So how is it that our Code of Ethics and Standards of Practice are different in RI Real Estate then in the rest of the country? It has to do with Article 16-4 Duties to Realtors which I had a refresher on the other day in my continuing education real estate course. RI Real Estate practices don't follow the NAR rules.
It has to do with a current listing and finding out the expiration date of that listing with according to the Standard of Practice 16-4 says " ..if the listing broker, when asked by the Realtor, refuses to disclose the expiration date and nature of such listing, i.e., and exclusive right to sell,...or other form of contractual agreement between the listing broker and the client, the Realtor may contact the owner to secure such information and may discuss the terms upon which the Realtor might take a future listing or, alternatively, may take a listing to become effective upon expiration of any existing exclusive listing."
Now in RI real estate we are not allowed to contact the other broker's client to 'discover' the expiration date of the contractual listing agreement. It would be a violation of our Code of Ethics. I truthfully did not remember that we were different than the rest of the country. So what do you think...is this a fair way to operate when the rest (I wonder who else does it the RI way?!) of the country does it based upon NAR's Code? So the Code of Ethics is different in RI Real Estate then the rest of the Country?
Ginny Lacey Gorman knows North Kingstown RI and the geographic area, schools, local happenings, important tidbits of information and businesses well. If you are looking for someone to guide you through the home buying or selling process, Ginny is a licensed Realtor® and would be happy to assist you. Doesn't it make sense to work with someone who knows the community you want to live in well? Waterfront, oceanfront and coastal RI homes for sale are her specialty but all of RI is her backyard. So feel free to search for RI homes for sale. When you are in need of more information from an internet savvy Realtor® who sells RI houses in this real estate market, call Ginny at 401.529.7849.
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Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.
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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor