The Washington Realtors Association and NW Multiple Listing Service (NWMLS) do an excellent job of providing education to it’s members to follow our Codes of Conduct and Rules and Regulations. There are numerous live on-line classes, video classes, and in-person classes to make sure everyone is acting in a professional manner. That being said, every month the NWMLS Disciplinary Committee issues monetary fines to members who don’t abide by the Rules or are conducting themselves in an unprofessional manner and/or required additional education. Last month one realtor received a $10,000 fine and required to take additional classes. The State of Washington can also impose sanction against realtors for breaking the Revised Codes in Washington which allows individuals to be licensed. There was an incident several years ago where one realtor was stripped of her license forever in Washington State for an egregious act. I know of another realtor who had been in the business for many years and was stripped of his license by the State for 12 months.
OurSeattleHome Blog 