NAR required that our Realtor members take Code of Ethics Training

Written by Paige Campbell | Feb 12, 2019 8:09:09 PM

CODE OF ETHICS TRAINING

PSAR's mission is to empower our members and we didn't feel that shutting down your business would be very empowering so we have been holding off. NAR required that PSAR Terminate our Realtor members who did not take Code of Ethics Training on December 31st. By keeping you active, PSAR is risking our agreement with NAR which puts all our members at risk.

PSAR is now forced to terminate your Realtor services. You will lose access to Zipforms and all of your Realtor Benefits. After March 1st, NAR will require all members who are terminated to join as a NEW member and pay the $100 new member fee in addition to still needing to complete the training.

You are really important to us. Our mission is to empowering you and shutting down your service is contrary to our mission.

To avoid termination please do one of the following immediately:

1. Call us to provide proof that you have taken the mandatory COE training.

2. Log on to NAR's website and take the FREE Training

*PSAR does not have access to see your NAR login credentials, please use the "Forgot Password" function if you have created an account before or "New User Registration" if you never have created an account with NAR. To obtain your NRDS number for either of these functions please use the "Find your NRDS ID" function here.

NAR Member Support, 1-800-874-6500 OR ContactNAR@realtors.org

More on the details and changes to Code of Ethics effective 2018:

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®.

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.

Consequences for Not Completing the Mandated NAR Code of Ethics Requirement

Failure to meet the requirement is a violation of a membership duty and will result in suspension of membership for the first two months (January and February) of the year following the end of any two (2) year cycle or until the requirement is met, whichever occurs sooner. On March 1 of that year, the membership of a member who is still suspended as of that date will be automatically terminated.

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