A REALTORŪ is a member of the National Association of REALTORSŪ and subscribes to its strict Code of Ethics.
Code of Ethics
The Code establishes time-honored and baseline principles that come from the collective experiences of REALTORSŪ since the Code of Ethics was first established in 1913. Those principles can be loosely defined as:
Loyalty to clients;
Fiduciary (legal) duty to clients;
Cooperation with competitors;
Truthfulness in statements and advertising; and non-interference in exclusive relationships that other REALTORSŪ have with their clients.
To earn a designation, a REALTORŪ a real estate agent has taken coursework and demonstrated specific skills, performance and knowledge in a particular area of the real estate industry