The National Association of Realtors Code of Ethics and Duties

What are the duties included in the National Association of Realtors Code of Ethics?

A. Duties to clients and customers

B. Duties to the public

C. Duties to Realtors

D. All of the above

Final answer:

The National Association of Realtors Code of Ethics includes duties to clients and customers, the public, and other Realtors, embodying principles similar to Ross's prima facie duties like fidelity, non-maleficence, and promoting aggregate good.

The National Association of Realtors Code of Ethics includes the following: Duties to clients and customers, Duties to the public, and Duties to Realtors. Each of these areas encompasses a set of standards that real estate professionals pledge to uphold. The duties to clients and customers focus on loyalty and the duty of care, ensuring that a realtor's actions are always aligned with the client's best interest while maintaining confidentiality. Duties to the public ensure that Realtors comply with laws and regulations, treating all parties with honesty. Duties to Realtors encourage respect, honesty, and fairness among practitioners within the industry.

These duties align with Ross's ethical theories, such as the duty of fidelity, duty of non-maleficence, and the duty to promote a maximum of aggregate good. Realtors are expected to keep their promises (fidelity), avoid harm to others (non-maleficence), and contribute positively to the well-being of their clients and community, promoting good (aggregate good).