Article 9 of the Code of Ethics about Written Agreements Requires Realtors to

For the protection of all parties, REAL ESTATE AGENTS will take reasonable precautions to ensure that documents relating to the purchase, sale or rental of real estate are kept up to date through the use of written extensions or modifications. (Amended 1/93) Jeff, after all these articles, I also thought about joining our Professional Standards Council. Caron. I agree. I make these contributions to better understand them. Maggie- Thank you and welcome aboard!! (The photos are from a free photo site. I wish I could take pictures with such bright colors…) Tim- I was wondering if anyone would look for that. but what a BIG (and appropriate) word. Rochell- Thank you very much. I began to realize that common sense is no longer too common. sad.

Jim- Did you know that Colorado is at the forefront of agency law? We take all this VERY seriously and I love it! Dena- Der. Yes. Der.Jennifer- Thank you very much! I really appreciate it. Dave- There`s this delicate balance between oversimplification and overcomplication. Michele- «Never accept anything» – Exactly! Lloyd- Thank you very much. We do not use lawyers at COlorado for our contracts (only for certain situations), but what you have said is true. Less is better (as long as all the important points are covered…). Real estate agents may not knowingly or recklessly make false or misleading statements about their competitors, businesses or business practices. (Amended 1/92) REAL ESTATE AGENTS, if you act exclusively as a customer in a real estate transaction, are not required to settle disputes with other REAL ESTATE AGENTS, unless there is an express written agreement. (adopted on 1/96) In my quest to decode the National Association of Realtors®` Code of Ethics, I now give you number 7 in the series. In this article, I will refer to Article 9. This article examines how contracts are written, transmitted, and «held together,» according to the National Association of Realtors®.

(I apologize for the delay in publishing this article and Article 10 will follow shortly.) Think of it this way. A broker® must use language that all contracting parties can understand. A person should not need to have a GRI and a legal degree to understand the contract. When a contractual dispute ends before a jury, the jury is made up of «ordinary people» who must understand exactly what the contract says. If it`s not easy, there`s a good chance it`s misunderstood. Moreover, it is never necessary to enter «guilt» or «innocence» into a contract. First of all, it is not within the scope of a broker®. and second, I would question the entire contract or agreement if «guilt» or «innocence» were to be part of it. Right? After all, using flowery and grandiloquent jargon makes a broker look like a magnified and pompous broker® and does nothing for the reputation of integrity that a broker® represents. Secondly, mail or other forms of written requests from potential customers whose properties are listed exclusively on other REAL ESTATE AGENTS, if these requests are not part of a general shipment, but are specifically addressed to owners identified by compilations of current offers, signs «for sale» or «for rent» or other sources of information in accordance with Article 3 and the rules of the multiple listing service.

are necessary to be made available to other REAL ESTATE AGENTS in the context of sub-agency offers or cooperation. Obligations to REAL ESTATE®AGENTSArticle 15 Reactors® may not knowingly or recklessly make false or misleading statements about other real estate professionals, their activities or business practices. Article 16 AGENTS may not engage in any practice or take measures incompatible with the exclusive® representation or exclusive brokerage agreements that other REAL ESTATE ® AGENTS have with clients. Article 17 REACTORS® undertakes to settle and settle financial disagreements with other REAL ESTATE AGENTS and with their clients®. Real estate agents are aware that working with other real estate professionals promotes the best interests of those who use their services and pushes for the exclusive representation of clients. do not seek an unfair advantage over their competitors; and they refrain from making unsolicited comments about other practitioners. In cases where their opinion is solicited or when real estate agents feel that a comment is necessary, their opinion will be offered objectively, professionally and without influence by personal motivation or potential benefit or gain. Real estate agents acting as representatives of buyers or tenants must disclose this relationship to the seller/owner`s representative at first contact and provide the seller/owner`s representative with written confirmation of such disclosure no later than when entering into a purchase contract or lease. (Amended 1/93) I always try to approach the company as if I were the consumer. Well, if I were a consumer and checked out your blog, I`d be impressed to see the broker`s code of ethics here.

That would make me want to know more about you. Article 16 does not prevent REAL ESTATE AGENTS from making general announcements to potential customers describing their services and the conditions of their availability, even if some recipients may have concluded agency contracts with other REAL ESTATE AGENTS. .