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What is one important difference between REALTORS® and other practitioners?

User Gareth
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Final answer:

REALTORS® differ from other real estate practitioners by their commitment to a strict code of ethics. However, discrepancies exist in practice, as some REALTORS® show fewer properties to black and Asian homebuyers and display discriminatory behavior against Hispanics in renting.

Step-by-step explanation:

One important difference between REALTORS® and other real estate practitioners is the adherence to a strict code of ethics. REALTORS® are members of the National Association of REALTORS® and are committed to treating all parties fairly and equally in accordance with their code. In practice, however, there are concerning findings such as those revealed by the Housing and Urban Development (HUD) department, which show that black homebuyers are shown 18 percent fewer homes and Asians 19 percent fewer properties compared to white homebuyers. Additionally, Hispanics face more discrimination in renting. This highlights that despite ethical standards, there remains a disparity in professional behavior among some REALTORS® that needs to be addressed.

User Ony
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