REIC2600 - Ethics in Business Practice

The REIC 2600: Ethics in Business Practice course is a foundational program designed for real estate professionals to develop a strong understanding of ethical principles and their application in professional practice. This course equips you with the knowledge and skills to navigate ethical dilemmas with confidence and integrity. 

This course is part of REIC's commitment to: 

• Enhance the ethical standards of real estate professionals across Canada. 
• Ensure real estate professionals are well-equipped to make informed and ethical decisions. 
• Foster professionalism and trust in the real estate industry. 

Meets program requirements for: FRI, CPM®, CRF, CLO, CRU, CRP, ARP, ARM®, and ACoM®

REIC offers this course virtually or check for Toronto in-person dates on the calendar.

Upcoming REIC2600 Dates

If no upcoming dates are listed, please check periodically for course additions.

Course Content

Introduction to Ethics in Business Practice

• Course Introduction 
  
• A Brief History of the Real Estate Institute of Canada 
  
• Personal Ethics Reflection 
  
• Ethical Dilemmas 

Ethics Across Times and Cultures

• Introduction to Ethics Across Times and Cultures 
  
• Have People Always Thought About Ethics? 
  
• Do People Everywhere Think About Ethics the Same Way? 
  
• How Have Experts Thought About Ethics, historically? 
  
• How Has Thinking About Ethics Evolved Over the Years? 

Real Estate and Ethics

• What Are Ethics? 
  
• Personal and Professional Ethics 
  
• Why Do We Study Ethics? 
  
• The Professional’s Commitment to Ethics 
  
• The Importance of Ethics in the Real Estate Profession 
  
• Core Values of Trust 
  
• The Two Components of Trust 

Ethical Values and Moral Reasoning

• Developing Ethical Values 
  
• Defining Virtue and Character 
  
• Moral Conflict Mini Case Studies 
  
• The Concept of Moral Reasoning 
  
• Moral Reasoning and Judgment Definitions 
  
• Ideal Moral Judgment 

Decision-Making Styles and Ethical Choices

• Ethics and Decision-Making  
• Decision-Making Styles  
• Maslow’s Hierarchy of Needs 

​Applied Ethics and Ethical Dilemmas

• Applied Ethics 
• The Eight-Step Approach to Ethical Decision-Making 
• Your Decision-Making Process 
• Ethics and the Art of Real Estate Negotiations 

REIC Code of Ethics and Professional Standards

• Professional Standards and Codes of Ethics 
• The Real Estate Institute of Canada: Ethics 
• Major Link: Ethics and Law 
• Ethics and Professionalism 
• Professional Standards Handbook 
• Fiduciary Duty and Responsibility 
• Agency and Duties to Third Parties 
• Relations with your Institute 
• Professional Courtesy 
• Avoiding Controversy and Complains 

Ethics and Law in Real Estate Practice

• Codes of Ethics and Codes of Professional Conduct and Standards 
• Code of Ethics and Professional Standards: Common Links 
• Board of Directors: Ethics, Accountability and Responsibility 

Rationalizations and Unethical Behavior

• About the Real Estate Institute of Canada 
• The Code of Professional Standards of REIC 
• Key Principles and Examples of REIC Code 

Crafting a Personal Code of Ethics 

• Pursuing Excellence 
• Personal Code of Ethics 
• Personal Ethics Reflection 
• Implementing and Maintaining Ethical Practices 

REIC2600 Course Exam

​The course includes a 90-minute assessment to evaluate your understanding of ethical principles, ability to analyze dilemmas, and participation during the course. The final exam must be completed online within seven (7) days of the course's conclusion. 

Course Fee

$1995 plus tax

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