On November 14, the National Association of REALTORS Board of Directors and Delegate Body met during the association's annual meetings in Anaheim, CA. Several recommendations from the Multiple Listing Issues and Policy Committee were adopted as well as changes to the Code of Ethics allowing local boards/associations to require members to use mediation before arbitration. A new Standard of Practice to Article 1 restricts the use of listed or managed property by REALTORS for anything under than what is outlined in the terms or conditions authorized by the owner or seller. The NAR Model Bylaws were also adopted to reflect the change to the Code of Ethics. Click here to learn more.