Between January 1, 2013 and December 31, 2016 every REALTOR® is required to complete 2 ½ hours of Code of Ethics training.
REALTORS® who have joined the association after January 1, 2013 have since completed the required New Member Code of Ethics training, have already fulfilled this training requirements. All other members must complete the training by December 31, 2016, in order to continue their membership with the Board.
Failure to complete the required periodic ethics training shall be considered a violation of a membership duty; for which, REALTOR® membership shall be suspended until such time as the required training has been completed.
IMPORTANT CHANGE FOR 2017:
At the 2014 Convention in New Orleans, the Board of Directors of the National Association of REALTORS® amended the four year time frame for Code of Ethics training to a two year time frame. The change goes into effect following conclusion of the current four year cycle on December 31, 2016.
Consequently, beginning January 1, 2017 all REALTORS® will be required to complete Code of Ethics training every two years.
The National Association’s Model Board Bylaws and Professional Standard Policy Statement #48, REALTORS® Code of Ethics Training, will eventually be amended to incorporate a two year time frame but not until completion of the current four year cycle.
REALTORS® are required to complete quadrennial ethics training of not less than two hours and thirty minutes of instructional time. REALTORS® completing such training during any two year cycle shall not be required to complete additional ethics training in respect of this requirement as a requirement of membership in any other board or association.
A REALTOR® completing the New Member Code of Ethics Orientation during any two year cycle shall not be required to complete additional ethics training in respect of this requirement until a new two year cycle commences.
Failure to complete the required periodic ethics training shall be considered a violation of a membership duty for which REALTOR® membership shall be suspended until such time as the required training is completed.
For more information regarding the NAR Code of Ethics, visit www.realtor.org/code-of-ethics.