A REECE AND NICHOLS REALTOR is a member of the NATIONAL ASSOCIATION of REALTORS and subscribes to its strict Code of Ethics.Code of Ethics The Code establishes time-honored and baseline principles derived from the collective experiences of REALTORS since the Code of Ethics was first established in 1913. These principles may be defined as:Loyalty to clients;Fiduciary (legal) duty to clients;Cooperation with competitors;Truthfulness in statements and advertising; Non-interference in exclusive relationships other REALTORS have with their clients.DesignationsTo earn a designation, a REALTOR must complete coursework and demonstrate specific skills, performance and knowledge in a particular area of the real estate industry.