Q: What is the Code of Ethics?

A: The following is taken from the Preamble from the National Association of REALTORS® Code of Ethics:

“The term REALTOR® has come to connote competency, fairness, and high integrity resulting from adherence to a lofty ideal of moral conduct in business relations. No inducement of profit and no instruction from clients ever can justify departure from this ideal.

In the interpretation of this obligation, REALTORS® can take no safer guide than that which has been handed down through the centuries, embodied in the Golden Rule. “Whatsoever ye would that others should do to you,  do ye even so to them.”

Accepting this standard as their own, REALTORS® pledge to observe its spirit in all of their activities whether conducted personally, through associates or others, or via technological means, and to conduct their business in accordance with the tenets set forth in the Code of Ethics.”

There are 17 Articles in the Code of Ethics that pertain to duties to clients and customers, duties to the public and duties to other REALTORS®.

You can view the REALTOR Code of Ethics at – Code of Ethics

Find more common real estate questions and answers in the Desktop Reference Guide!

The Minnesota Association of REALTORS® is the largest professional trade association in the state with more than 17,000 members who are active in all aspects of the real estate industry.

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