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Professional Standards – Highlight of the Month

October 3, 2012

Professional Standards, by Jean Elmore, Chair of the Professional Standards Committee

There are 17 Articles in the Code of Ethics and each month we’ll consider one Article. When available, I’ll include a link to a case study of a grievance that cites one of the Standards of Practice  that the complainant feels was violated. Since it is impossible to highlight all Standards of Practice – there are 15 of them under Article 1 alone – I’ll try to pick one that reflects timely situations. These are actual cases from other states and the findings of the hearing panel are shown at the end.

Article 3, Professional Standards

Article 3 says REALTORS® must “Cooperate with other Real Estate Professionals to Advance Client’s Best Interest.” We all know the sellers can opt to keep the listing out of the MLS, but what if it IS in the MLS but the seller wants additional terms? What do we need to disclose? Here’s an interesting case study on just that situation.

Case Study: Cooperation Not Mandatory

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