NAR stepping into wildly unknown territory

To them, at least.

The RE.net is evolving, and mostly self-policing, much too quickly for the National Association of Realtors to regulate it. Good luck to them if they have any thought that this might fly -

6. Posting unfavorable/unflattering (but truthful) comments to Blogs

This is already covered in the Code of Ethics:

Article 15
REALTORS® shall not knowingly or recklessly make false or misleading statements about competitors, their businesses, or their business practices. (Amended 1/92)
• Standard of Practice 15-1
REALTORS® shall not knowingly or recklessly file false or unfounded ethics complaints. (Adopted 1/00)
• Standard of Practice 15-2
The obligation to refrain from making false or misleading statements about competitors’ businesses and competitors’ business practices includes the duty to not knowingly or recklessly repeat, retransmit, or republish false or misleading statements made by others. This duty applies whether false or misleading statements are repeated in person, in writing, by technological means (e.g., the Internet), or by any other means. (Adopted 1/07)

Regulating true statements? Please find a better way to direct our resources.

More and more.

This subject was alluded to a few months ago in a post questioning whether real estate blogging is advertising and how it should be regulated by the (in this case) Virginia Real Estate Board.

Technorati Tags: ethics, real estate, realtor

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