From NAR: These practice changes result in revisions to the MLS policy handbook which are summarized below. The revised policies will go into effect on August 17, 2024. A more detailed explanation of each practice change is available on facts.realtor. Our settlement requires NAR to implement the practice changes no later than the date of… Continue Reading NAR: MLS Upcoming 8/17/24 Update
https://www.nar.realtor/advocacy/advocacy-scoop-podcast/what-has-nar-advocacy-done-for-me-lately-part-2 The Advocacy Scoop Podcast from NAR The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of… Continue Reading NAR Advocacy Podcast – three podcasts posted, here is the latest as of 5/13/24
Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. As these changes pertain to the code of ethics, however, they will… Continue Reading Housing Wire on NAR Board’s Ethics Recommendation to the 11/24 NAR Delegate Body for 1/25 Update to the NAR COEAM
NAR Ethics Article #4: Realtors shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner’s… Continue Reading NAR PSC to NAR BOD 5/24 to NAR Delegate Body 11/24 for January 2025 Ethics Update
Welcome to the Advocacy Scoop, the only podcast that takes you inside the advocacy work of the National Association of REALTORS®. We’ve turned one of our most popular conference sessions into a new, monthly podcast hosted by Chief Advocacy Officer Shannon McGahn and Director of Advocacy Communications Patrick Newton. Now you can stay up to… Continue Reading NAR Resources: DC Legislative Podcast, ABR free to Current Members, Settlement Info, Other
From NAR: Ahead of our upcoming REALTORS® Legislative Meetings in Washington, D.C., we wanted to share key details of the required practice changes under our Settlement Agreement. These practice changes result in revisions to the MLS policy handbook which are summarized below. The revised policies will go into effect on August 17, 2024. A more… Continue Reading NAR Update on MLS Updates
https://www.sccourts.org/opinions/HTMLFiles/SC/28201.pdf SC Sup Ct reverses SC Ct of Appeals on arbitration. The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who… Continue Reading SC Supreme Ct Reverses SC Ct of Appeals
If you are interested in REALTOR® professional standards, ethics, arbitration, mediation, and or ombudsman, or you serve as a member of the professional standards committee or grievance committee or as a mediator/ombudsman; please begin and continue your self education program at this link over time: https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/educational-resources The National Association of REALTORS® is America’s largest trade… Continue Reading Professional Standards, Ethics, Arbitration, Mediation, Ombudsman: Educate Yourself
Article 6 REALTORS® shall not accept any commission, rebate, or profit on expenditures made for their client, without the client’s knowledge and consent. Article 7 In a transaction, REALTORS® shall not accept compensation from more than one party, even if permitted by law, without disclosure to all parties and the informed consent of the REALTOR®’s… Continue Reading NAR Code of Ethics Excerpts on Compensation
Misconduct and Redress SECTION 40-57-710. Grounds for denial of issuance of license or for disciplinary action against licensee. (A) In addition to Section 40-1-110, the commission may deny issuance of a license to an applicant or may take disciplinary action against a licensee who: License Law: (28) allows or creates an unreasonable delay in the… Continue Reading License Law on Compensation Excerpts