REIC2600 - Ethics in Business Practice

This course is designed to help develop and refine the real estate practitioner’s decision-making skills from an ethical standpoint. Using factual and hypothetical case studies, group discussions, workshops, and videos, participants will study various real estate ethical codes to acquire the tools and strategies to maintain strict ethical standards. Credit is awarded for this three-day core course upon successful completion of an exam.

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

The Importance of Ethical Business Practice

• What is Ethics?
• The concept of moral reasoning
• Why are ethics so important?
• Business ethics
• ​Sources of ethical values
• The ethics check list

Ethical Values

• Fundamental ethical values
• Five core values based on the word "TRUST"
• REIC Code of Professional Standards
  

Developing Ethical Values

• Development of ethical values
• The ethics puzzle
• The three imperatives for human conduct
• Maslow's hierarchy of needs
• ​Intervention scenario

Ethical Decision Making

• Steps to ethical decision-making; an organized approach
• Grey areas in ethics
• Dicussion on codes
• Why do ethical problems arise?
• Ethics pyramid
  

Ethics Articles, Codes, etc.

• Review of the codes: REIC IREM, CREA, provincial regulatory codes (i.e. Real Estate Brokerage Act)
• Case studies: discussion, resolution, decision

Course Fees

*Candidate Members:

$1495 plus tax

Non-Members:

$1995 plus tax

* A Candidate Member is anyone approved and enrolled in a designation program with REIC

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