Why the Code of Ethics is Important
Only REALTORS® pledge to abide by the Association’s Code of Ethics and only REALTORS® are held accountable for their ethical behavior.
Some of the basic principles of the Code of Ethics include:
- Protect and promote the client’s interests, but be honest with all parties
- Avoid exaggeration, misrepresentation, and concealment of pertinent facts. Do not reveal facts that are confidential under the scope of your agency relationship
- Disclose present or contemplated interest in any property to all parties
- Avoid side deals without your client’s confirmed consent
- Accept compensation from only one party, except with full disclosure and informed consent
- Keep the funds of clients and customers in escrow
- Assure, whenever possible, that transactional details are in writing
- Provide equal service to all clients and customers
- Be knowledgeable and competent in the fields of practice in which you ordinarily engage. Obtain assistance or disclose lack of experience if necessary
- Do not engage in the unauthorized practice of law
For more information, consult the complete Code of Ethics from the NATIONAL ASSOCIATION OF REALTORS®.
Ethics Complaint Information
The Code of Ethics is enforced by a local board of REALTORS® working in cooperation with the West Virginia Association of REALTORS® in the form of a professional standards hearings.
To file an ethics complaint please contact the West Virginia Association of REALTORS®