Using the Code to Solve Ethical Dilemmas

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
Renewal Requirements

While conducting real estate business, have you encountered a situation in which you weren’t sure what the proper course of action was? What the right thing to do might be? Or maybe you’ve heard your colleagues’ stories and got that uncomfortable, itchy feeling that an action they took wasn’t quite on the up and up.

Let’s look at an uncomfortable truth: real estate agents have a small tarnished image problem. With every transaction being unique, real estate licensees often face ethical gray areas. Some real estate professionals simply don’t understand how to handle complex issues in the most ethical manner, and others bend the rules if they think it’ll keep a transaction on track or a commission in their bank account and not a competitor’s.

Aligned to the requirements of the current NAR cycle, this three-hour course helps licensees deepen their knowledge—and practice—of ethical rules of conduct according to the National Association of REALTORS® Code of Ethics & Standards of Practice. The code isn’t applicable to REALTORS® only, who are duty-bound to uphold the code as a privilege of membership. The code’s guidance serves anyone possessing a real estate license, and licensees who heed the code’s various articles and standards of practice can do the greatest good of all: protecting consumers while also bolstering the reputation of all the industry’s professionals.

Course highlights include:

  • Laws vs. morals vs. ethics
  • Top articles of the code involved in the most complaints (plus a few more)
  • A candid look at the industry’s image problem
  • Common ethical dilemmas and using the code to solve them
  • Foundation and enforcement of the code
  • Competency in real estate practice as a matter of ethics
  • Steering clear of procuring cause disputes
  • Ethics concerns with technology and social media
  • Tips and best practices to keep your reputation polished to a high shine

*This course was designed by us to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Package Content:

State Requirements For Virginia

Virginia State Requirement Details for Real Estate Salesperson Continuing Education

Renewal Date: License expires every two years on the last day of the initial license month. Renew no earlier than 60 days prior to license expiration.

Hours Required by the State if License Expires Before June 30, 2026: 16 hours

  • 8 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 1 hours in Legal Updates and Emerging Trends
    • 1 hours in Real Estate Agency
    • 1 hours in Real Estate Contracts
  • 8 hours of elective course topics or mandatory course topics

Hours Required by the State if License Expires On or After June 30, 2026: 16 hours

  • 11 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 2 hours in Legal Updates and Emerging Trends
    • 2 hours in Real Estate Agency
    • 2 hours in Real Estate Contracts
  • 5 hours of elective course topics or mandatory course topics

Note: These Continuing Education requirements also apply to inactive experienced salespersons who apply to activate their licenses. No Continuing Education is required of new salespersons in their first two-year license term. However, some new salesperson licensees—upon completion of their 30-hour Post-License Education requirement—may choose to begin taking Continuing Education courses in the six months just prior to renewing their license for the first time. If a new salesperson completes Continuing Education courses in those last six months of the first licensure period, those hours may carry over to the 16-hours required of them during their second two-year licensure term pursuant to 18 VAC 135-20-101.

Virginia Department of Professional and Occupational Regulation Real Estate Board

Street Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Mailing Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Telephone: (804) 367-8526 

Email: reboard@dpor.virginia.gov

Virginia Real Estate Board

Real Estate Salesperson Forms