Lamorinda Realtors believe, the Best Investment on Earth is Earth
Abio
Properties is amongst the most popular and its services are well sought for in
the state of California. Our realtors are the professionals and are well aware
of the different cities in the state. Our services encompass the area of
Lamorinda and its outskirts as well. Being amongst the top real estate firms in
the state, we make sure to hire the right people for the right job especially
when it comes to the employees who deal directly with our clients. The Lamorinda Realtors hired by us are all
associated with the National Association of Realtors and follow the code of
ethics presented by this organization.
The National Association of Realtors
This
National Association of REALTORS® consists of more than one million members
from coast to coast. It was founded in 1908 by the people involved in the
government and the realtors themselves. The organization, apart from its many functionalities, puts forward a
charter of the Code of Ethics and expects and encourages all the members who
are directly or indirectly involved in the real estate business to follow them.
This ensures the quality of the realtor's
work and the satisfaction of the clients and customers. These code of ethics
are also enforced by real estate board of Lamorinda. The Standards of Practice
followed by the Lamorinda Realtor
are contained in the code of ethics charter which is not just a bunch of rules
but constricting and confining guidelines. These articles are implied for the
regular dealings of the Realtor where amongst which the first and foremost is
the Honesty disregarding being fair to all parties.
The
Code of Ethics for a Lamorinda Realtor
There are 17 Code of Ethics that the Realtors
must follow and it is also worthwhile to mention that the Realtor must, at all
costs, put the interests of their clients above them. The 17 principles are as
under:-
1.
Treat all the parties with honesty and put the interests of
themselves beneath the interests of their
customers.
2.
It is incumbent on the realtors to investigate all the facts
and communicate them with their customers when the situations require and
refrain from misrepresenting, exaggerating and concealing the material facts.
3. Realtors must cooperate
with other Real Estate firms and their agents when it is desired and required
by the clients.
4. If the realtors
themselves are in the possession of a property which they are presenting to
their clients or even if their relatives are in any way in ownership of that
property, the realtors are incumbent to disclose this information to their
clients.
5. The realtors
should not extend any sort of services if they themselves become in any way
interested in the property they are representing.
6. The commissions
collected by the realtor shall not be from any third party agent and even if
otherwise, shall not be collected without the prior consent taken from the
client.
7. The realtor must refuse the fees
from more than one party without the informed consent of all the parties.
8. They must not mix the funds of
clients with their own.
9. A copy of all the Signed
Documents shall be circulated with all the involved members of a deal.
10. They are forbidden to conduct
any discrimination on the basis of any grounds, may it be race, language, color
or riches or any grounds.
11. The realtors are expected to be
competent and committed to their services and should not extend any service
they are not authorized
are capable enough to do so.
12. They should use honest
advertising.
13. They must not practice as a
lawyer unless it is their simultaneous profession.
14. They shall fully cooperate with
the authorities if they are charged with any misdemeanor and shall provide all
the evidence required by the former.
15. They must not abuse in any way
to their counterparts and must beware of filing an unfounded ethics complaints.
16. They shall not represent the
clients of another realtor simultaneously.
17. In case of any legal proceedings, should always vote for arbitration.
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