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Every real estate agent must abide by the following four professional
Duties and Standards.
RECO
Website with Current Real Estate Consumer Information
Duties I owe to other Realtors
For ALL Real Estate Agents
These are the duties I owe to other Realtors
ARTICLE 22
The REALTOR shall never publicly discredit a competitor. If the REALTOR's
opinion is sought regarding a specific transaction, it should be rendered
with strict professional integrity and courtesy.
ARTICLE 23
The agency or other contractual relationship of a competitor shall
be respected by all REALTORS. Negotiations concerning exclusively listed
property or with any party who is exclusively represented shall be carried
on with the client's agent and not with the client directly, except
with the consent of the client's agent.
ARTICLE 24
A REALTOR shall not seek information about a competitor's transaction
to be used for the purpose of closing a transaction himself or herself,
or for the purpose of interfering with any other contractual undertaking.
ARTICLE 25
Signs in respect of the sale, rent, lease development or exchange
should not be placed on any property by more than one REALTOR, unless
authorized by the seller/landlord. REALTORS shall not interfere with
another real estate broker's sign.
ARTICLE 26
Should a REALTOR be asked to cooperate in any way in connection with
a disciplinary investigation or proceeding pertaining to alleged unethical
practice, the REALTOR shall place all pertinent facts before the proper
Committee of the Real Estate Board or Association to which the REALTOR
belongs.
ARTICLE 27
In the event of a dispute between REALTORS associated with different
firms of the same local Board/Association regarding the fee or commission
earned or to be earned in connection with a real estate transaction,
the dispute shall be submitted for arbitration in accordance with the
By-laws, Rules and Regulations of their local Board/Association.
ARTICLE 28
In the event of a dispute between REALTORS associated with different
firms belonging to different local Boards/Associations, regarding the
fee or commission earned or to be earned in connection with a real estate
transaction, the dispute shall be submitted to arbitration in accordance
with the By-laws and Rules and Regulations of the appropriate Provincial/Territorial
Association. Should the REALTORS belong to different Provincial/ Territorial
Associations, the dispute shall be arbitrated in accordance with the
By-laws and Rules and Regulations of the Canadian Real Estate Association.
ARTICLE 29
The business of a REALTOR shall be conducted so as to avoid controversies
with other REALTORS.
ARTICLE 30 - Solicitation-Advertising
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