T
he National Association of Realtors is reviewing its Code of Ethics, with proposed changes aimed at clarifying and refining the rules. The amendments would define "harassment" more clearly and limit disciplinary action related to harassment to professional settings. This move comes as Texas lawmakers consider a bill that could impact trade organizations' ability to enforce their codes of conduct.

    The proposed changes also include requiring members to inform clients that agent compensation is negotiable, likely in response to the Sitzer/Burnett lawsuit. NAR's leadership will weigh these proposals before presenting them to the board of directors for ratification.

    NAR president Kevin Sears emphasized the importance of clear and enforceable language in the Code of Ethics, stating that without it, the code's defensibility and sustainability are at risk. The association aims to ensure its 1.5 million members across the country understand and adhere to the code's principles.