The Internet Commerce Association (ICA) recently developed and announced a Voluntary ICA Broker Code of Conduct. The Code of Conduct is a voluntary set of guidelines created with the input of ICA members to help establish best practices for professional conduct expected from domain brokers.
Yesterday afternoon, the ICA invited domain name brokers, who are Bronze-level members or higher, to commit to abide by the Voluntary Broker Code of Conduct. The Code of Conduct covers topics like working with a client’s best interests in mind, using a brokerage agreement that lists all terms and fees, disclosing any conflicts of interests, and quite a few other expectations and best practices that professional domain brokers should maintain.