The third in the series of National Association of REALTORS® (NAR) mandated Code of Ethics (COE) requirements is set for December 31, 2012. All REALTORS® who wish to maintain their REALTOR® status will need to complete a minimum of 2.5 hours of an “approved” COE course.
(This is NOT a requirement of the Minnesota Department of Commerce to renew REALTORS®’ licenses. This is a professional requirement as determined by the elected Board of Directors at NAR.)
There are 2 options to complete the requirement:
1. Take course online from NAR—www.realtor.org
The course is FREE. As soon as you pass the test, your completion is automatically uploaded to your NAR record that you have met the 2012 requirement. No continuing education available.
– or –
2. Take the course with live instructor from “approved” provider.
There will be a fee as good instructors do not work for free. Your local and state associations are providing “instructor live” classes all over the metro area in the coming months leading up to December 2012. Continuing education credits will be available from the “approved” local and state association provider you select.
Note: The Minneapolis Area Association of REALTORS® is not responsible for other provider's claims that their course meets the NAR Code of Ethics Quadrennial Requirement.
More information regarding the NAR Quadrennial Ethics can be found at www.realtor.org.