Realtors Undergo Ethics Training
The new policy, in accordance with a National Association of Realtors policy enacted in 2001, requires Realtors to take ethics training at least once every four years.
The organization’s goal is to assure that new members learn the National Association of Realtors code of ethics and established principles, and that existing members receive a refresher course.
“It lets the home buyer and seller know they can rely on their real estate professional,” said Ken Bordua, president for 2004 of the 1,000-member West Michigan Lakeshore Association of Realtors and an associate broker with Greenridge Realty Inc. in Spring Lake.
The lakeshore association, which covers shoreline communities from north of Muskegon to south of Saugatuck, maintains a grievance committee and a professional standards committee.
Reportedly, sanctions for ethical violations can become severe. “Our association tales its role seriously in enforcing the code,” said Dale Zahn, the association’s CEO.
“When Realtors behave professionally and ethically, it’s a win-win situation for the public,” Zahn added.