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Why redlining and discrimination are still real estate’s problem

04/03/2017

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You would think that in 2017 that discrimination and redlining (a discriminatory practice by which banks, insurance companies and businesses limit loans, mortgages, insurance or other products with specific geographic areas, especially in inner-city neighborhoods) would be a thing of the past.Unfortunately, the battle for minority clients and their agents is as tough today as ever.For the past month, I have been interviewing a cross-section of California’s leading female broker-owners as part of the California Association of Realtor’s Women’s Initiative. One of the most fascinating parts of this experience has been hearing how different things were for the older women leaders who started their careers during the 1960s and 1970s.For example, did you know that black real estate professionals began calling themselves Realtists and founded their own trade association, the National Association of Real Estate Brokers (NAREB), in 1947? The reason — The NAR Code of Behavior …

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