KS 3.0 hours Doing The Right Thing - The Code Course Syllabus
3.0 Elective Hours
REALTORS® shall not make false or misleading statements about competitors and shall respect the exclusive representation or brokerage agreements others have with their clients. They also agree to submit contractual and specific non-contractual disputes to arbitration. This course reviews the responsibilities that you have to your fellow REALTORS®.
Article 15 covers the obligation to refrain from knowingly or recklessly making false or misleading statements includes other real estate professionals, their businesses, and their business practices.
Article 16 encompasses the idea of non-interference with agency and other exclusive relationships with other REALTORS®. Its primary concern is that a REALTOR® shall not engage in any practice or take any action which is inconsistent with the agency or other exclusive relationship that other REALTORS® have with clients.
Article 17 states that REALTORS® agree to submit contractual and specific non-contractual disputes to arbitration. In the event of contractual disputes or specific non-contractual disputes between REALTORS® associated with different firms, the parties shall mediate the dispute if the Board requires its members to mediate. If the dispute is not resolved through mediation, or if mediation is not required, REALTORS® shall submit the dispute to arbitration in accordance with the policies of the Board rather than litigate the matter.
Not only will this course review the Code of Ethics, but also covers the responsibilities a real estate professional must have to their fellow REALTORS®. This course is a great refresher for the seasoned real estate professional and a must have for the new licensee.