History

• The first code of ethics was introduced in 1913 at the National Association of Real Estate Boards held in Winnipeg. A code of ethics specifically designed for CREA was introduced in 1959 and has been updated since then at various times to reflect changes in business practices and society.
  
  

Requirements

• The CREA code of ethics ensures real estate consumers receive professional service with honesty and integrity. The CREA code of ethics requires that all financial dealings between a real estate agent and others must be disclosed to the client.
  
  

Ethics

• The CREA website reports that the code of ethics must be adhered to by all members of the association. The code states that real estate agents must disclose in writing whom they are representing in a business deal and that agents cannot purchase property or a share in a property without declaring their profession.