The core of the code

A summary of the Code of Ethics and Standards of Practice by article

Every REALTOR® should read the Code of Ethics, understand it, and abide by its articles and standards of practice. Since the code changes from time to time, it’s a good idea to review it at least yearly. Texas REALTOR® publishes the Code of Ethics each year in the January issue, highlighting any changes for that year.

This one-page summary of the 17 articles of the code is not intended as a replacement to the full document. Rather, use it as a helpful reminder of the main areas covered by the Code of Ethics.

Article 1
Protect and promote your client’s interests, but be honest with all parties.

Article 2
Avoid exaggeration, misrepresentation, and concealment of pertinent facts. Do not reveal facts that are confidential under the scope of your agency relationship.

Article 3
Cooperate with other real estate professionals to advance client’s best interests.

Article 4
When buying or selling, make your position in the transaction or interest known.

Article 5
Disclose present or contemplated interest in any property to all parties.

Article 6
Avoid side deals without client’s informed consent.

Article 7
Accept compensation from only one party, except with full disclosure and informed consent.

Article 8
Keep the funds of clients and customers in escrow.

Article 9
Assure, whenever possible, that transactional details are in writing.

Article 10
Provide equal service to all clients and customers.

Article 11
Be knowledgeable and competent in the fields of practice in which you ordinarily engage. Obtain assistance or disclose lack of experience if necessary.

Article 12
Present a true picture in your advertising and other public representations.

Article 13
Do not engage in the unauthorized practice of law.

Article 14
Be a willing participant in code enforcement procedures.

Article 15
Ensure that your comments about other real estate professionals are truthful and not misleading.

Article 16
Respect the agency relationships, and other exclusive relationships recognized by law, that other Realtors® have with their clients.

Article 17
Arbitrate contractual and specific noncontractual disputes with other Realtors® and with your clients.

Editor’s note: The 2000 Code of Ethics and Arbitration Manual is now online at One Realtor Place (you must have a password to access One Realtor Place). You can also log on to One Realtor Place and perform a search on "CEAM." Users can search the manual for specific text. The manual is available in both Adobe Acrobat and Microsoft Word formats.

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