Replace Amount Field in the Code Of Ethics

Aug 6th, 2022
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How to Replace Amount Field in the Code Of Ethics

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[Music] [Music] i really appreciate tuning in today were going to talk about uh the realtor code of ethics article 10 specifically the recent changes that were made to article 10 by the national association of realtors ive got two very special guests with me today uh to join in on this conversation and to give us uh their oversight and insights into this realtors matt defanus and todd beckstrom matt is the co-owner of re max realty associates in champaign illinois matt was the 2020 chair of the nar professional standards committee todd beckstrom is a top producer with era wilder realty right here in south carolina hes based in columbia and was recently inducted into the era hall of fame congratulations todd he serves as a member of the scr board of directors and also as a member of the nar board of directors as well and todd also served on the nar professional standards committee under matts chairmanship last year so last summer as racial injustice made headlines across the country

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This means that Realtors cannot legally: Market to certain buyer demographics (i.e. This house would be great for families!) Deny equal professional services to people based on race, color, national origin, religion, sex, gender identity, sexual orientation, familial status, or disability.
The Code of Ethics consists of seventeen Articles and related Standards of Practice. The basic principles of the Code are summarized below. Please note that the following is not a substitute for the Code, but simply a general overview of the Codes key principles.
Generally, a code of ethics should include the six universal moral values, where you state that you expect an employee to be trustworthy, respectful, responsible, fair, kind, and good citizens. Honorable mentions include adding that your business celebrates diversity, green practices, and proper dress codes.
Keep the funds of clients and customers in escrow. Article 9: Assure, whenever possible, that transactional details are in writing.
Article XI: The Teacher as a Person A teacher is, above all, a human being endowed with life for which it is the highest obligation to live with dignity at all times whether in school, in the home, or elsewhere.
A new Standard of Practice under Article 10 was adopted: Article 10, Standard of Practice 10-5: REALTORS must not use harassing speech, hate speech, epithets or slurs based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity.
Is Jake in violation of Article 9? Yes. Jake failed to have the correction to the listing agreement initialed by June and he failed to give June a copy of the corrected listing agreement.
It is divided into three sections, and is underpinned by the five fundamental principles of Integrity, Objectivity, Professional competence and due care, Confidentiality, and Professional behaviour.

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