NAR Implementation Guide for Code of Ethics Changes
Louisiana REALTORS • December 28, 2020
Source: National Association of REALTORS®
View COE Implementation Guide
The National Association of REALTORS® Board of Directors approved changes to the Code of Ethics and Professional Standards policies
on November 13, 2020. The new or amended policies can be grouped into three broad categories:
- Changes to the Code of Ethics’ applicability to a REALTOR®’s activities;
- A new Standard of Practice under Article 10 prohibiting discriminatory speech and conduct; and,
- Revisions to the definition of “Public Trust”.
The full text of the changes, along with a comprehensive FAQ, can be found on the Code of Ethics and Professional Standards Policies page.
After receiving lots of feedback, insights and questions from leaders and members, NAR has put together an implementation guide to review the changes, address common areas of concern and confusion, and provide helpful resources.
Additionally, NAR has been hosting monthly training sessions to provide guidance and an opportunity to ask questions of their policy experts. Click here to learn more and register for the upcoming sessions.
NAR is sharing its latest consumer guide, Seller Handoff Checklist . Sellers can create a smooth transition for the new owners using the new one-page guide. It offers a handy checklist of information and resources that sellers can pass along—from appliance manuals to paint colors to garbage pickup schedules—as well as suggestions for goodwill gestures that will help buyers feel they made a great purchasing decision. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow up to two weeks for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Seller Handoff Checklist Defining Home Buying Needs vs. Wants 10 Tips For Unpacking Smartly After A Move UPDATED: Multiple Listing Services Overcoming Roadblocks to a Sale or Purchase Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their home buying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Check out the next consumer guide on condominium insurance.
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