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Uniform Standards of Professional Appraisal Practice ( USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The created standards and guidelines have been recognized and accepted throughout the real estate industry. Ethics. The standards include what real estate agents and brokers must adhere to, such as ethics, conduct, and disclosures, as well as the proper application of techniques. The guidelines are more flexible in order to meet the diversity ...
Much of that is by design, reinforced by the National Association of Realtors, a mega trade group with monopoly-like control over US real estate. There’s good news and bad news on the horizon ...
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
Journalistic ethics and standards comprise principles of ethics and good practice applicable to journalists. This subset of media ethics is known as journalism's professional " code of ethics" and the "canons of journalism". [ 1] The basic codes and canons commonly appear in statements by professional journalism associations and individual ...
The Society of Professional Journalists first created its own code of ethics in 1973, which has been revised four times, most recently in 2014. [ 3] The SPJ code features four principles of ethical journalism: Seek Truth and Report It "Journalists should be honest, fair, and courageous in gathering, reporting, and interpreting information.