The Fort Collins Board of REALTORS® is responsible for enforcing the REALTORS® Code of Ethics. The Code of Ethics imposes duties above and in addition to, those imposed by law or regulation which apply only to real estate professionals who choose to become REALTORS®.
Many ethics complaints result from misunderstanding or a failure in communication. Before filing an ethics complaint, make reasonable efforts to communicate with your real estate professional or a principal broker in the firm. If these efforts are not fruitful, the Fort Collins Board of REALTORS® can give you the procedures and forms necessary to file an ethics complaint.
The REALTOR® Code of Ethics consists of seventeen (17) Articles. The duties imposed by many of the Articles are explained and illustrated through accompanying Standards of Practice or case interpretations.
Only REALTORS® and REALTOR-ASSOCIATES® are subject to the Code of Ethics of the National Association of REALTORS®. Boards and associations of REALTORS® determine whether the Code of Ethics has been violated, not whether the law or real estate regulations have been broken. The licensing authorities or the courts can only make those decisions. To file a complaint with the State Licensing Authority, DORA, click here.
Boards of REALTORS® can only discipline REALTORS® for violating the Code of Ethics.
- Typical forms of discipline include attendance at courses and seminars designed to increase REALTORS® understanding of the ethics duties or other responsibilities of real estate professionals.
- REALTORS® may also be reprimanded, fined, or their membership suspended or terminated for serious or repeated violations.
- Boards and associations of REALTORS® cannot require REALTORS® to pay money to parties filing ethics complaints; cannot award “punitive damages” for violations of the Code of Ethics; and cannot suspend or revoke a real estate professional’s license.
WHAT IS REQUIRED TO FILE AN ETHICS COMPLAINT
- Ethics complaints must be filed with the Fort Collins Board of REALTORS® within one hundred eighty (180) days from the time a complainant knew (or reasonably should have known) that potentially unethical conduct took place, or within one hundred eighty (180) days after the conclusion of the transaction or event.
- Make certain to include the date when the alleged violation took place so that Grievance can determine if the request is filed on time.
- Make certain to state clearly your involvement or connection to the complaint. All appropriate parties should be named.
- Your complaint should include a narrative timeline of the circumstances that lead you to believe the Code of Ethics may have been violated.
- Your complaint must cite one or more of the Articles of the Code of Ethics, which you allege have been violated.
AFTER YOU HAVE FILED
The Colorado Association of REALTORS® Grievance Committee will review your complaint. Their job is to review complaints to determine if the allegations made, if taken as true, might support a violation of the Article(s) cited in the complaint.
If the Grievance Committee dismisses your complaint, it does not mean they don’t believe you. Rather, it means that they do not feel that your allegations would support a hearing panel’s conclusion that the Article(s) cited in your complaint had been violated
If the Grievance Committee forwards your complaint for hearing, that does not mean they have decided the Code of Ethics has been violated. Rather, it means they feel that if what you allege in your complaint is found to have occurred by the hearing panel, that panel may have reason to find that a violation of the Code of Ethics occurred.
If your complaint is dismissed you will be given the opportunity to appeal the dismissal.