a career in real estate or are looking to return to the business, then click on the link below to find out more about Ferguson Realtors and what we can offer you to make your real estate career a success.
Move-in condition on this all brick two story home that’s located in the heart of Farragut. It’s situated on a large lot that offers a private backyard for your enjoyment. Check-out the video on this one: