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Code of Ethics Preface

The National Association of Realtors® was formed in 1908 and was called The National Association of Real Estate Exchanges. The Code of Ethics of the National Association of Realtors® was first adopted on July 29, 1913, at the sixth Annual Convention of the National Association of Real Estate Exchanges (Association’s name changed in 1916 to National Association of Real Estate Boards and again in 1974 to National Association of Realtors®). The Code was first adopted as “Rules of Conduct” to be recommended to real estate boards for voluntary adoption. Compliance with the Code was made a condition of membership in the National Association in 1924, and has remained so to date. 

The Code of Ethics of the National Association has survived as a viable and relevant guide because it is a living document. As times have changed, new needs and insights have been recognized and, as the law has developed, the Code has been amended. It has been amended approximately 45 times since its adoption. The amendments all have reflected an interest in refining, on a continuing basis, the principles obligating Realtors® and Realtor-associates to the highest and best standards of personal and professional conduct in their practice of real estate. Such amendments have sought to simplify, clarify, and amplify the ethical principles established to preclude antisocial business practices and to accommodate current legal, cultural, and national perspectives.

As a viable, living, developing guide for Realtors®, the Code will continue to provide the protection the public deserves and requires. The National Association of Realtors® and the respective State Associations and Member Boards of Realtors® are committed and pledged to such protection.
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