NAR Implementation Guide for Code of Ethics Changes
Louisiana REALTORS • December 28, 2020
Source: National Association of REALTORS®
View COE Implementation Guide
The National Association of REALTORS® Board of Directors approved changes to the Code of Ethics and Professional Standards policies
on November 13, 2020. The new or amended policies can be grouped into three broad categories:
- Changes to the Code of Ethics’ applicability to a REALTOR®’s activities;
- A new Standard of Practice under Article 10 prohibiting discriminatory speech and conduct; and,
- Revisions to the definition of “Public Trust”.
The full text of the changes, along with a comprehensive FAQ, can be found on the Code of Ethics and Professional Standards Policies page.
After receiving lots of feedback, insights and questions from leaders and members, NAR has put together an implementation guide to review the changes, address common areas of concern and confusion, and provide helpful resources.
Additionally, NAR has been hosting monthly training sessions to provide guidance and an opportunity to ask questions of their policy experts. Click here to learn more and register for the upcoming sessions.
As previewed last week, NAR is pleased to share the latest consumer guide focused on buying land and building a new home. This guide covers how to find land for sale, explains construction loans, and weighs the pros and cons of building a custom home. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Buying Land and Building a New Home Deeds and Titles Alternative Listing Options Navigating Multiple Offers Homeowners Associations Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property title theft.
Negotiating a real estate deal can be overwhelming, especially for buyers who don’t have experience with the process. Here are five key negotiation strategies smart buyers use—and how working with a REALTOR® provides a competitive edge.
As previewed last week, NAR is pleased to share the latest consumer guide focused on deeds and titles. This guide covers the difference between a deed and a title, common types of deeds, and title searches and insurance. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Deeds and Titles Alternative Listing Options Navigating Multiple Offers Homeowners Associations Marketing Your Home Thank you for continuing to engage with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover buying land / constructing a new home.
