Which organization enforces professional standards of conduct through its Code of Ethics?

The National Association of Realtors (NAR) is the organization that enforces professional standards of conduct through its Code of Ethics. This Code of Ethics is a set of guidelines and principles that all NAR members must adhere to, ensuring high standards of professionalism and integrity in the real estate industry. The Code emphasizes cooperation among real estate professionals and the importance of serving clients and customers with honesty and transparency.

NAR's Code of Ethics is a crucial aspect of maintaining trust within the industry and provides a framework for addressing grievances and disputes. It includes provisions related to fair housing, disclosure of information, and obligations to clients, all designed to promote ethical behavior among realtors.

While other organizations, like the Florida Association of Realtors, may adopt and promote similar ethical standards, the NAR is specifically recognized as the overarching authority with a nationally recognized Code of Ethics that applies to its members across the United States.