The Need to Maintain High Ethical Standards in Real Estate Practice
Collaboration with Other Professionals – Real estate agents work closely with professionals from various fields, including banking, financing, and the legal practice, requiring them to operate at the same professional standards.
Legal Recognition – Many jurisdictions have specific Acts that recognize real estate professionals, granting them the authority to act officially.
Specialized Knowledge and Training – Real estate is a specialized field that requires extensive training, certification, and relevant work experience.
Public Trust and Market Standing – A well-established ethical framework enhances the profession’s status and fosters confidence among clients and the general public.
