April is the National Association of REALTORS® Fair Housing Month: Celebrating the 100-Year Anniversary of the Code of Ethics

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The Code’s centennial reminds us how REALTORS® have promoted and protected the dream of property ownership for millions of Americans for over a hundred years.

The Code of Ethics and its focus on fair housing has promoted and protected the American dream of homeownership for over a hundred years.

April is Fair Housing Month, and this year the National Association of REALTORS® (NAR) will showcase the month’s events and activities by celebrating the 100-year anniversary of the REALTORS® Code of Ethics.

During the month of April, NAR is highlighting Article 10 of the Code of Ethics, which specifically addresses the Fair Housing Act. NAR was established in 1908, and in 1913 it adopted a Code of Ethics as a way to establish a professional "Standard of Conduct" for all REALTORS®.

Article 10 of its Code of Ethics states, “REALTORS® shall not deny equal professional services, be party to any plan or agreement to discriminate or in their real estate employment practices discriminate against any person or persons on the basis of race, color, religion, sex, handicap, familial status, national origin or sexual orientation.(1)"

The underlying fundamentals of Article 10 provide a strong foundation for building an ethically sound industry so real estate professionals can focus on what they love doing most—working with people.
“Seeing the look of pure joy on a first-time homebuyers face at settlement—that’s why I love being a REALTOR®,” said Karen Rishar, REALTOR® with Prudential PenFed Realty in Annapolis, Md.
The Code of Ethics and its focus on fair housing has promoted and protected the American dream of homeownership for over a hundred years.

The Code of Ethic’s preamble (2) proclaims, “…the interests of the nation and its citizens require the highest and best use of the land and widest distribution of land ownership,” as well as “…the creation of adequate housing, the building of functioning cities, the development of productive industries and farms, and the preservation of a healthful environment.”

“I absolutely love sharing one of life's biggest events with my clients. It's just an amazing feeling handing them the key to the American Dream,” said Samantha Bendigo, REALTOR® with Prudential PenFed Realty in Gainesville, Va.

NAR Code of Ethics: Fun Facts3

  • In 1916, the term “REALTOR” was purchased from Charles Chadbourn for $1
  • The preamble to the Code of Ethics was written by Arthur H. Barnisel, and adopted in 1924
  • The first Code of Ethics and Arbitration Manual was published in 1973
  • The Code of Ethics is available on Realtor.org in English, Spanish, Tagalog, Chinese, Korean and Vietnamese
  • Corinne Simpson of Seattle became the first woman to join the National Association of REALTORS® in 1910
  • The “Golden Rule” is in the Code’s preamble and it says, “Whatsoever ye would that others should do to you, do ye even so to them.”

To learn more about the National Association of REALTORS® and its Code of Ethics, please visit their website at Realtor.org.

About Prudential Real Estate and HSF Affiliates LLC

Prudential Real Estate is a part of the HSF Affiliates LLC real estate brokerage family, which includes Real Living Real Estate and the new Berkshire Hathaway HomeServices brand available later in 2013. Prudential Real Estate franchises are independently owned and operated.
HSF Affiliates LLC, based in Irvine, Calif., is a joint venture of HomeServices of America and Brookfield Asset Management.

Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, and are used under license with no other affiliation with Prudential.

About Prudential PenFed Realty

Prudential PenFed Realty, wholly owned by PenFed (Pentagon Federal Credit Union), is a full-service real estate company with an annual sales volume over $1.7 billion; serving PenFed members as well as the general public. Recognized as a leading real estate company in its service area, it is ranked among the top Prudential affiliates nationwide. Over 1,700 top-notch sales professionals work out of Prudential PenFed Realty’s 49 offices to provide complete real estate services in Delaware, Florida, Kansas, Kentucky, Maryland, North Carolina, Northern Virginia, Pennsylvania, Washington, D.C. and West Virginia.

Prudential PenFed Realty is an affiliate of the Brookfield/Home Service Franchise (Formerly Prudential Real Estate) Residential Property Services network. Its franchises are independently owned and operated. The network provides franchises with numerous benefits, including access to Prudential Real Estate’s Online Seller Advantage® program designed to provide real-time information to sellers in an easy to use system; and Online Buyer Advantage®, enabling consumers to easily search for property in all 50 states and the District of Columbia. Prudential Real Estate is one of the largest real estate brokerage franchise networks in North America, with more than 1,500 franchise offices and 50,000 sales professionals in the franchise Network as of December 31, 2011.

©2013 BRER Affiliates LLC: An independently owned and operated broker member of BRER Affiliates LLC. Prudential PenFed Realty is an independently owned and operated member of BRER Affiliates LLC. PenFed Membership is not required to conduct business with Prudential PenFed Realty.

Learn more about Prudential PenFed Realty by visiting PenRedRealty.com, call our Career line at 888.732.8233, or email us at: careerline(at)PenFedRealty(dot)com.

References:

(1) 2013 Centennial Code of Ethics posters at: http://www.realtor.org/sites/default/files/handouts-and-brochures/2013/2013-centennial-code-of-ethics-poster.pdf

(2) Fair Housing Focus: REALTORS® Code of Ethics Hits 100 Years at: http://www.realtor.org/publications/fair-housing-focus/2013-fair-housing-focus

(3) NAR Code of Ethics Centennial Quiz at: http://www.realtor.org/sites/default/files/presentations/2013/code-of-ethics-centennial-quiz.pdf

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