In 1915, two years after the founding of the National Association
of Realtors, its members adopted a code of ethics establishing standards
of practice which guide Realtors in their practice of real estate.
In its introduction it states, “ Under all is the land. Upon it wise utilization
and widely allocated ownership depend the survival and growth
of free institutions and of our civilization. Realtors should recognize that
the interests of the nation and its citizens require the highest and best use
of the land and the widest distribution of land ownership.
They require the creation of adequate housing, the building of
functioning cities, the development of productive industries and farms,
and the preservation of a healthful environment. Such interest impose obligations
beyond those of ordinary commerce. They impose grave social responsibility and
a patriotic duty to which Realtors should dedicate themselves, and for which
they should be diligent in preparing themselves.
Realtors, therefore, are zealous to maintain and improve the standards of
their customers, the public, and each other.”
These mandates are as relevant today as they were a hundred years ago.