License Law and the REALTOR® Code of Ethics requires and expects agents to be diligent in taking care of business. The following are real, recent examples of not taking care of business. Ensure your business practices does not include these.
What’s new in the Code of Ethics for 2019?
NAR has recognized that a growing dilemma facing buyers’ agents is the assurance that the listing agent presented their offers. The following NEW Standard of Practice 1-7 has been added to Article 1 of the Code of Ethics that obligates listing brokers to provide, upon written request of a buyer’s agent, written affirmation that an offer was presented or written notification that the seller waived the obligation to have the offer presented.
REALTOR® Safe Harbor App
The REALTOR Safe Harbor application and website created and managed the Arkansas Association of REALTORS® is no longer available. We ask that all members uninstall the application from all devices.
NAR Helps Secure FEMA Reversal on New Flood Policies During Shutdown
In a critical win for home sales, while the partial shutdown of the federal government is ongoing, the Federal Emergency Management Agency will issue and renew flood insurance policies, reversing an unexpected and controversial ruling the agency released last week.
How does that work -- REALTOR® Membership and MLS Participation?
CMR members who joined the Association beginning in 2008 got this education as part of their REALTOR® Orientation; however, REALTORS® who joined before 2008 may not have taken it. It’s a good review of some concepts that are often misunderstood.
NAR: New Phishing Attempt
Many National Association of REALTORS® members received a solicitation last week, purportedly from the REALTOR® Party, asking for donations to fund medical expenses for a young girl. This solicitation is not from the REALTOR® Party or the National Association of REALTORS®. NAR never solicits donations for personal or individual charities.
Are you steering buyers without realizing it?
You are if you are using any personal biases to suggest to a buyer where he/she might want to live or not live.
Agents use different approaches to engage in unlawful steering such as:
Recommending homes to clients for consideration
Editorializing about areas the client should or should not consider
How are annual dues bills calculated?
Annual dues bills for the 3 REALTOR® organizations are not the same as the previous year and are calculated as follows:
Staged New Construction May Be Targeted by Thieves
If you stage new construction, be aware that a few of our members have had their staging furniture and accessories stolen, and local law enforcement believes an organized theft ring may be responsible. Furniture is easy to steal from new construction since a truck being loaded with furniture will likely not look suspicious.