Agency
What is the 'NAR Code of Ethics' and how does it apply to Delaware REALTORS?
AA federal law governing all real estate agents in Delaware
BA set of professional standards adopted by the National Association of REALTORS that Delaware REALTOR members commit to — going beyond state license law to require honest dealing, client-focused service, and cooperation with other professionals✓ Correct
CA state-mandated ethics code enforced by the Delaware Real Estate Commission
DA code that only applies to broker members of NAR, not salespersons
Explanation
The NAR Code of Ethics (17 Articles covering duties to clients, the public, and other REALTORS) is a voluntary professional commitment for Delaware REALTORS. It requires higher professional standards than Delaware license law alone. NAR members must complete periodic Code of Ethics training. Violations are heard by local REALTOR association ethics panels and can result in fines, suspension, or expulsion from NAR.
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