{"id":2264,"date":"2007-11-26T09:49:01","date_gmt":"2007-11-26T16:49:01","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2264"},"modified":"2007-11-26T09:49:01","modified_gmt":"2007-11-26T16:49:01","slug":"7373-words-the-nar-code-of-ethics","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2264\/7373-words-the-nar-code-of-ethics\/","title":{"rendered":"7,373 Words – The NAR Code of Ethics"},"content":{"rendered":"

In his post here<\/a> earlier today, Jim Duncan<\/a> said something I’ve thought since the day I stood up, raised my right hand and pledged to uphold the Realtor Code of Ethics<\/a>:<\/p>\n

I have argued before that if you need 8<\/strike> 9 pages to explain ethics, rather than a simple code of honor, you just might need too much guidance.<\/p><\/blockquote>\n

Adopted in 1913, and amended 31 times, the NAR’s Code of Ethics is 9 pages of double column single-spaced text. Seventeen Articles. Eighty two<\/em> “Standards of Practice”. 7,373 words in 266 paragraphs.<\/p>\n

It is loaded with gems like this (Standard of Practice 17-4, Subsection 5):<\/p>\n

Where a buyer or tenant representative is compensated by the seller or landlord, and not by the listing broker, and the listing broker, as a result, reduces the commission owed by the seller or landlord and, subsequent to such actions, claims to be the procuring cause of sale or lease. In such cases arbitration shall be between the listing broker and the buyer or tenant representative and the amount in dispute is limited to the amount of the reduction of commission to which the listing broker agreed<\/p><\/blockquote>\n

Huh? Maybe it’s just me, but I had to read that 3 or 4 times just to make sense of it. And I’m not so sure I actually figured it out.<\/p>\n

Do we really need 7,373 words to tell us how to act?<\/strong><\/p>\n

The United States Military Academy has an Honor Code. It’s no real stretch of the imagination to equate an “Honor Code” with a “Code of Ethics”.<\/p>\n

West Point’s Honor Code consists of one sentence. 12 words.<\/p>\n

A cadet will not lie, cheat, steal, or tolerate those who do.<\/p><\/blockquote>\n

It was derived from the Military Academy’s motto – the lengthy and convoluted, “Duty, Honor, Country”.<\/p>\n

One of my old schools, THE University of Texas, adopted an honor code long after I left those hallowed halls. It is substantially longer than the Military Academy’s code, coming in at a War and Peace<\/em> like 41 words:<\/p>\n

The core values of The University of Texas at Austin are learning, discovery, freedom, leadership, individual opportunity, and responsibility. Each member of the university is Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

In his post here earlier today, Jim Duncan said something I’ve thought since the day I stood up, raised my right hand and pledged to uphold the Realtor Code of Ethics: I have argued before that if you need 8 9 pages to explain ethics, rather than a simple code of honor, you just might […]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":{"0":"post-2264","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1395,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1395\/a-questionable-practice\/","url_meta":{"origin":2264,"position":0},"title":"A questionable practice?","author":"Russell Shaw","date":"May 7, 2007","format":false,"excerpt":"Christopher R. Dunn writes: A questionable practice?It would appear that numerious RE firms here in the Bay are making it a practice to List, market with open houses, advertise properties at a below market number with no intentions of selling at that number.The listing broker will take offers and hold\u2026","rel":"","context":"In "Ask the Broker"","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"real_estate_book_sm","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/05\/real_estate_book_sm.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2454,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2454\/can-todd-kaufman-tell-me-what-to-say-and-not-say\/","url_meta":{"origin":2264,"position":1},"title":"Can Loudoun County Assessor Todd Kaufman tell me what to say and not to say?","author":"Russell Shaw","date":"December 31, 2007","format":false,"excerpt":"Can Loudoun County Assessor Todd Kaufman Tell Me What to Say and Not Say? Sure he can. There is no law anywhere in America that says Todd Kaufman's rules about what Realtors writing on a blog should not write have to be limited to Loudoun County residents (Realtors). Some people\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"Kaufman's Oversized Halo","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2007\/12\/kaufmans-oversized-halo.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2746,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2746\/nar-and-the-use-of-mls-in-a-url\/","url_meta":{"origin":2264,"position":2},"title":"NAR and the Use of MLS in a URL","author":"Russell Shaw","date":"March 10, 2008","format":false,"excerpt":"I've written about this before. This is an issue that just isn't going to go away. Like most oppressive rules and laws this bad rule (at least as it is currently interpreted and practiced) was a sincere attempt to solve a problem. Unfortunately, the current rule creates a whole new\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"MLS Stop","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2008\/03\/mls-stop.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2404,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2404\/preliminary-nar-gateway-report-released\/","url_meta":{"origin":2264,"position":3},"title":"Preliminary NAR Gateway Report released","author":"Jim Duncan","date":"December 21, 2007","format":false,"excerpt":"The Gateway facilitates multi-lingual access to real property information.2.Information available to participants and subscribers is: comprehensive timely relevant accurate objective secure formatted so it can be annotated, supplemented or corrected by other participants or subscribers whose contributions will be acknowledged and electronically \u201cfingerprinted\u201d \u201cofficial\u201d information (i.e., data available from recognized\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2263,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2263\/the-re-blog-arms-race\/","url_meta":{"origin":2264,"position":4},"title":"The RE blog arms race","author":"Jim Duncan","date":"November 26, 2007","format":false,"excerpt":"We're doing it because we believe in what we do and seem to share a collective passion.As Greg said earlier this year -My immediate goal for BloodhoundBlog is to make it the best-read, most-rewarding real estate weblog in the RE.net.\u00a0 Further out, I want for our contributors to be so\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1257,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1257\/greg-peeing-on-the-tree-1\/","url_meta":{"origin":2264,"position":5},"title":"Planet Zillow.com: Burgeoning Realty.bot grows, potentially, to become a self-sustaining residential real estate eco-system","author":"Greg Swann","date":"April 3, 2007","format":false,"excerpt":"Here's the news. 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Dubbed Zillow 5, the new functionality comes in three broad categories:Any user of the\u2026","rel":"","context":"In "Enduring Interest"","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2264"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2264\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}