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REBIC Code of Ethics

It must have a code of ethics that holds members to a high standard of business practice and fair treatment with clients and colleagues. Code of ethics is the defining standard of practices in the Pakistan Real Estate Profession and increasingly the model for new and developing real estate organizations around the world. Being a part of this club gives you extra assurance that you are dealing with professionals who abide by the same high standards of conduct.

Codes

  • 1- Obligation
    The member has an obligation to help another member whenever possible.

  • 2- Disrepute the Club
    Members shall not perform or cause to be performed any act which would reflect on or bring into disrepute the Club.

  • 3- Legal Law
    Members at all times will obey the law applicable to estate agents in Pakistan. The member will not engage in any illegal practices and always conduct themselves in a professional manner.

  • 4- Moral Law
    Members must be aware that legal does not necessarily mean ethical. Many unethical business dealings are legal. Members will use moral laws based on "doing the right thing" by all people with whom they do business and with whom they work. Members are expected to use their character and good judgement to know what is morally right.

  • 5- Client Care
    Members must, at all times, give priority to the interests and happiness of their clients. In any case where the Member is incapable of keeping a client happy, the Member must withdraw his or her services from the client.

  • 6- Confidentiality
    A Member must keep the personal information provided by a client confidential.

  • 7- Advice
    Members must take care not to give any investment or legal advice without advising the recipient to seek independent advice, preferably from a lawyer or a qualified investment adviser.

  • 8- Criticism
    Members should not remain silent or accept an unethical behaviour in the real estate industry.

  • 9- Civic Duty
    Members have a civic duty to their local area and should always be ready to help the community emergency. Members are expected to be the finest examples of a good corporate citizenship.

  • 10- Cancellation Membership
    The CEC has the right to remove the membership of any member at any time due to the failure to abide by any of the above.