Code of Ethics & Standards of Conduct 2024

25 Apr

4.25.24 Code of Ethics & Standards of Conduct

4.25.24 Code of Ethics & Standards of Conduct

Thursday, April 25, 2024 (9:00 AM to 12:00 PM)

HCC Ballroom, Charlottesville, Virginia

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This comprehensive course delves into the intricate relationship between the National Association of REALTORS® (NAR) Code of Ethics and the intricate framework of Virginia's license law. It places a particular emphasis on elucidating that the provisions outlined in NAR's Code of Ethics, which may not seamlessly align with the regulations of the Commonwealth of Virginia, do not apply to Real Estate Board licensees operating within the state.

The course meticulously categorizes these pertinent articles into three distinct sections, ensuring a systematic and accessible approach to understanding the intricacies of ethical practice:

• Duties to Clients and Customers: This section elucidates the ethical obligations that real estate professionals owe to their clients and customers, shedding light on the nuances of client-agent relationships.

• Duties to the Public: Here, the course explores the ethical responsibilities real estate practitioners bear toward the broader public, underscoring the importance of transparency and fair dealings in all transactions.

• Duties to Fellow REALTORS®: This section examines the ethical obligations real estate professionals have towards their peers within the industry, emphasizing the principles of professionalism, cooperation, and respect.

The course highlights key provisions in Virginia's standards, including disclosures, competency, advertising, and dispute resolution.
Additionally, it differentiates the burden of proof in ethics hearings ("clear, strong, and convincing") from arbitration ("preponderance of the evidence").

In sum, this course equips real estate professionals with a comprehensive understanding of the intricate interplay between NAR's Code of Ethics and Virginia's license law. It empowers them to navigate these complex regulations, ensuring not only ethical compliance but also the highest level of professionalism in their real estate endeavors within the state.

HCC Ballroom - Ballroom
HCC Ballroom (Ballroom)
550 Hillsdale Dr.
Charlottesville, VA 22901

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Central Virginia Real Estate School (CVRES) reserves the right to cancel any classes, for which a full refund will be provided for paid registrants. Registrants may cancel any CVRES class registration via the portal at any time, however a cancelation fee of $10 will apply. There are no refunds or transfers to another class for no-shows.