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Ethical Excellence: Raising the Bar (Ethics Elective)

$59
This product includes:
LICENSE RENEWAL PERIOD: 3 YEARS Elective Hours: 4 Mandatory Hours: 0 Total Hours: 4
Description
State 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, we’ll look to several articles of the National Association of REALTORS® Code of Ethics, and draw from real-life ethical scenarios. In four 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
  • The ethical dilemmas presented by newer technologies
  • 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.

NAR Ethics Requirement

This course was designed 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 New Mexico

New Mexico State Requirement Detail for Real Estate Continuing Education

Renewal Date: Every three years

Hours Required: 42 hours

Qualifying Brokers:

  • 42 CE credit hours required every 3 years including:
    • 12 hours: annual core courses (4-hour core course required in each year of the broker's licensing cycle)
    • 8 hours: core elective courses
    • 6 hours: qualifying broker refresher course
    • 4 hours: ethics
    • 12 hours: education electives

QBs must attend either a NMREC Commission Meeting or a NMREC Disciplinary Hearing once in their 3-year cycle for up to 3 hours or to the meeting or hearing adjournment into Executive Session whichever is first. 

The CE Shop’s Offering: 24 hours

Reporting: The state does not require schools to report course completions.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Final Exams: Final exams must be passed with at least a 75% and may be taken as many times as necessary in order to pass.

Certificates: Immediately upon real estate course completion, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your renewal application to determine if you need to submit your certificate(s) of completion with your renewal. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

Post-Licensing: Associate Brokers licensed for the first time must complete the 30-hour New Broker Practices course within their first year of licensure. The CE Shop does not offer this course at this time.

License Renewal Process: The process to renew in this state is to log in to the licensing system online and follow the prompts to renew.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

New Mexico Real Estate Commission

Street Address: 5500 San Antonio Dr. NE, Suite #B, Albuquerque, New Mexico 87109

Telephone: 505.476.4622

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