Back to Course

New Agent Ethics Training

0% Complete
0/0 Steps
  1. Introduction
  2. Chapter Objectives
  3. Key Terms
  4. Study of the Code of Ethics (Part 1 of 2)
  5. Need for the Code of Ethics
  6. Membership in NAR
  7. Uniqueness of the Code of Ethics (Part 1 of 2)
  8. Uniqueness of the Code of Ethics (2 of 2)
  9. Overview of the Code of Ethics
  10. Preamble (Part 1 of 2)
  11. Preamble (Part 2 of 2)
  12. Articles of Standards of Practice ( Part 1 of 2)
  13. Articles of Standards of Practice (Part 2 of 2)
  14. Duties to Clients and Customers (Part 1 of 2)
  15. Duties to Clients and Customers (Part 2 of 2)
  16. Duties to the Public
  17. Duties to Realtors
  18. Referencing Articles in Ethics Complaints (Part 1 of 2)
  19. Referencing Articles in Ethics Complaints (Part 2 of 2)
  20. Case Interpretations (Part 1 of 2)
  21. Case Interpretations (Part 2 of 2)
  22. Why Study Enforcement
  23. Primary Enforcement Issues
  24. Local Enforcement (Part 1 of 3)
  25. Local Enforcement (Part 2 of 3)
  26. Local Enforcement (Part 3 of 3)
  27. Parties to an Ethics Complaint
  28. Parties to Arbitration
  29. Ethics Complaints and Arbitration Requests
  30. How Complaints are Handled
  31. Grievance Committee
  32. Professional Standards Committee
  33. Board of Directors
  34. Ethics Examples (Part 1 of 2)
  35. Ethics Examples (Part 2 of 2)
  36. Arbitration Examples (Part 1 of 2)
  37. Arbitration Examples (Part 2 of 2)
  38. The Arbitration Process
  39. Mandatory Arbitration
  40. Voluntary Arbitration (Part 1 of 2)
  41. Voluntary Arbitration (Part 2 of 2)
  42. Mediation (Part 1 of 2)
  43. Mediation (Part 2 of 2)
  44. Conclusion (Part 1 of 2)
  45. Conclusion (Part 2 of 2)

Participants15

Show more
New Agent Ethics Training Mandatory Arbitration
In Progress
Lesson 39 of 45
In Progress

Mandatory Arbitration

bryanlenox February 17, 2021

Every REALTOR principal has the right to request arbitration.  It is described in the REALTOR Code of Ethics as both a duty and a privilege.  Arbitration can be mandatory or voluntary.  These types of arbitration are mandatory:

 

  • Client to REALTOR principal (where the client initiates the arbitration and agrees to be bound by the outcome)
  • REALTOR principal to REALTOR principal

 

If an agent for a company who is not the REALTOR principal wishes to pursue arbitration against an agent from another firm, the REALTOR principal must join in the arbitration request.  The arbitration request would be made against both the agent and the REALTOR principal of the other firm.

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .