News & Media

NAR’s Code of Ethics Toughens Words, Changes Timing

An implicit antidiscrimination ban is now spelled out in NAR’s Code of Ethics, and the mandatory training cycle has been changed from every two years to every three. However, existing requirements won’t change until the next cycle, which starts on Jan. 1, 2022.

WASHINGTON – The National Association of Realtors® (NAR) took steps in November to boost the antidiscrimination language in its Code of Ethics, and in January 2020 incorporated those and other changes into the Realtor training it mandates every two – now every three – years.

Under the new training policy that applies to all Realtors nationwide, the current cycle for mandatory Realtor training has been extended to Dec. 31, 2021 – almost two years from now. The current cycle originally ended one year earlier on Dec. 31 of this year.

After Dec. 2021, ongoing mandatory Code of Ethics training will be required every three years.

Realtors who have already completed the mandatory Code of Ethics training or plan to do so within the next 23 months do not have to be concerned about the recent changes, according to Sharon Hoydich, Florida Realtors director of professional development. “Any class that you have previously accepted as fulfilling the NAR requirement remains the same until the end of Dec. 2021,” she says.

In some cases, members of Florida Realtors have taken classes that do double duty – they earn Continuing Education (CE) credit in preparation for their next state license renewal and also receive credit for fulfilling NAR’s Code of Ethics training requirements. While those rules and class courses may change based on NAR’s recent update, members don’t need to worry about them until the next Code of Ethics cycle begins on Jan. 1, 2022.

As part of the increased focus on non-discrimination, NAR says it will begin integrating fair housing into all conferences and engagements, form partnerships with fair housing advocates to pursue shared goals around accountability and training, plus add a number of other initiatives.

“NAR’s Code of Ethics and its adherence to fair housing are the cornerstone of our commitment as Realtors,” said NAR Chief Executive Bob Goldberg at a January meeting with Housing and Urban Development Secretary Ben Carson. “With this new plan, we will see more robust education focusing on core fair housing criteria, unconscious bias, and how the actions of Realtors impact communities. A partnership with government officials and fair housing advocates will allow us to further promote equality as we continue to work to diversify our industry.”

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