answersLogoWhite

0


Best Answer

A good real estate agents builds a career on the trust and confidence of his/her clients. In order to earn loyal clients and referrals one must demonstrate ethical values and adhere to the Realtor Code Of Conduct.

Ethical values are essential to civilization. A good reputation is essential for any business to survive and prosper.

Answer

Ethics are important for the benefit of the consumerbecause the real estate industry is a nesting ground for all kinds of fraud against consumers. Real estate agents, inspectors, appraisers, attorneys and bankers are all in a special position of trust. The consumer must be able to depend on their honesty and integrity because they are the experts we need to depend upon to help us purchase the biggest investment of our lives. America is in trouble right now because of fraud and predatory professionals connected to the real estate industry.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is it important to have ethical values in real estate industry?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What the importance of ethical values?

ethical values important because generallyimproving of honest, panctualty


What is another word for moral values?

Depending on the context, 'moral values' could also refer to:- * morality * ethical values * principles * standards * values


What are the biggest factors when deciding real estate values?

There are a number of factors that must be considered when deciding on real estate values. Some of the most important are the age of the house, property size, and number of bedrooms.


What the definition of values?

Values are a person's or society's beliefs about what is important or desirable. They serve as guiding principles that influence behaviors, decisions, and attitudes. Values can be moral, ethical, cultural, or personal in nature.


How do personal values differ from professional ethical?

Different objectives. Professional ethics are how the industry, any professional industry,should operate... personal ethics are how we ourselves should operate, not only in relation to the professional world but in our own personal, and social, spaces.


What is a formal statement of an organization's primary values and the ethical rules its employees to follow?

A mission statement is a formal statement of an organization's primary values and the ethical rules its employees follow.


What kinds of ethical values are seen in the movie gandhi?

relevant


How people acquires moral and ethical values?

I nt now


What is holy values?

holy values-peak of human existence..


Can taste mean values?

Values are ethical or moral standards , usually. Taste is personal choices or preferences.


What values should be taken into consideration when developing codes of ethics?

Identify prevailing social values before addressing current issues in the school or workplace. Examples of ethical values important to society might include trustworthiness, responsibility, respect, empathy, fairness, and citizenship.


What is ethical?

ethical: right and wrong; having to do with morals, values, and requiring a prescription for purchase. sentence: new developments in medicine often lead to discussions of important ethical questions.