Ethics at Work

$39
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
Renewal Requirements

There’s a reason real estate agents often rank among the least trusted professionals in the U.S. But what can you do to improve the public’s perception? And what should you do when you run into an ethical dilemma or into a licensee who’s not behaving ethically? As a real estate professional, you can help raise the bar and improve the reputation of the industry. You can lead by example.

Aligned to the requirements of the current NAR cycle, this course will empower you to recognize and respond to ethical dilemmas, inspiring consumer confidence. For answers to ethical dilemmas, we’ll look to several articles of the National Association of REALTORS® Code of Ethics, and draw from real-life ethical scenarios. In three short hours, you’ll be better prepared to exemplify the professionalism and cooperation that’s the true foundation of the real estate industry.

Course highlights include:

  • Meets both regular ethics renewal requirements and new licensee ethics course requirements
  • The importance of ethical behavior in NAR members and non-members alike, fostering a spirit of cooperation
  • History and evolution of the Code, the preamble, and the Code’s influence on state licensing laws
  • Structure of the Code
  • Review and application of articles 1, 2, 3, 9, 12, 15, and 16 of the NAR Code of Ethics and Standards of Practice
  • Case studies of real-life ethical challenges
  • Mediation and arbitration, with arbitration as the monetary dispute resolution process between REALTORS®
  • Application of Article 17 of the NAR Code of Ethics to the complaints and hearing process
  • Grievance committee vs. professional standards committee
  • Best practices for demonstrating ethical behavior every day

*This course was designed by us to meet the REALTOR® Code of Ethics Training Requirement. Please confirm that your local association, who administers the Code of Ethics training, will accept this course.

Package Content:

State Requirements For Virginia

Virginia State Requirement Details for Real Estate Salesperson Continuing Education

Renewal Date: License expires every two years on the last day of the initial license month. Renew no earlier than 60 days prior to license expiration.

Hours Required by the State if License Expires Before June 30, 2026: 16 hours

  • 8 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 1 hours in Legal Updates and Emerging Trends
    • 1 hours in Real Estate Agency
    • 1 hours in Real Estate Contracts
  • 8 hours of elective course topics or mandatory course topics

Hours Required by the State if License Expires On or After June 30, 2026: 16 hours

  • 11 hours of mandatory course topics
    • 3 hours in Ethics & Standards of Conduct
    • 2 hours in Fair Housing
    • 2 hours in Legal Updates and Emerging Trends
    • 2 hours in Real Estate Agency
    • 2 hours in Real Estate Contracts
  • 5 hours of elective course topics or mandatory course topics

Note: These Continuing Education requirements also apply to inactive experienced salespersons who apply to activate their licenses. No Continuing Education is required of new salespersons in their first two-year license term. However, some new salesperson licensees—upon completion of their 30-hour Post-License Education requirement—may choose to begin taking Continuing Education courses in the six months just prior to renewing their license for the first time. If a new salesperson completes Continuing Education courses in those last six months of the first licensure period, those hours may carry over to the 16-hours required of them during their second two-year licensure term pursuant to 18 VAC 135-20-101.

Virginia Department of Professional and Occupational Regulation Real Estate Board

Street Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Mailing Address: 9960 Mayland Drive, Suite 400, Richmond, Virginia 23233-1485

Telephone: (804) 367-8526 

Email: reboard@dpor.virginia.gov

Virginia Real Estate Board

Real Estate Salesperson Forms