How are the beginning statements of the Code of Ethics typically described?

The beginning statements of the Code of Ethics are typically described as aspirational. This means they set forth ideals and principles that members are encouraged to strive for, rather than strict regulations that must be followed. This aspirational nature allows for flexibility and encourages members to adopt high ethical standards in their practice, promoting a culture of integrity and professionalism.

These statements are intended to inspire real estate professionals to achieve excellence in their conduct and decision-making, fostering trust and respect within the industry. While they may not be legally enforceable, they form the basis for ethical practices and can guide behavior in various situations. The aspirational quality serves as a motivational aspect, reminding members of the values and responsibilities that come with their professional roles.