REA Code of Professional Conduct: Who Qualifies and What You Get
Learn how the REA Code of Professional Conduct governs licensed agents to ensure ethical client interactions and mandatory disclosures.
The REA Code of Professional Conduct provides a set of ethical rules that licensed real estate agents must follow when interacting with clients.
Who it's for
This code applies to all individuals who hold a license to practice real estate.
What you get
By following these standards, you operate within a clear ethical framework. This helps guide how you should behave and interact with your clients to maintain professional integrity.
What it costs you
To remain compliant, you must strictly adhere to all disclosure requirements. This means you are responsible for being transparent and providing necessary information throughout your professional dealings.
The catch to know
The most significant risk is failing to disclose a conflict of interest. A conflict of interest occurs when your personal interests might interfere with your ability to act in the best interest of your client during a property sale.
How to apply
- Review the full list of professional standards provided by the regulator.
- Ensure your current licensing is active and up to date.
- Implement disclosure processes into your daily client interactions.