Code of Ethics

Do you think all REALTORS are adhering to the Code? Send me your email about how/what is being violated and I'll respond. All emails will be treated as confidential and I will never reveal your name.

You can also post anonymously....

Confidentiality

Here is an email that I recently received from an agent along with my reply:

Dear Russ:

I had a neighbor's house listed for 6 months before I lost the listing to a competitor. I now have a couple that are interested in the house. What exactly can I disclose and what can't I?

Dear confused:

You do have quite the dilemma! According to our duties outlined by the NC Real Estate Commission, if the buyers you have are truly "yours" and have signed an exclusive buyer's agency contract with you, you owe your duties to them and them alone. The state says that your (confidentiality) duties to the seller ended along with the listing agreement.

However, since you are a REALTOR, you have a different set of rules that you must follow. According to the Code of Ethics, you must keep all confidential information confidential, FOREVER.

This is one of those situations where the Code of Ethics is much more strict than NC rules.

My advice is simple: Contact the legal division of NCAR or your own attorney. In the meantime, you should be thrilled that you have buyers!!!

-Russ-