Code of Ethics Training Mandated by NAR

Posted by Joyce Evans on Oct 10, 2018 4:08:10 PM

 

furiousCode of Ethics Training REQUIRED BEFORE DECEMBER 31ST

NAR Requires that members must complete 2.5 hours of ethics training, meeting specific learning objectives every two years. 

All REALTORS with licenses expiring in 2019 or 2020 must complete the Code of Ethics training by December 31, 2018.  

 

Don't beat yourself up next year by forgetting to take care of this now! You have options today.

 

Code of Ethics Free Online

FREE ONLINE CODE OF ETHICS TRAINING: REGISTER HERE

 

Code of Ethics Live Free

FREE LIVE CLASSROOM ETHICS TRAINING

Chula Vista Sign up:  REGISTER HERE

or 

Sign up online at psar.org:  REGISTER HERE

 

PSAR's Chula Vista Service Centers Schedule:

Chula Vista
     Friday, January 11, 9:30A - 12:00A

REALTORS® are required to complete ethics training of not less than 2 hours, 30 min. of instructional time within a two-year cycle. The training must meet specific learning objectives and criteria established by the National Association of REALTORS®.

New members of local REALTOR® associations must complete similar training when they first join. A new member who has completed the New Member Code of Ethics Orientation shall not be required to complete additional ethics training until the next two-year cycle.

A REALTOR® who has completed the required ethics training within a two-year cycle in one association shall not be required to complete any further ethics training for that same training cycle if the REALTOR® becomes or is a member of another association. In addition, a member may take courses to satisfy this ethics training requirement through any association or outside training facility where the member can provide satisfactory documentation of completion.

IMPORTANT:  Starting in 2017, the NAR ethics requirement becomes biennial, and members will need to obtain ethics training during the reporting periods during which they are not renewing their California real estate licenses.

OPTION 1 (Free): Take the Ethics course online through the National Association of REALTORS here. Login Required.  The helpline number for the site is 800-874-6500.

NOTE: When you have successfully completed the online course, you will receive a confirmation by e-mail from www.realtor.org. Please forward the completion confirmation to PSAR at education@psar.org. Note that completion of this Ethics course will not meet the BRE license renewal requirement.

OPTION 2 (Free for Members):  Attend a Live Ethics Class at PSAR- Register here

Consequences for Not Completing the Mandated NAR Code of Ethics Requirement

If the mandated NAR Code of Ethics requirement is not completed by the deadline of December 31, 2018, PSAR, CAR and NAR memberships will be suspended on January 1, 2019.

In the event of a REALTOR® broker’s suspension of membership, the memberships of all REALTOR® agents under his or her office will also become suspended. Further, upon a broker’s termination of membership, the same will apply to his or her agents’ REALTOR® memberships.

If a REALTOR® agent’s membership is terminated, that agent’s broker will incur a Non-Member Special Dues Assessment in the amount of $740 for that agent’s failure to remain an active REALTOR® member licensed under a REALTOR®.

Once a terminated REALTOR® who is in default of meeting the mandated NAR Code of Ethics requirement has completed the course, he or she will qualify for reinstatement of membership. However, please note that reinstatement fees will apply.

For questions, please email support@psar.org.

Topics: Education