REALTORS® must adhere to a Code of Ethics and Standards of Practice that is put forth by the National Association of REALTORS® (NAR) and enforced by the GKAR Professional Standards Committee. It contains duties above and in addition to those imposed by law or regulation which apply only to real estate professionals who choose to become REALTORS®.
As a REALTOR® Member, you are required by the National Association of REALTORS® (NAR) to complete one Code of Ethics Training during each three-year cycle. REALTORS®, including Appraiser Members, are required to complete ethics training of not less than 2.5 hours of instructional time. The training must meet specific learning objectives and criteria established by NAR.
One of the defining differences between you, a REALTOR®, and other real estate professionals, is your adherence to the NAR Code of Ethics. As a REALTOR®, you conduct your business duties above and in addition to those imposed by law or regulation.
Mandatory ethics training for REALTOR® Members was first established by the NAR Board of Directors at the 1999 Annual Convention. The Code of Ethics training encourages REALTORS® to view their Code of Ethics as a living, viable guide in their daily dealings with clients, customers, and the public, heightens awareness of the key tenets of the Code of Ethics, appreciation for the role the Code can and should play in professional lives, and enhances professionalism and competency.
Failure to complete training, during the three-year cycle, will lead to suspension of Membership immediately following the cycle deadline, with termination of Membership starting March 1st after the cycle deadline.
All active REALTOR® and Appraiser Members. Members who have earned the NAR REALTOR® Emeritus status are exempt from the NAR Code of Ethics requirements.
The current cycle, Cycle 7, began January 1st, 2022, and will end December 31st, 2024. The future cycle, Cycle 8, will begin January 1st, 2025.