The course emphasizes that the standards of ethical conduct in the practice of real estate are based upon the National Association of Realtors® Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate. The concept of misrepresentation and all of its implications to the daily practice of real estate is discussed in detail. This course is an article-by-article dissection of the Code of Ethics, organized in three major topic areas:
- The licensee's ethical conduct with respect to clients and customers
- The licensee's duty to the public
- The licensee's duties to fellow Realtors®
A detailed discussion of specific ethical conduct under each of these three general categories will give the licensee an excellent basis upon which to conduct an ethical practice of real estate.
NAR members are required to complete 2.5 hours of Ethics training every three years. This course qualifies towards your good membership standing with NAR. NAR members must now take an ethics course or training equivalency from a local, state, or national REALTOR® association to receive credit towards their Code of Ethics training requirement.
This course is composed of 3 hours of reading material. The course is divided into five segments with review quizzes at the end of each segment.
At the end of the course an optional final examination is available. The final examination consists of 20 questions. After completing the Oregon Real Estate Agency mandated seat time, an Oregon real estate continuing education certificate will be available for printing.