Industry specific ethics in general has always been a failure. Is an industry going to end a broad practice that is unethical?
I was talking to a realtor. A real time waster that would talk about anything but houses. Real sign you are talking to a scam artist who is trying to use sense of sunk cost to make you afraid to back out when they finally convey what makes a deal not make sense. But that's besides the point. In his endless ramblings he started talking to me and the girl I was with about how they have to follow strict ethics. Like when they list something they have to say that a grocery store is close instead of that it's walking distance because what if the person reading it is handicapped. So walking distance is already vague but we all have to deal with an even more vague and useless term (including handicapped people) because of language ethics. Now realtors can describe houses that are not close to x y or z as close because of the vagueness of the term close. Great industry ethics you have there.
Meanwhile they still pretend to be a licensed advisor, but try to push you into a home you can't afford so they get a bigger commission, and take advantage of people to stupid to realize that a hired expert isn't your friend.
I promise you when the 2008 subprime loan crises happened, there were loan agents and realtors telling people too stupid to manage their own finances what to do. How about addressing that within your industry ethics board, instead of making it an ethics violation that if someone says they want to live in the whitest neighborhood that you have to ignore their request. To me ethics means if someone hires you for something you have an obligation to serve their interests. Giving someone less than what they want, and throwing your customer under the bus but still taking his money, because an ethics board said it was unethical.. is unethical
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