Code of Conduct
Mission Statement
The West DFW REI Group's (also referred to as WDFWREIG) mission is to provide the best quality real estate investment training, education, networking opportunities, and local vendors to support our members and promote ethical business practices with the general public. We pride ourselves and our members on our positive and productive relationships with our vendors, the cities, inspectors, code compliance offices, realtors, lenders, and all the contractors we do business with.
Code of Ethics And Standards of Practice of WDFWREIG Members
The ownership and management of real estate is a highly regulated segment of the free enterprise system of the United States. As such, the members and vendors of the WDFWREIG must treat this enterprise with the utmost professionalism at all times.
The WDFWREIG membership includes each member and vendor in the organization of people who are intent on expanding their knowledge of real estate investing and management. To pursue these ends legally and ethically, all WDFWREIG members will be held to a higher standard of ethical behavior. This includes, but is not limited to, the following list of behaviors:
- WDFWREIG members will act professionally as Real Estate Investing and Housing Providers when dealing with tenants, the public, the media, government officials, and all others.
- WDFWREIG members will not intentionally misrepresent any material fact in their business dealings, including their business dealings with other members.
- WDFWREIG members will fully disclose their interest in any property and the nature of their interest when dealing with or engaging in transactions with other WDFWREIG members.
- WDFWREIG members should keep themselves informed on matters affecting housing in their community, including local, state, and federal laws. A violation of a local, state or federal law, as determined by the ethics committee, shall violate these rules.
- WDFWREIG members shall not engage in unprofessional conduct, including, but not limited to:
- A departure from or failure to conform to applicable federal, state, or local governmental rules or, if no such rule exists, to the minimally acceptable and prevailing standards in practice.
- Conduct likely to deceive, defraud, or harm others;
- Demonstrating a willful or careless disregard for the rights of others;
- Any practice that is contrary to the ethical conduct appropriate to the profession;
- Knowingly aiding, assisting, advising, or facilitating another in engaging in conduct which, if conducted by the WDFWREIG member directly, would constitute a violation of these rules.
- Engaging in false, fraudulent, deceptive or misleading communications to any person regarding the individual’s education, training, credentials, experience or qualifications, or the status of the individual’s state permit, license, or registration certificate;
- Making a false statement, knowingly providing false information to, or failing to cooperate with any investigation of, the Ethics Committee.
- WDFWREIG members will be responsible for completing their own due diligence in all business dealings.
- WDFWREIG members will not falsely malign, disparage, slander, or in any other way adversely affect the reputation of other WDFWREIG members. Nothing herein prevents the WDFWREIG member from truthfully communicating issues or pursuing disputes with other members.
- WDFWREIG members pledge to conduct his/her business in accordance with the guidelines listed above. The WDFWREIG reserves the right to review the complaint of any other member, property owner, or resident and, at its sole discretion, reserves the right to revoke the membership of any member at any time for any reason.
- WDFWREIG members and non-members alike will not be allowed to use the meetings, website, or any other means to create a non-solicited list. A non-solicited list is described as follows: passing a list around for others to enter their contact information, using a bowl, box, or other collection devise for people to drop their business cards in, collecting contact info from the website or other methods where a member or non-member might think that the list is being created or cards are being collected for the WDFWREIG.
- Members, vendors, and non-members are encouraged to network and collect contact information personally and individually. Not using some sort of mass collection method as described above.
- If such a list is being created, WDFWREIG has the right to confiscate it, and the individual(s) responsible for generating such a list will be reprimanded and possibly banned from any future meetings or events.
Last Updated: 25 Feb 2024