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Have You Completed the Mandated NAR Code of Ethics Requirement?

The deadline to complete a 2 1/2 hour REALTORS® Code of Ethics training is December 31, 2016!

Please be reminded that between January 1, 2013, and December 31, 2016, and for successive four-year periods thereafter, every SFAR member, as a condition of membership, is required to complete a 2 1/2 hour REALTORS® Code of Ethics training course prescribed by the National Association of REALTORS®.  If the requirement is not met, SFAR, CAR and NAR membership will be suspended on January 1, 2017 and a special dues assessment of $640 will be billed to your Broker. 

To check whether or not you have satisfied the mandated NAR Code of Ethics requirement by accessing your education record online, please visit your SFAR account online at mysfar.sfrealtors.com by logging in with your member number (MLS ID) and password. Click on “Track Your Ethics Requirements” and then “Personal Education Tracking.”

If you have not yet satisfied the requirement, there are three ways that you can do so now. 

  • Take the Ethics Course Online – FREE (Visit www.realtor.org, select the “Education” tab, then click on “Code of Ethics Training”)
  • Attend an Ethics Video Class at SFAR - $15.00 - Register here
    • THE ONLY DATES WE HAVE ARE:   Friday December 2nd, 9th, and 16th. After December 16th you will only be able to use the Ethics Course Online described above.

 

**Consequences for Not Completing the Mandated NAR Code of Ethics Requirement**

If the mandated NAR Code of Ethics requirement is not completed by the deadline of December 31, 2016, SFAR, CAR and NAR memberships will be suspended on January 1, 2017.

In the event of a REALTOR® broker’s suspension of membership, the memberships of all REALTOR® agents under his or her office will also become suspended. Further, upon a broker’s termination of membership, the same will apply to his or her agents’ REALTOR® memberships.

If a REALTOR® agent’s membership is terminated, that agent’s broker will incur a Non-Member Special Dues Assessment in the amount of $640 for that agent’s failure to remain an active REALTOR® member licensed under a REALTOR® broker.

Once a terminated REALTOR® who is in default of meeting the mandated NAR Code of Ethics requirement has completed the course, he or she will qualify for reinstatement of membership. However, please note that a reinstatement fee will apply.

 

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