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June 5, 2025

Effective June 5, 2025 Amendments to Code of Ethics

At the recent Legislative Meetings, 11 Standards of Practice in the REALTOR® Code of Ethics were amended and became effective June 5, 2025. These changes:

  • Reiterate the commitments agreed to in the 2024 NAR settlement agreement regarding cooperative compensation;
  • Create a more specific definition of "harassment," aligning with the definition in the NAR Member Code of Conduct; 
  • Focus Article 10's, along with the entire Code of Ethics', application on instances in which REALTORS® are operating in their professional capacity, consistent with similar ethical requirements applied by other large trade associations across the country; and
  • Reduce risk to state and local associations and their volunteer leadership who administer and enforce the Code of Ethics.

"NAR is deeply committed to upholding principles of fair housing and equal treatment for all consumers-these changes aim to make the Code of Ethics clearer while continuing to hold REALTORS® to the highest ethical and professional standards." - Kevin Sears, President, National Association of REALTORS®

RESOURCES

June 5, 2025 Amendments (and Rationales) to the Code of Ethics

Background on June 2025 Changes to Standard of Practice 10-5 and Professional Standards Policy Statement #29

Full Code of Ethics as amended on June 5, 2025