The Code of Ethics in Real Estate Practice

The Code of Ethics in Real Estate Practice

The Code of Ethics in real estate practice is governed by the National Association of Realtors. We are members as Realtors. The articles contained within the code are so important. It always surprises me how these are not practiced by some real estate practitioners. Having a California Broker’s License does not mean that every licensed individual is always working within the parameters of honest and fair dealings.

To file a complaint requires time and effort. By the time the offender has closed escrow with you, often it is just so much paperwork many agents will not file. For the most part, the Sacramento Association of Realtors Grievance Committee and Pro Standards Committees are not kept very busy considering how many members we have. The horror stories I have heard over the 25 years in my practice makes me shake my head in frustration.

I sit on the SAR Professional Standards Committee, for about 15 years now. I started in the Grievance Committee and was later promoted to the Pro Standards. So many cases I hear show that some of our members do not know what violations are nor do they understand the importance of abiding within this framework.

I must say I think much of the code is common sense. Our team is very aware of the importance of unquestionable ethics, honesty and fair dealings. We work daily keeping these items at the forefront of our real estate practice. The Code of Ethics in real estate practice is only as good as the professionals that take the time to file a complaint.

By taking a stand for excellence and saying this is not right and I’m going to do something about it we can improve our profession. We can change the future of a Realtor who was called on the carpet. After a Realtor attends a hearing as the Respondent, they never want to be in that room of their peers ever again.

Taking a stand does not mean run out and file frivolous complaints. What we need to consider is to take the time to file on egregious displays of disregard and disobedience to comply with our own code. After all, it is our code of ethics. Accountability is the ingredient to help keep some people honest. Many Realtors are out there working hard every day and following the rules and they do not need reminders to do the right thing.

If ethics matter to you as a seller, contact Weintraub & Wallace Realtors with RE/MAX Gold to represent you. We will follow the code of ethics to the letter with your next real estate transaction. We can be reached at 916-233-6759.

Our Code of Ethics is governed by the National Association of Realtors of which we are members as Realtors. We are also members of the California Association of Realtors and Sacramento Association of Realtors.

— JaCi Wallace

JaCi Wallace
Weintraub & Wallace

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