The Heart of the Profession The NAR Code of Ethics* lies at the heart of being a REALTOR®. Since its adoption in 1913, the Code has promoted time-honored principles that are generally defined as:

• Loyalty to clients
• Fiduciary duty to clients
• Cooperation with competitors
• Truthfulness in statements and advertising and non-interference in exclusive relationships that other REALTORS® have with their clients.

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The Code of Ethics of the National Association of REALTORS® is a document which is universally recognized by lawyers and laymen as the measure of professionalism in the real estate industry. It does not describe the lowest common denominator of permissible behavior as do the licensing laws of the state. Instead, it outlines the highest ideals of professional performance the public, and other REALTORS®, have a right to expect from REAL

The NAR Code of Ethics and Standards of Practice establishes ethical duties that all REALTORS® agree to follow as a condition of their membership. These duties provide a high level of service and professionalism to clients/customers and are the key factor separating REALTORS® from all other real estate practitioners.
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