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Ethics Articles

Accepted Offers Must Be Disclosed

If you start by identifying whether an offer is accepted or not yet accepted, you’ll understand the different obligations under the Code and MLS rules.

September 18, 2012
Bruce Aydt

Brokers Must Verify Compensation Terms

Article 3 of the Code of Ethics does not inherently guarantee payments for working with listing brokers.

July 18, 2012
Bruce Aydt

What to Disclose Amid Multiple Offers?

Know what to disclose amid multiple offers.

January 1, 2012
Bruce Aydt

Disclose All Contractor Referral Fees

When should you disclose contractor referral fees?

October 1, 2011
Bruce Aydt

Is a Potential Short Sale a 'Pertinent Fact'?

A reader writes in to ask what the Code has to say about disclosing the possibility of a short sale in the future.

July 1, 2011
Bruce Aydt

Get Offers in Writing 'Whenever Possible'

Why do some real estate practitioners and buyers insist on presenting offers verbally? Shouldn’t all offers and counteroffers be in writing? Is presenting an oral offer a violation of the NATIONAL ASSOCIATION OF REALTORS® Code of Ethics?

June 1, 2011
Bruce Aydt

How to Disclose Ownership Interest

Question: I am a part owner of a property that I am listing. Must I include a statement that discloses my ownership interest in the property in the MLS and print ads or on the For Sale sign?

Answer: Both the Code of Ethics and most state license laws establish requirements for disclosure of personal interest when buying or selling. The Code...

March 1, 2011

The Code Meets Today’s Realities

The REALTOR® Code of Ethics is a dynamic, living document that guides our professional activities and our relationships with other practitioners. Here’s a look at some of the changes for 2011.

January 1, 2011
Dominic Cardone

Freebies OK if Terms Are Clearly Disclosed

Is it OK to advertise a free home warranty or $500 back at closing in order to attract more clients? What are the restrictions, if any?

October 1, 2010
Bruce Aydt

Must I Disclose My Client Relationship?

Find out the disclosure requirements for when your clients are family members.

September 1, 2010
Bruce Aydt

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