What is the "Code of Ethics" in real estate?

The "Code of Ethics" in real estate serves as a framework that delineates the professional conduct and standards of practice expected of real estate professionals. This code is crucial for maintaining integrity and professionalism within the industry, ensuring that agents and brokers engage in fair dealings with clients, competitors, and the public.

This code often outlines principles such as honesty, transparency, and fairness, guiding real estate practitioners in their everyday interactions. By adhering to these ethical standards, agents not only protect their clients' interests but also enhance the reputation of the real estate profession as a whole. The focus is specifically on behavior and ethical obligations rather than regulations or marketing strategies, which distinguishes this choice from the others.

The other options address different aspects of real estate, such as legal requirements or marketing tactics, which do not specifically capture the essence of professional ethics that the Code of Ethics embodies.