Kim Clark, AE, GAD
Changes to Code of Ethics Training
Since 2001, REALTORS® have been required to take Code of Ethics training to retain their membership.
At its Nov. 11, 2019 meeting, NAR’s Board of Directors approved a change to NAR’s Code of Ethics training requirement. One of its recommendations was to extend the requirement to every three years in order to give members more time to fit it into their continuing education schedule and to give local associations adequate time between cycles to administer the program.
Cycle 7 will begin Jan. 1, 2022, and end Dec. 31, 2024.
Separately, the Leadership Team approved several recommendations of the PAG that didn’t require a board vote:
That the learning objectives for the existing member Code of Ethics training be revised to include content on professional conduct, courtesies, business etiquette, and real-life scenarios.
That NAR establish Code of Ethics training equivalency options that members can take to satisfy the Code of Ethics training requirement and that the Commitment to Excellence (C2EX) endorsement be an equivalency option.
That only courses and equivalencies provided by a local, state, or national REALTOR® association can satisfy the Code of Ethics training requirement.
That an implementation team be appointed to develop a microsite that compiles all available options for fulfilling the Code of Ethics training requirement, including C2EX ethics modules, NAR-approved online courses, and links to association-approved courses.
This means that in Cycle 7 only courses that are approved by or provided by the Silver City Regional Association of REALTORS will count for the December 31, 2024 deadline.
SCRAR will provide several local Ethics classes over the next three years to satisfy the training requirement. We also partner with The CE Shop to provide the Ethical Excellence: Raising the Bar course. Thus, this is considered "provided by" SCRAR.
Read more here: https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-of-ethics-training-requirement-now-every-three-years