Ethics help better the industry for all
For more than 100 years, Illinois REALTORS® has worked to provide professional representation to buyers and sellers. The association’s members follow the REALTOR® Code of Ethics, and have a commitment to work with REALTORS® and their clients to resolve disputes. The association has two programs to help with maintaining professional standards.
The association offers two options to help resolve disputes:
Consumer / REALTOR® Dispute Resolution
Real estate transactions can be complex. For members of the public, it can help to have someone knowledgeable about real estate practices to answer basic questions or work to resolve minor disputes. Illinois REALTORS® has a team of ombudsmen who work with consumers and REALTORS® to resolve disputes. Any member of the public or an Illinois REALTORS® member who has a question about or dispute with a REALTOR® can get assistance.
Illinois REALTORS® operate under the REALTOR® Code of Ethics which outlines standards of professional practice. If a dispute arises with a REALTOR® regarding several provisions of the Code, complaints may be filed for review by a panel of Illinois REALTORS® members which specializes in ethical standards. The complaints, which can be filed anonymously, can come from REALTORS® or REALTORS®’ clients.
Professional standards toolkit
Illinois REALTORS®’ experts help you to avoid ethical pitfalls and share best practices as part of an ongoing commitment to training members. Find videos on professional standards, mediation, arbitration and social media, plus an advertising dos and don’ts guide.
Members of the National Association of REALTORS® (and Illinois REALTORS®) must successfully complete a 2.5-hour course in ethics, an element of NAR’s Code of Ethics. The policy requires that REALTORS® take ethics training within given two-year cycles and continue to update their education in successive two-year periods thereafter.