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Ethics for the Real Estate Professional

Ethics for the Real Estate Professional


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About the Book

Table of Contents:
(NOTE: Each Part begins with Objectives and Key Terms and concludes with Notes and Review Questions.) Introduction. I. UNDERSTANDING VALUES, PRINCIPLES, AND ETHICS. Why We Need to Study Ethical Decision Making. HOW WOULD YOU RESPOND?: The Question of the Child Molester. BOX: 1996 Gallup Poll, Professions Ranked Highest to Lowest in Honesty and Ethical Standards. EXERCISE: True or False? Understanding Our Personal Values.EXERCISE: Values Auction. HOW WOULD YOU RESPOND?: The Aspen Declaration. II. MODELS FOR ETHICAL DECISION MAKING. A Psychological Model. HOW WOULD YOU RESPOND?: Heinzs Dilemma. BOX: The Stages of Moral Reasoning. Business Models for Ethical Decision Making. HOW WOULD YOU RESPOND?: The Question of the Murder- Suicide. BOX: Applying the Kew Gardens Principle. HOW WOULD YOU RESPOND?: The Presence of Electromagnetic Fields. POSSIBLE RESPONSES. III. APPLIED ETHICS. Ethics and Agency Relationships. BOX: Agents Duties/Responsibilities to the Client and the Customer. CASE STUDY: Edina Realty. CASE STUDY: Culver vs. Jaoudi. HOW WOULD YOU RESPOND?: Working with Buyers and Sellers. POSSIBLE RESPONSES . Ethics and Fair Housing. BOX: What Constitutes Discrimination in the Sale or Rental of Housing? CASE STUDY: Fair Housing and the Broker. HOW WOULD YOU RESPOND?: Fair Housing Issues. POSSIBLE RESPONSES. HOW WOULD YOU RESPOND?: Ethics an d Property Defects. CASE STUDY: Lead-Based Paint. CASE STUDY: Fatal Carbon Monoxide Leak. CASE STUDY: The Haunted House. CASE STUDY: The Bridge. HOW WOULD YOU RESPOND?: Property Defects Issues. POSSIBLE RESPONSES. Ethics and Relationships with Competitors. EXERCISE: Ten Commandments for Working with Other Firms. HOW WOULD YOU RESPOND?: The Question of the Undisclosed Offer. CASE STUDY: Exclusive Buyer Brokers. HOW WOULD YOU RESPOND?: The Question of the Referral Fee. IHOW WOULD YOU RESPOND?: Submitting Offers. POSSIBLE RESPONSES. CASE STUDY: Exceptions to Continuing Education Requirements. Ethics and Relationships with Colleagues. EXERCISE: Ten Commandments for Working with Colleagues. HOW WOULD YOU RESPOND?: The Question of Mishandled Escrow Funds. HOW WOULD YOU RESPOND?: The Question of the Commission Dispute. HOW WOULD YOU RESPOND?: The Case of Seniority. HOW WOULD YOU RESPOND?: Working with Colleagues. POSSIBLE RESPONSES. Resources for Additional Information. Answer Key for Review Questions. Final Exam Questions.


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Product Details
  • ISBN-13: 9780130859532
  • Publisher: Pearson Education Limited
  • Publisher Imprint: Prentice-Hall
  • Edition: Revised edition
  • Language: English
  • Returnable: N
  • Width: 216 mm
  • ISBN-10: 0130859532
  • Publisher Date: 28 Aug 2001
  • Binding: Paperback
  • Height: 286 mm
  • No of Pages: 57
  • Weight: 172 gr


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