The standard of conduct applies in a Realtor’s dealings with: Their clients and customers: It’s their duty to protect their client’s best interest, but treat all parties involved in a transaction honestly. Other Realtors: Realtors must refrain from making false or reckless statements about their fellow professionals.

Does appearance matter in real estate?

Real estate agent’s professional appearance and attire Appearance is extremely important, as most clients tend to hire agents based on appearance and gut feeling. Obviously, men wearing freshly pressed shirts with a smart-looking tie and well-polished shoes look professional.

What is Article 10 of the code of ethics?

Article 10 prohibits REALTORS® from discriminating on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity in the provision of professional services and in employment practices.

What are the obligations of a real estate agent?

To reduce the chances of misleading you, real estate agents must take care to:

  • disclose all information relevant to the price of the property.
  • advertise the selling price based on a reasonable market appraisal or the price the seller has indicated they are likely to accept.

What is the purpose of a standard of practice?

-Set of guidelines for providing high quality care and criteria for evaluating care. -Authoritative statements that describe the level of care or performance common to the profession by which the quality of practice can be judged.

What are the three major sections of the Code of Ethics?

The Code of Ethics is divided into three major sections, “Duties to Clients and Customers,” “Duties to the Public,” and “Duties to REALTORS.”

Does it help to be attractive in real estate?

The researchers found that more-attractive agents sell properties at higher prices than less-attractive agents. If you enlist the help of a more-attractive listing agent, you have a better chance of selling your home at your desired price, but your house will have to sit on the market for a longer period of time.

What is Article 9 of the Code of Ethics?

Article 9: Assure, whenever possible, that transactional details are in writing, in clear and understandable language. Provide a copy of each agreement to each party upon their signing or initialing.

What is Article 1 of the Code of Ethics?

Article I: Scope and Limitations • Section 1. The Philippine Constitution provides that all educational institution shall offer quality education for all competent teachers. Committed to its full realization, the provision of this Code shall apply, therefore, to all teachers in schools in the Philippines.