Code of Ethic

[Pat57]

Any one from Illinois and use the MRED, it says we need to take the Code of Ethics, but I just have broker CE classes showing up. I took the code of ethics but it wants my broker license # anyone have any clear info on this? Thanks

 

[Bob Ipock]

Are you talking about the 4 hour NAR Broker Class? Appraisers who are members of local NAR boards and/or MLS have to take this class. This most be taken every 5 years I believe. The NAR actually has a CODE of ETHICS which is completely ignored by every broker member I have ever know. This is a feel good campaign so members can say they have a strict code of ethics. The NAR code of ethics is not mandated or enforced by any government agency. The Appraisers on the other hand have The ETHICS RULE out of USPAP which is mandated by the goverment agencies thta over see appraisers. It is MANDATORY that appraisers take the USPAP update every 2 years. Many appraisers who are disciplined have in some way violated some portion of The Ethics Rule.

 

[Jay Emmar]

My local board (Fox Valley) accepts proof that I took the USPAP 7-hour in lieu of the NAR ethics course

 

[Bob Ipock]

And the two have little or nothing in common.

 

[Terrel L. Shields]

Yep, a local MLS always required it because we were treated as Appraiser Realtor Members of the NAR.
The NE Oklahoma MLS only requires us to pay the dues and we are not required to join the NAR.

 

[andrew81]

i am a member of three different MLS and have never been asked to take any classes to become and/or continue to be member.

 

[Bob Ipock]

i am a member of three different MLS and have never been asked to take any classes to become and/or continue to be member.

It is not the MLS it is the National Association of Realtors (NAR) that requires this of their members. Different areas of the country handle things different ways but the Code of Ethics class is required by NAR.
You can take it online.

 

[Bob Ipock]

Code of Ethics Training

NAR provides free Code of Ethics training courses for new members and existing members. All three courses, as well as NAR's C2EX endorsement, fulfill NAR's Code of Ethics training requirement.

www.nar.realtor

 

[Bob Ipock]

nar code of ethics 2020 - Bing

1. 2020 Code of Ethics NAR's Board of Directors approved a change to the Code of Ethics training requirement, extending it from every two years to every three years. This extends the current cycle deadline from Dec. 31, 2020, to Dec. 31, 2021.

 

[andrew81]

interesting. i logged into my NAR account and it says this