Who regulates the code of ethics in real estate?

The National Association of Realtors plays a crucial role in regulating the code of ethics in real estate. This organization has established a comprehensive set of standards that its members are required to adhere to, known as the Realtor Code of Ethics. This code is designed to promote professionalism and integrity within the real estate industry, ensuring that members prioritize the interests of their clients and the public.

The National Association of Realtors also enforces compliance with these ethical standards through a process that includes investigations of alleged violations and disciplinary actions as needed. This helps maintain a level of accountability among real estate professionals, fostering trust and confidence in the industry.

The other options, while connected to the broader real estate landscape, do not specifically regulate the code of ethics. The Federal Trade Commission focuses on consumer protection and competition, the Department of Housing and Urban Development oversees federal housing policies and promotes fair housing practices, and the Real Estate Commission typically exists at the state level to regulate real estate licensing and enforce state laws rather than ethical standards per se.