LegalLife Real Estate Guides

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Commonly Asked Questions about LegalLife Real Estate Guides

Which rules should REALTORS use as a guide for making ethical decisions?

For example, the preamble to the National Association of REALTORS Code of Ethics includes the golden rule, whatsoever ye would that others should do to you, do ye even so to them. Its members pledge to use the golden rule as a guide in their ethical practices to fulfill their duties to clients and customers.

How do I look like a professional real estate agent?

Maintain a Professional Appearance A real estate agent is a professional career, and your attire should reflect this level of accomplishment and expertise. Traditional options include dress pants or slacks, blazers, cardigans, and blouses or shirts. Unless you work in a farm community, reserve jeans for free time.

What guides real estate licensees behavior?

In practice, Realtors are required to abide by the Code of Ethics as a way of doing business. The standard of conduct applies in a Realtors dealings with: Their clients and customers: Its their duty to protect their clients best interest, but treat all parties involved in a transaction honestly.

What are the ethical behavior of a real estate agent?

act fairly, honestly, in good faith and to the best of their knowledge and ability at all times. act in their clients best interests, except if it would be unlawful, unreasonable, improper or against their clients instructions.

What type of personality should a real estate agent have?

An Engaging Personality A good real estate agent doesnt just sell properties they sell themselves. Its important to show your real personality. People will respond to you if you have a great attitude, are personable and honest, have confidence in your abilities, and are interested in helping them and others.

What is unethical realtor behavior?

Shady Practices: Common Unethical Real Estate Behaviors. Dual Agency: Conflicts of Interest. Discrimination: Flouting the Fair Housing Act. Referral Kickbacks: Undermining Trust and Transparency. Practicing without a Valid License: The Dangers of Unqualified Agents.