Ethics in Real Estate

Real estate professionals who have accepted membership in the National Association of REALTORS® (NAR), Ohio Association of REALTORS® (OAR) and their local Association, Lorain County Association of REALTORS® (LoCAR) promise to adhere to a strict code of ethics in conducting any and all activities related to your sale or purchase of properties.

In some businesses, simply doing what is legal may be good enough. As real estate professionals adherence to an ethical standard that goes above and beyond the legal requirements is demanded. The guiding principle of ethics comes from the Latin primum non nocere, meaning first do no harm. By adhering to strict ethical guidelines real estate professionals will earn your confidence and trust. By establishing this trust real estate professionals hope to build a long-term relationship with their clients.

As a member of the National Association of REALTORS, REALTORS® are bound by the Code of Ethics which you can find at:

http://www.realtor.org/mempolweb.nsf/pages/Code?OpenDocument

There are rules pertaining to: Disclosure of agency, financial arrangements, following the law of the land, marketing practices, negotiation methods, how clients are charged for services, how offers are presented, confidentiality, and more. All of these rules are intended to protect your interest.