NAR Newsletter
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June 2007 |
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Realities is a monthly E-newsletter created especially for industry thought leaders and specialists by the National Association of REALTORS®. Write to us with your feedback and suggestions for future stories. To unsubscribe, click here. |
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ILC Bill Maintains the Separation of Banking and Commerce
The Industrial Bank Holding Company Act of 2007, H.R. 698, would close a significant loophole in the current law, enhance the regulation of the parent companies that own industrial loan companies (ILC), and reinforce the long-standing national policy separating banking and commerce. read more>>.
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House Passes GSE Reform Bill
The Federal Housing Finance Reform Act of 2007, H.R. 1427, overhauls the regulatory structure of the nation’s housing finance government-sponsored enterprises (GSEs). read more>>.
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Nation Celebrates Homeownership Month
June is National Homeownership Month, and NAR and state and local REALTOR® associations across the county will do their part to help raise awareness of homeownership and encourage more Americans to consider the benefits of owning their own home. read more>>.
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Code of Ethics
The National Association of REALTORS® adopted the REALTOR® Code of Ethics in 1913, following the professions of medicine, law, and engineering. REALTORS® are real estate professionals who have chosen to join NAR and abide by its strict Code of Ethics.
The Code of Ethics is a detailed document that spells out the professional responsibilities of every REALTORŪ. Any REALTOR® with whom you work has voluntarily agreed to abide by a Code of Ethics, based on professionalism and protection of the public. REALTORS® are subject to disciplinary action and sanctions if they violate the duties imposed by the Code of Ethics. |
What is Included in the Code of Ethics?
The Code of Ethics details every REALTOR®’s responsibility to clients and customers, the public and other REALTORS®. read more>>.
What Does the Code of Ethics Mean for Consumers?
The Code of Ethics provides ensures that consumers are working with a professional who has their best interests in mind. read more>>.
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REALTORS® protect and promote their clients’ interests while treating all parties honestly.
REALTORS® refrain from exaggeration, misrepresentation, or concealment of pertinent facts related to property or transactions.
REALTORS® are knowledgeable and competent in the fields of practice in which they engage. They also may get assistance from a knowledgeable professional, or disclose any lack of expertise to their client.
REALTORS® are accurate in their advertising and in other public representations.
Source: National Association of REALTORSŪ, “Code of Ethics”
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© Copyright NATIONAL ASSOCIATION of REALTORS®
Headquarters: 430 North Michigan Avenue, Chicago, IL 60611
DC Office: 500 New Jersey Avenue, NW, Washington, DC 20001-2020
1-800-874-6500
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