About Course
DC Ethics
This course fulfills 3 hours of Continuing Education credit in the District of Columbia. It satisfies the NAR triennial ethics requirement and provides DC-specific ethical guidelines required to practice real estate responsibly and professionally. Through an in-depth review of the Code of Ethics, real-life ethical dilemmas, and DC’s regulatory expectations, this course sharpens your ability to identify and resolve ethical challenges in your real estate career.
This is a live Zoom class. The class runs for 3 hours in length.
Recurring every Tuesday at 5:00 pm
You should receive a Zoom link via email the day before the class. Make sure to check your spam folder. Please email us at AcademyPureBlackwood@Gmail.com if you do not receive it.
What Will You Learn?
- Welcome to DC Ethics! This three-hour course provides a careful review of the National Association of REALTORS®’ Code of Ethics and Standards of Practice. This code outlines the ethical duties all REALTORS® agree to follow as part of the membership. NAR says these duties “provide a high level of service and professionalism to clients/customers and are the key factor separating REALTORS® from all other real estate practitioners.” We’ll discuss some real-life examples relating to various articles. Then, we move specifically into the District of Columbia—to review the local ethical requirements, of course.
- Objectives:
- - Recall how to apply the NAR Code of Ethics principles and guidelines to your practice.
- - Identify recent changes to the code’s articles and standards of practice.
- - Recall the rules and regulations promoting ethical practices DC.
Course Content
DC Ethics Unit 1: Course Introduction: DC Ethics
Introduction & Objectives
Welcome to DC Ethics! This three-hour course provides a careful review of the National Association of REALTORS®’ Code of Ethics and Standards of Practice. This code outlines the ethical duties all REALTORS® agree to follow as part of the membership. NAR says these duties “provide a high level of service and professionalism to clients/customers and are the key factor separating REALTORS® from all other real estate practitioners.” We’ll discuss some real-life examples relating to various articles. Then, we move specifically into the District of Columbia—to review the local ethical requirements, of course.
Objectives
Recall how to apply the NAR Code of Ethics principles and guidelines to your practice.
Identify recent changes to the code’s articles and standards of practice.
Recall the rules and regulations promoting ethical practices DC.
-
Unit 1: Course Introduction: DC Ethics
Unit 2: Know the Code: Through Article 9
Introduction & Objectives:
The Code of Ethics defines the professionalism and service to be expected from a member of the National Association of REALTORS® in service to the public. In this unit, we’ll review Articles 1-9 of the Code of Ethics, as well as its structure.
Objectives:
Recall the overall vision and goals of the Code of Ethics and how Articles 1-9 apply to the practice of real estate.
Lesson 1:
Lesson 1: The Nuts and Bolts of the Code of Ethics; Unit 2: Know the Code: Through Article 9
-
Lesson 1: The Nuts and Bolts of the Code of Ethics
-
What’s the Code of Ethics?
-
The Code’s Structure
-
Adopted in 1913
-
Designed to Evolve to Meet the Needs of a Changing Culture
-
Code Interpretations and Changes
-
A New Edition of the Code
-
A Framework for Ethical Behaviors Expected of REALTORS®
-
Should Ray Abide by the Code?
Lesson 2:
Lesson 2: Overview of the Current National Code of Ethics, Unit 2: Know the Code: Through Article 9
-
Lesson 2: Overview of the Current National Code of Ethics
-
Combines Broad Ethical Principles with Practical Guidelines
-
Duties Owed to Clients and Customers
-
Duties Owed to the Public
-
Duties Owed to REALTORS®
-
Danna’s Violation
Lesson 3:
Lesson 3: Part I of the Code: Duties to Clients and Customers, Unit 2: Know the Code: Through Article 9
-
Lesson 3: Part I of the Code: Duties to Clients and Customers
-
Duties to Clients and Customers
-
Article 1 in Real Life: What Would You Do?
-
Doug’s Overpriced Property
-
Article 1 in Real Life: What Would You Do? (Continued)
-
Your Clients Come First
-
Standard of Practice 1-2 Clarifies Key Terms
-
Promoting Honesty and Full Disclosure
-
Confidential Client Information
-
Leslie’s Obligations
-
An Additional Standard of Practice
-
Article 1 Truths
-
Net listing agreements are best avoided.
-
If you believe your client’s property is overpriced, you should disclose this to your client only when asked.
-
Informing buyers of pertinent and relevant facts that may affect their decision to purchase is optional.
Lesson 4:
Lesson 4: COE Article 2: Avoiding Exaggeration, Misrepresentation, and Concealment; Unit 2: Know the Code: Through Article 9
-
Lesson 4: COE Article 2: Avoiding Exaggeration, Misrepresentation, and Concealment
-
What’s Going on Over There?
-
Article 2 in Real Life: What Would You Do?
-
When in Doubt, Disclose It
-
Disclosure Issues Related to Material Facts
-
Proper and Timely Material Fact Disclosures
-
What’s the Problem?
-
Latent Material Facts
-
Disclosure Facts
Lesson 5:
Lesson 5: COE Article 3: Cooperating with Other Brokers, Unit 2: Know the Code: Through Article 9
-
Lesson 5: COE Article 3: Cooperating with Other Brokers
-
Cooperating with Other Brokers
-
What Would You Do?
-
Article 3 in Real Life
-
Cooperation Is Good Business
-
Recent Standard of Practice Updates
-
Additional Standards of Practice
-
Article 3 Facts
Lesson 6:
-
Lesson 6: COE Articles 4 through 7: Safeguarding Against Conflicts of Interest
-
Article 4 in Real Life: What Would You Do
-
What Would You Do?
-
Relations Revelations
-
Conflict of Interest Situations
-
Disclosure Is Key
-
Some Areas Are Riskier than Others
-
Article 6 Specifics
Lesson 7:
Lesson 7: COE Articles 8 and 9: Ensuring Transparency and Accountability; Unit 2: Know the Code: Through Article 9
-
Article 8 in Real Life
-
What Would You Do?
-
Keep it Separated
-
Special Accounts
-
Commingling Funds
-
Converting Funds
-
Commingling or Conversion?
-
Article 9: Transparency and Accountability
-
Carson Avoids Disciplinary Action
Key Points: Unit 2: Know the Code: Through Article 9
-
Unit 2: Key Points: Know the Code: Through Article 9
Unit 3: Know the Code: Articles 10-17
Introduction & Objectives:
In this unit, we'll finish our exploration of the code's 17 articles and finish with a look at the District of Columbia Real Estate Commission.
Objectives:
Recall Articles 9-17 and identify the role of the District of Columbia Real Estate Commission.
Lesson 1:
Lesson 1: COE Article 10: Providing Equal Professional Services; Unit 3: Know the Code: Articles 10-17
-
Lesson 1: COE Article 10: Providing Equal Professional Services
-
Duties to the Public
-
Article 10 in Real Life
-
What Would You Do?
-
Digging Deeper
-
Equal Treatment
-
Key Revisions
-
Standard of Practice 10-1 and Scare Tactics
-
Standard of Practice 10-2 and Data Sources
-
Is This Okay?
-
Don’t Discriminate in Ads
-
Protected Groups
-
Standard of Practice 10-5
Lesson 2:
Lesson 2: COE Article 11: Conforming to Standards of Practice and Competence; Unit 3: Know the Code: Articles 10-17
-
Lesson 2:
-
Article 11 in Real Life
-
What Would You Do?
-
Specialized Professional Service
-
Be an Expert
-
Amendments in 2014
-
Competency
-
Standard of Practice 11-1
Lesson 3:
Lesson 3: COE Article 12: Remaining Honest and Truthful in Ads and Marketing, Unit 3: Know the Code: Articles 10-17
-
Article 12 in Real Life
-
What Would You Do?
-
URLs and Domain Names
-
Honest and Truthful Communications
-
Standards of Practice
-
Reggie’s Request
Lesson 4:
Lesson 4: COE Article 13: Recommending Legal Counsel When Appropriate, Unit 3: Know the Code: Articles 10-17
-
Article 13 in Real Life
-
What Should You Do?
-
Support Desires to Talk with an Attorney
-
Leave the Law to Lawyers
-
Translation Transgressions
Lesson 5:
Lesson 5: COE Article 14: Cooperating with Professional Standards Investigations, Unit 3: Know the Code: Articles 10-17
-
Article 14 in Real Life
-
What Should You Do?
-
Duty to Cooperate
-
Not Optional
-
Sally Ann’s Best Bet
Lesson 6:
Lesson 6: COE Article 15: Making False Statements about Competitors, Unit 3: Know the Code: Articles 10-17
-
Duties to REALTORS®
-
Article 15 in Real Life
-
What Should You Do?
-
If You Can’t Say Something Nice …
-
Resist Gossip
-
Non-Constructive Criticism
-
Debbie’s Blog Post
Lesson 7:
Lesson 7: COE Article 16: Respecting Exclusive Representation Agreements, Unit 3: Know the Code: Articles 10-17
-
Lesson 7: COE Article 16: Respecting Exclusive Representation Agreements
-
What Should You Do?
-
The Nature of a Listing Agreement
-
The Fine Line Between Competition and Cooperation
-
Cooperation
-
Respecting Exclusivity
-
What Can You Ask?
-
Exclusive Relationships
-
Misty’s Mailing
Lesson 8:
Lesson 8: COE Article 17: Adhering to Mediation and Arbitration Policies, Unit 3: Know the Code: Articles 10-17
-
Article 17 Speaks
-
Five Standards of Practice
-
Article 17 in Real Life
-
What Should You Do?
-
Fair Solutions
-
Practical Tips
-
Mediation Determination
Lesson 9:
Lesson 9: The DC Real Estate Commission, Unit 3: Know the Code: Articles 10-17
-
The DC Real Estate Commission
-
Composition of the Commission
-
Commission Meetings and Staff
-
Commission Appointments
-
Commission Composition
Key Points: Unit 3: Know the Code: Articles 10-17
Key Points: Unit 3: Know the Code: Articles 10-17
-
Unit 3: Key Points: Know the Code: Articles 10-17
Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
Lesson 1:
Lesson 1: Scope of Practice in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Lesson 1: Scope of Practice in DC
-
Scope of Practice
-
Scope of Practice for a Broker
-
Scope of Practice for a Salesperson
-
Scope of Practice for a Property Manager
-
What’s the Scope of Practice?
Lesson 2:
Lesson 2: Agency and Disclosures in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Agency / Disclosures
-
The Disclosure of Brokerage Relationship
-
Client: Buyer Agency Disclosure
-
Client: Designated Agency Disclosure
-
Client: Seller Agency Disclosure
-
Customer
-
Home Inspections / Disclosure
-
Agency Disclosure Facts
Lesson 3:
Lesson 3: Tenant Opportunity to Purchase Act (TOPA), Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
(TOPA)
-
Single-Family Dwellings
-
Multi-Family Property Processes
-
Accessory Dwelling Units (ADUs)
-
Applicable Properties and Notices
-
TOPA Truths
Lesson 4:
Lesson 4: Real Estate Transaction Forms Required in DC; Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Required Forms in DC
-
Listing Contracts
-
Disclosure of Brokerage Relationship
-
Disclosure of Dual Agency
-
Property Conditions and Disclosures
-
Seller’s Property Disclosures
-
Sales Contracts
-
Transaction Forms
Lesson 5:
Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Lesson 5: Contracts in DC
-
Duty to Compensate
-
Duty to Present
-
Home Inspection Report as Part of the Contract
-
Contract Facts
-
Ratification
-
Common Contract Problems
-
A Convoluted Contract
Lesson 6:
Lesson 6: Escrow Accounts in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Escrow Accounts
-
Breaking Down Earnest Money
-
Handling Earnest Money
-
Deposit Deadline and Location
-
Handling Things Right
-
Illegal Escrow Fund Handling
-
Legal Guidelines
-
Interest Payment
Lesson 7:
Lesson 7: BPOs and CMAs in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Broker Price Opinion
-
Competitive Market Analysis
-
Appraiser Independence
-
Which Is Which?
Lesson 8:
Lesson 8: Ethics and Advertising Requirements in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Advertising Requirements
-
Communication Media
-
Direct Supervision of Broker
-
Display of Company and Broker Name
-
Display of Company Phone Number
-
Ad Facts
Lesson 9:
Lesson 9: Acts Prohibited in DC, Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Prohibited Acts
-
Section 47-2853.197: Prohibited Acts
-
More Prohibited Acts
-
Even More Prohibited Acts
-
And More …
-
And Even More …
-
Skirting Compliance
-
Specific Chapter Violations
-
The Finish Line
Unit 4: Key Points: Code of Ethics for Brokers, Salespersons and Property Managers
Key Points: Unit 4: Code of Ethics for Brokers, Salespersons and Property Managers
-
Key Points: Code of Ethics for Brokers, Salespersons and Property Managers
Student Ratings & Reviews
No Review Yet