What is needed to comply with the NAR Code of Ethics Requirement?
A. NAR implemented a Code of Ethics training policy on January 1, 2001, which requires quadrennial ethics training under two different schedules, depending on when an individual’s NAR membership began. Those who were REALTORS® before January 1, 2001 must complete a NAR-approved course sometime before December 31, 2004. The next deadline for this group will be December 31, 2008, and so on. Members who joined after January 1, 2001 must take a Code of Ethics orientation course during the provisional membership period. After completion, this group is subject to the next, full quadrennial cycle, which is from January 1, 2005 through December 31, 2008. In this way, new members are phased into the same ethics training schedule as existing members.
Related Questions
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