How does the REALTOR® Code of Ethics generally approach ethical issues?

The REALTOR® Code of Ethics approaches ethical issues through a pragmatic, "hands-on" approach. This means that the code emphasizes practical guidelines and standards of conduct that REALTORS® are expected to follow in their daily business practices. By focusing on real-life applications and scenarios, the Code provides actionable direction to help real estate professionals navigate ethical dilemmas they may face in their interactions with clients, other professionals, and the public.

This practical orientation helps ensure that ethical behaviors are not just theoretical concepts, but rather tangible actions that can be incorporated into everyday practices. It encourages REALTORS® to consider the implications of their actions in a realistic context, promoting accountability and trust in the profession.

The simplicity and clarity of this approach make it easier for real estate professionals to adhere to ethical standards, as they can relate these principles to specific situations they encounter in their work.