Using the Code to Solve Ethical Dilemmas
While conducting real estate business, have you encountered a situation in which you weren’t sure what the proper course of action was? What the right thing to do might be? Or maybe you’ve heard your colleagues’ stories and got that uncomfortable, itchy feeling that an action they took wasn’t quite on the up and up.
Let’s look at an uncomfortable truth: real estate agents have a small tarnished image problem. With every transaction being unique, real estate licensees often face ethical gray areas. Some real estate professionals simply don’t understand how to handle complex issues in the most ethical manner, and others bend the rules if they think it’ll keep a transaction on track or a commission in their bank account and not a competitor’s.
Aligned to the requirements of the current NAR cycle, this three-hour course helps licensees deepen their knowledge—and practice—of ethical rules of conduct according to the National Association of REALTORS® Code of Ethics & Standards of Practice. The code isn’t applicable to REALTORS® only, who are duty-bound to uphold the code as a privilege of membership. The code’s guidance serves anyone possessing a real estate license, and licensees who heed the code’s various articles and standards of practice can do the greatest good of all: protecting consumers while also bolstering the reputation of all the industry’s professionals.
Course highlights include:
- Laws vs. morals vs. ethics
- Top articles of the code involved in the most complaints (plus a few more)
- A candid look at the industry’s image problem
- Common ethical dilemmas and using the code to solve them
- Foundation and enforcement of the code
- Competency in real estate practice as a matter of ethics
- Steering clear of procuring cause disputes
- Ethics concerns with technology and social media
- Tips and best practices to keep your reputation polished to a high shine
*This course was designed by us to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.
State Requirements For New Jersey
New Jersey State Requirement Details for Real Estate Broker, Broker-salesperson, and Salesperson Continuing Education
Renewal Date: June 30th of odd-numbered years. Continuing Education must be completed by April 30th of odd-numbered years.
Hours Required: 12 hours
- 6 hours in core topics
- 1 hour in Fair Housing & New Jersey Law Against Discrimination
- 2 hours in Ethics
- 1 hour in Agency
- the remaining hours in any core topic
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Agency
- Disclosure
- Legal issues
- Ethics
- Fair Housing
- Rules and regulations
- Real estate licensee safety
- Financial literacy and planning
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- 6 hours of elective courses - A mix, or all of the same, of any of the following four CE types: ELECTIVES or ETHICS or CORE or FAIR HOUSING
Note: Salespersons initially licensed in the FIRST year of the NJ real estate license term ARE REQUIRED to complete CE requirements in order to renew their license for the next term. Salespersons initially licensed in the SECOND year of the NJ real estate license term shall not be required to fulfill any continuing education to renew their license upon the conclusion of that license term.
New Jersey Real Estate Commission
Street Address: 20 West State Street, Trenton, New Jersey 08608
Mailing Address: PO Box 328, Trenton, New Jersey 08625-0328
Telephone: (609) 292-7272
Email: realestate@dobi.nj.gov