10.4 Code of Ethics

Ethics are governing moral values. Ethics comes down to what is considered as being fair and right. Most ethics systems are based upon the principle that one should treat others fairly and be treated fairly by others. Ethical considerations are of extreme importance in the real estate industry and to the Company. The Company adheres to a strict code of ethics and behavior outlined by the National Association of REALTORS®, State Business and Professions Codes, State Real Estate Commissioner’s Regulations, and the Company’s internal code of ethics.

The real estate industry is largely self-governed through the National Association of REALTORS® and its adopted Code of Ethics and Standards of Practice (the "Code"). The Code is a written system of standards for ethical conduct. It also contains statements designed to advise, guide, and regulate job behavior. The local affiliates of the National Association of REALTORS® have been given the authority to enforce the Code through education and training, and by addressing complaints arising from the public or its members regarding alleged violations of the Code by a member. All Associates of the Company are required to read and adhere to the NAR Code of Ethics. This can be reviewed at this website.

https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/2021-code-of-ethics-standards-of-practice (opens in a new tab)

Professional Conduct: All Company licensees, while acting in their capacity as real estate licensees, shall not engage in any conduct which would subject the licensee to disciplinary action under applicable State licensing and administrative laws, business and professions codes, statutes or chapters.

State Real Estate Commissioner’s Regulations: The Commissioner of each State’s Real Estate department is empowered to adopt regulations for the administration and enforcement of the Real Estate Law. These regulations have the authority and force of the law itself. All Associates of the Company are required to read and adhere to the State Real Estate Commissioner’s Regulations. (See your State Real Estate Commissioner’s Regulations website.