Code of ethics
The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients’ best interests.
The Code of Ethics of the National Association of REALTORS® is a document which is universally recognized by lawyers and laymen as the measure of professionalism in the real estate industry. It does not describe the lowest common denominator of permissible behavior as do the licensing laws of the state. Instead, it outlines the highest ideals of professional performance the public, and other REALTORS®, have a right to expect from REALTORS®.
The National Association of REALTORS® adopted the Code of Ethics in 1913, following the professions of medicine, law, and engineering.
REALTORS® are real estate professionals who have chosen to join the National Association and abide by its strict Code of Ethics.
What does this mean to you? It means that 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.
The Code of Ethics is a detailed document that spells out the professional responsibilities of every REALTOR®.
Do not hesitate to ask a REALTOR® for a copy of the Code, including the Standards of Practice. The Code is your assurance of dealing with a professional who has your best interests in mind.
The Code of Ethics consists of 17 Articles and related Standards of Practice. The basic principles of the Code are summarized here.
National Association of REALTORS® Code of Ethics and Professional Standards Resources
The following link provides resources for NAR’s Code of Ethics, professional standards, and mediation at the national level.
https://www.nar.realtor/about-nar/policies/code-of-ethics-and-professional-standards
Arkansas REALTORS® Association Professional Standards Resources
The following link provides resources for ARA’s Professional Standards Resources, including ethics complaints and arbitration requests.