Quote:
Originally Posted by Tom Dumansky
REALTORS are held to a higher standard with the Code Of Ethics enforced by the State and Nation Board of REALTORS. They can be fined and possibly lose their license if they are found in violation of the Code Of Ethics!
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Yes, a licensed agent can lose his or her State license for doing something unethical. That would be done by the State board of licensing. But, it would not have anything to do with being a Realtor, a designation provided by the National Association of Realtors (NAR), which is a private organization that has nothing to do with issuing real estate agent licenses. All agents with a state license are held to the same ethical standards that are established by the state, with regard to holding and maintaining their license.