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Realtor® Code of Ethics

All Realtors® are members of the National Association of Realtors® and subscribe to NAR's strict Code of Ethics which governs their dealings with clients and customers, the public and with each other. Not all real estate licensees are Realtors®.

Consumers can feel confident that the Realtor® they choose to work with has taken the voluntary step of agreeing to abide by a code of ethics developed with public protection in mind. In addition, a Realtor® is subject to disciplinary action should a local association of Realtors® find him or her in violation of the Code of Ethics. The Code of Ethics of NAR consists of 17 Articles. The basic principles are summarized as follows:

Duties to Clients and Customers

Realtors® must:

  • protect and promote their client's interests while being honest with all parties. They do not reveal confidential information.
  • avoid exaggeration, misrepresentation or concealment of pertinent facts.
  • cooperate with other real estate professionals to advance their client's best interests.
  • when buying or selling, make their position or interest known.
  • disclose any present or contemplated interest in any transaction to all parties.
  • avoid "side deals" without their client's informed consent.
  • accept compensation from only one party, except with full disclosure and informed consent of their client.
  • keep funds of clients and customers in an escrow account.
  • ensure that transactional details are in writing.

Duties to the Public

Realtors® must:

  • provide equal service to all clients and customers.
  • be knowledgeable and competent in the fields of practice in which they ordinarily engage.
  • obtain assistance from a knowledgeable professional or disclose any lack of expertise to their client.
  • present a true picture in advertising and other public representations.
  • avoid the unauthorized practice of law.
  • be a willing participant in ethics enforcement procedures.

Duties to Realtors®

Realtors® must:

  • ensure their comments about other real estate professionals are truthful and not misleading.
  • respect the exclusive relationships of other Realtors®.
  • arbitrate contractual disagreements with other Realtors® and with their clients.

source: Minnesota Association of Realtors®


Candy Gulsvig - Broker - GRI - ePro®
Affinity Real Estate Inc
600 Park Avenue S
Park Rapids MN 56470

218-237-3333 office
218-237-3377 fax
218-255-0631 cell

©2019 Park Rapids Homes | Candy Gulsvig Broker | Licensed in Minnesota | Affinity Real Estate Inc

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