Code of ethics
Professional Standards
REALTORS® set themselves apart from other real estate practitioners by voluntarily adhering to a strict Code of Ethics. Even with the best of intentions, occasional disagreements arise between REALTORS® and/or between REALTORS® and their clients.
Realtor® members who violate the Code of Ethics can be subject to sanctions by their local Association through procedures established by the National Association of Realtors®.
- If you believe another Realtor® has violated the code or the law there are various ways you can attempt to resolve the complaint.
- Please review the professional standards procedures.
- PAR is responsible for enforcing the Code of Ethics for 29 local boards/associations as part of the Statewide Professional Standards Cooperative. To report a potential violation of the Code involving a member of the following associations contact PAR.
- If the Realtor® is not a participant of the Statewide Professional Standards Cooperative contact your local association to report a potential violation of the Code.
- Remember — potential legal violations are handled by the State Real Estate Commission, not the local association.
- Ethics & Professional Standards | Pennsylvania Association of Realtors (parealtors.org)
Helpful Links
- Appraisal Foundation
- Appraisal Subcommittee
- Board of Governors of the Federal Reserve System
- Consumer Financial Protection Bureau
- Department of Housing and Urban Development
- Fannie Mae
- Federal Deposit Insurance Corporation
- Federal Housing Finance Agency
- Freddie Mac
- National Credit Union Administration
- Office of the Comptroller of the Currency
- Federal Financial Institutions Examination Council
- Regulation Z, 12 CFR section 226.42