15 Things NAR Members Should Know about the New Ethics Requirements

New Ethics Requirements for NAR Members

 

There is a new Ethics regulation implemented by the National Association of Realtors that has not been widely distributed.

I heard about this latest change from our instructor, Judy Wagner, who heard about it from someone at her Association. Thank you to our Speaker of the Year.

#1–Who must take the extra Ethics classes?  All Realtors®. This is an NAR rule, so this does not affect California Licensees who are not Realtors®. There is no exemption for this requirement for Realtors over 70.  Therefore, please do not call the California Bureau of Real Estate; they have nothing to do with this new requirement.  

#2–If I take an Ethics Class every four years to renew my license, will this count for one of the classes? Yes, but do not take the Survey License Renewal Course in lieu of taking the six Mandatory courses.

#3–Why did NAR do this? I do not know, ask your NAR Directors at your Association.

#4–Who is responsible for notifying NAR? It appears that Realtors must report their class to their local Association, who then notifies NAR.

#5–Can I take a class from someone other than NAR of CAR? Yes, you can take your classes from a Proprietary Provider (translation-Duane Gomer Education). Our courses qualify as they are approved by the CalBRE.

#6–When will I have to take them? The rule is that you must take an Ethics Class during every two year cycle. The first cycle is set as January 1, 2017 to December 31, 2018. Then, the second cycle by logic will be January 1, 2019 to December 31, 2020.

#7–Does the date of my license renewal have any bearing on this? No. It is when you take the actual classes.

#8–My license renews during the first cycle. Take an Ethics class during the first two years. Then wait until 1/1/2019 to take another Ethics Course.

#9–My license renews during the second cycle. Be sure you complete three hours of Ethics during the first cycle even if you do not take the other 42 Hours to renew.

#10-Will Duane Gomer Education offer these classes? Of course!

#11-Will I receive any reminders to take the Ethics course? We intend to send a note to everyone in our database of students on December 1, 2018 asking you if you have taken an Ethics class during this time. We will ask you to reply that you received the alert and have completed the course, otherwise we look forward to helping you register for the class.

#12-Shouldn’t you do this sooner? We will also send it out earlier, but we will give a final alert as above as you may be surprised that some Realtors do not always plan early. We will title that email, “The Procrastinator Special”. The course will take three hours, not three days.

#13-What happens if I do not do it on time? Your Realtor membership will be suspended and that includes all aspects. The suspension will run for two months or until the course is completed. After two months, your membership is terminated.

#14-Where can I get more information? I went to Realtor.org and put in the search bar, “New Ethic’s Requirements” and a large Q&A appeared.

#15-For More Information or to Get Your First Cycle Completed: Contact Duane Gomer Education at 949-457-8930 or info@DuaneGomer.com. See you in class.

9 Responses to 15 Things NAR Members Should Know about the New Ethics Requirements

  1. Michael Jones February 8, 2017 at 9:51 am #

    I ama Broker with over 30 years and I am 77 years of age. Do I need to take this course?

    • Duane Gomer February 9, 2017 at 11:11 am #

      Yes, you will have to take both courses. You are not exempt from this rule. CA should change the rule on this. People over 70 need education just like everyone else. I am 86 and I believe I should take courses. Also, you can not complete the requirement by taking the “Survey” course approved by CALBRE.

  2. Duane Gomer Education February 8, 2017 at 4:32 pm #

    If you are a member of the National Association of Realtors, then yes.you will need to take the ethics course. The 70/30 continuing education exemption only exempts you from the continuing education for the CalBRE renewal, it does not exempt you from taking the ethics course to renew your membership with the National Association of Realtors.

  3. Mary February 9, 2017 at 11:31 am #

    R U really 86???? If so, I am mighty impressed!

    • Duane Gomer February 15, 2017 at 11:36 am #

      That I are. 86 as of 1/4/2017. Still doing seminars. Why, I enjoy it more than doing nothing? Keeps you young have something to do every morning. Here is my latest business card photo.

      Business Card Photo

  4. Albert Aftalion February 17, 2017 at 1:08 pm #

    Does this New Ethics Requirement from NAR have a “name” that we can refer to?

    Thank you,

    Albert Aftalion

    • Duane Gomer February 22, 2017 at 9:51 am #

      It is the NAR Bi-Yearly Ethics Requirement

  5. Harrison K. Long February 24, 2017 at 10:39 am #

    Thanks Duane Gomer for clarifying the New Ethics Requirements for NAR Members.

    • Duane Gomer February 27, 2017 at 11:32 am #

      You are welcome HKL, BTW, are you a Yelp member. It would be an honor to have you mention to them my course.

      DG

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