Unlike many real estate agents who are simply licensed by their state to do business, REALTORS® have taken additional steps to become members of the local board of REALTORS® and have agreed to act under and adhere to a strict Code of Ethics.

This membership obligates them to be fair to all parties involved in this transaction, be it buyer, seller or cooperating broker. Be sure your real estate agent is a REALTOR®.

The National Association of REALTORS® (NAR) has an excellent article that explains the purpose of REALTORS® in more detail. You can find NAR’s article here.

Real Estate Agency Disclosure

Oregon Association of REALTORS® (OAR) has produced a disclosure about AGENCY for all real estate transactions in Oregon. It is important to us REALTOR® members that you read and understand the new agency disclosure. Please review the disclosure before you start looking at homes with your REALTOR®. Please feel free to ask your REALTOR® about any questions or concerns you have regarding agency.

You can view the full disclosure here.