Through members’ adherence to the Code of Ethics and the Universal Co-brokerage Agreement, REBNY provides fair treatment for all licensees participating in a transaction and protects the interests of buyers and sellers.
REBNY’s RLS Universal Co-Brokerage Agreement (“UCBA) outlines the rules and regulations on co-brokering in the RLS environment.
Code of Ethics
The Code of Ethics and Professional Practices ensures, that members follow the highest standards of ethical behavior.
“In order to be eligible for access to the RLS and incremental RLS features, all Residential Brokerage members are required to complete this course. Broker A’s need to complete the course prior to activating RLS access for their firm. All other Residential Brokerage members must take this course within 90 days of joining REBNY, and existing Residential Brokerage members who have not completed this requirement must complete the course as soon as possible or risk losing RLS access.
This course DOES NOT satisfy NYS continuing education (CE) requirements for Ethics; no CE hours will be provided for this as it is a contingency of REBNY membership and not associated with licensing requirements of New York State.
REBNY offers a longer, 2.5-hour course called “Rules of the Road: Ethical Business Practices and Co-Brokering in New York State.” The course awards NYS DOS-approved CE credits in Ethics and also satisfies the mandatory ethics training for participation with the RLS.”