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FOR A COPY OF THE
                                                       CURRENT CODE OF ETHICS
                                                                 GO TO
                                                       WWW.FAARMEMBERS.COM,
                                                          CLICK ON MEMBER
                                                         SERVICES TAB, SELECT
                                                       REALTOR® CODE OF ETHICS.
How does it work?
A REALTOR® or member of the public files a                TO FILE A COMPLIANT
complaint in the customary manner completing
a Complaint Form with potential violated                 CONTACT PAT BREME AT
Articles cited and attaching a narrative to            PBREME@FAARMEMBERS.COM
describe the situation plus any documentation
to defend the position.                                       540.373.7711

If the Grievance Committee rules that the
Articles cited are eligible for the Citation
System, the Respondent will be notified. Once
notified, the Respondent has 10 days to agree
or not agree to participate in the Citation
System. If the Respondent agrees, he/she
would pay a pre-set fine associated with that
Article and/or attend mandatory education.

Complaints coming from the other participating
Associations (DAAR, PWAR, GPAAR, NVAR)
will be treated in the same way as outlined.
                                                                                              Citation System
                                                                                                FOR CODE OF ETHICS VIOLATIONS
                                                                                             AND SUPRA KEYBOX SYSTEM VIOLATIONS
Sounds like a traffic ticket process.
The Citation System does operate much like
getting a traffic ticket. The alleged offender may
accept the ticket or fight the ticket in court. As a
Respondent, electing the Citation System
avoids an uncomfortable and often times
consuming hearing process.

                                                              540.373.7711
                                                                                                Fredericksburg Area
In this process, the Complainant invests less
time, justice is still served, and the industry               www.FAARmembers.com            Association of REALTORS®
draws less attention from unethical behavior.                 www.facebook.com/faarmembers
CODE OF ETHICS VIOLATIONS
                                                                                                               Article 1:    $500   Failure to disclose dual representation and
FAAR introduces the                                                                                                                 obtain written informed consent from both
                                                                                                                                    parties.

Citation System
STREAMLINING THE COMPLAINT PROCESS
                                                                                                               Article 3:

                                                                                                               Article 3:
                                                                                                                             $400

                                                                                                                             $250
                                                                                                                                    Failure to disclose existence of dual or
                                                                                                                                    variable rate commission.
                                                                                                                                    Failure to disclose existence of other
                                                                                                                                    contracts/offers with unresolved
                                                                                                                                    contingencies to cooperating broker.
                                                                                                               Article 4:    $300   Failure to disclose REALTORS® interest in
                          Why does unprofessional behavior         Why should a Respondent choose                                   a property being bought or sold.
                          go unreported?                           the Citation System?                        Article 5:    $300   Providing professional services without
                          REALTORS® don’t file Ethics              The best feature of this system is that                          disclosing interest in the property.
                          Complaints against other                 a member can agree to pay a fine            Article 6:    $400   Accepting any commission, rebate or profit
                                                                                                                                    on expenditures without client’s knowledge
                          REALTORS® for a variety of reasons:      regarding alleged misbehavior and
                                                                                                                                    or consent.
T O INCR EASE TH E         Takes too much time                    avoid the hearing process. Of course,       Article 9:    $200   Failure to fill out all necessary forms fully
                           Don’t want to sit through a long       the Respondent retains the right to                              and completely.
PROFESSIONALISM
                             hearing with someone who might        have the full hearing to defend his or      Article 9:    $400   Failure to obtain necessary signatures on
                                                                   her case. The program only covers                                forms.
OF MEMBER S AND              be involved in a future transaction
                                                                                                               Article 12:   $250   Failure to present a true picture in real
                           Nothing ever gets accomplished         certain Articles of the Code- 1, 3, 4, 5,
                                                                                                                                    estate communications and advertising.
PROT ECT TH E              The penalties aren’t harsh enough      6, 9, 12, 14, 16. The fines range from      Article 12:   $150   Failure to disclose professional status in
                           And a myriad of other excuses          $150 to $500.                                                    advertising or other real estate
IN TER EST S OF THE                                                                                                                 communications.
                                                                   With the Citation System, cases move        Article 12:   $500   Advertisement offering to sell/lease
PUBLIC .                  Objective 2 of FAAR’s Strategic Plan                                                                      property without the authority of the owner
                          is that professionalism is the           quickly through the system without
                                                                                                                                    or the listing broker.
                          foundation of the REALTOR®               necessarily having to go through a          Article 12:   $150   Failure to disclose name of firm in
                          business philosophy. The ongoing         lengthy hearing process and justice is                           advertisement for listed property.

                          charge is to emphasis professional       still served.                               Article 12:   $250   Claiming to have “sold” a property when not
                                                                                                                                    the listing broker or cooperating broker.
                          courtesy, encourage awareness and                                                    Article 14:   $500   Failure to cooperate in any professional
                          adherence to the Code and educate        The Citation System is for ethics
                                                                                                                                    standards proceeding.
                          the members on the filing process of     complaints and infractions of the           Article 16:   $400   Use terms of an offer to modify listing
                          an ethics complaint, request for         Rules and Regulations for the                                    broker’s offer of compensation.

                          arbitration/mediation. With the charge   SUPRA Keybox System for                     Article 16:   $200   Placement of “for sale” or “for lease” sign
                                                                   REALTOR® Members.                                                on property without permission of
                          in mind FAAR joined four other area                                                                       seller/landlord.
                          Associations to launch the Citation      Arbitration/mediation services are
                                                                                                               LOCKBOX VIOLATIONS
                          System- Prince William, Dulles Area,     available through the normal                Policy 3:     $500   Use of lockbox to gain unauthorized access
                          Northern Virginia, and the Greater       processes.                                                       to a property.
                                                                                                               Policy 5:     $450   Attaching PIN to card.
                          Piedmont Associations of
                                                                                                               Policy 5:     $450   Sharing PIN with another person.
                          REALTORS®.                                                                           Policy 5:     $500   Lending card or property key to another
                                                                                                                                    person.
                                                                                                               Policy 5:     $500   Duplicating card or property key.
                MEMBERS OFTEN COMPLAIN ABOUT THE UNPROFESSIONAL BEHAVIOR                                       Policy 10:    $500   Using a lockbox to enter a property while
                                                                                                                                    not holding a current license.
                OF FELLOW MEMBERS BUT REFUSE TO DO ANYTHING ABOUT IT.                                          Policy 17:    $450   Publication or distribution of Call Before
                                                                                                                                    Showing codes.
                                                                                                               Policy 17:    $250   Failure to remove a lockbox within 48 hours
                                                                                                                                    of settlement.

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FAAR Code of Ethics Citation Program

  • 1. FOR A COPY OF THE CURRENT CODE OF ETHICS GO TO WWW.FAARMEMBERS.COM, CLICK ON MEMBER SERVICES TAB, SELECT REALTOR® CODE OF ETHICS. How does it work? A REALTOR® or member of the public files a TO FILE A COMPLIANT complaint in the customary manner completing a Complaint Form with potential violated CONTACT PAT BREME AT Articles cited and attaching a narrative to PBREME@FAARMEMBERS.COM describe the situation plus any documentation to defend the position. 540.373.7711 If the Grievance Committee rules that the Articles cited are eligible for the Citation System, the Respondent will be notified. Once notified, the Respondent has 10 days to agree or not agree to participate in the Citation System. If the Respondent agrees, he/she would pay a pre-set fine associated with that Article and/or attend mandatory education. Complaints coming from the other participating Associations (DAAR, PWAR, GPAAR, NVAR) will be treated in the same way as outlined. Citation System FOR CODE OF ETHICS VIOLATIONS AND SUPRA KEYBOX SYSTEM VIOLATIONS Sounds like a traffic ticket process. The Citation System does operate much like getting a traffic ticket. The alleged offender may accept the ticket or fight the ticket in court. As a Respondent, electing the Citation System avoids an uncomfortable and often times consuming hearing process. 540.373.7711 Fredericksburg Area In this process, the Complainant invests less time, justice is still served, and the industry www.FAARmembers.com Association of REALTORS® draws less attention from unethical behavior. www.facebook.com/faarmembers
  • 2. CODE OF ETHICS VIOLATIONS Article 1: $500 Failure to disclose dual representation and FAAR introduces the obtain written informed consent from both parties. Citation System STREAMLINING THE COMPLAINT PROCESS Article 3: Article 3: $400 $250 Failure to disclose existence of dual or variable rate commission. Failure to disclose existence of other contracts/offers with unresolved contingencies to cooperating broker. Article 4: $300 Failure to disclose REALTORS® interest in Why does unprofessional behavior Why should a Respondent choose a property being bought or sold. go unreported? the Citation System? Article 5: $300 Providing professional services without REALTORS® don’t file Ethics The best feature of this system is that disclosing interest in the property. Complaints against other a member can agree to pay a fine Article 6: $400 Accepting any commission, rebate or profit on expenditures without client’s knowledge REALTORS® for a variety of reasons: regarding alleged misbehavior and or consent. T O INCR EASE TH E  Takes too much time avoid the hearing process. Of course, Article 9: $200 Failure to fill out all necessary forms fully  Don’t want to sit through a long the Respondent retains the right to and completely. PROFESSIONALISM hearing with someone who might have the full hearing to defend his or Article 9: $400 Failure to obtain necessary signatures on her case. The program only covers forms. OF MEMBER S AND be involved in a future transaction Article 12: $250 Failure to present a true picture in real  Nothing ever gets accomplished certain Articles of the Code- 1, 3, 4, 5, estate communications and advertising. PROT ECT TH E  The penalties aren’t harsh enough 6, 9, 12, 14, 16. The fines range from Article 12: $150 Failure to disclose professional status in  And a myriad of other excuses $150 to $500. advertising or other real estate IN TER EST S OF THE communications. With the Citation System, cases move Article 12: $500 Advertisement offering to sell/lease PUBLIC . Objective 2 of FAAR’s Strategic Plan property without the authority of the owner is that professionalism is the quickly through the system without or the listing broker. foundation of the REALTOR® necessarily having to go through a Article 12: $150 Failure to disclose name of firm in business philosophy. The ongoing lengthy hearing process and justice is advertisement for listed property. charge is to emphasis professional still served. Article 12: $250 Claiming to have “sold” a property when not the listing broker or cooperating broker. courtesy, encourage awareness and Article 14: $500 Failure to cooperate in any professional adherence to the Code and educate The Citation System is for ethics standards proceeding. the members on the filing process of complaints and infractions of the Article 16: $400 Use terms of an offer to modify listing an ethics complaint, request for Rules and Regulations for the broker’s offer of compensation. arbitration/mediation. With the charge SUPRA Keybox System for Article 16: $200 Placement of “for sale” or “for lease” sign REALTOR® Members. on property without permission of in mind FAAR joined four other area seller/landlord. Associations to launch the Citation Arbitration/mediation services are LOCKBOX VIOLATIONS System- Prince William, Dulles Area, available through the normal Policy 3: $500 Use of lockbox to gain unauthorized access Northern Virginia, and the Greater processes. to a property. Policy 5: $450 Attaching PIN to card. Piedmont Associations of Policy 5: $450 Sharing PIN with another person. REALTORS®. Policy 5: $500 Lending card or property key to another person. Policy 5: $500 Duplicating card or property key. MEMBERS OFTEN COMPLAIN ABOUT THE UNPROFESSIONAL BEHAVIOR Policy 10: $500 Using a lockbox to enter a property while not holding a current license. OF FELLOW MEMBERS BUT REFUSE TO DO ANYTHING ABOUT IT. Policy 17: $450 Publication or distribution of Call Before Showing codes. Policy 17: $250 Failure to remove a lockbox within 48 hours of settlement.