Colorado Real Estate Continuing Education - COLORADO Approved School: RealEstateCE.com
CO 4.0 hours Doing The Right Thing - The Code Course Syllabus
4.0 Elective Hours
The National Association of REALTORS® was formed in 1908, at a time when there were no license laws. The real estate industry did not enjoy a very appealing reputation. On the contrary, the industry had history of speculation, exploitation, and general lack of order and supervision. There was a pervasive attitude of caveat emptor or let the buyer beware.
The Code of Ethics was adopted in 1913. It was intended to establish a professional standard of conduct for all REALTORS®. Ironically, the Code of Ethics became the ultimate basis for real estate license laws. Time after time, today's judicial decisions cite the Code as the established standard of conduct for real estate practitioners. Numerous cases, many published on the internet, show how the courts have applied the standards of conduct established in the Code of Ethics even to real estate licensees who are not members of NAR.
The Code of Ethics was adopted in 1913, intended to establish a professional standard of conduct for all REALTORS®. The NAR® was one of the first business organizations to create a code of ethics. The Code was ahead of its time and still stands as an icon in the realm of business ethics. This course reviews the NAR code of ethics and is a must have for the real estate professional.