Episode 52: Listen Up Home buyers – Fair Housing & Pocket Listings

Episode Summary

Episode Notes

In this episode of Listen Up Homebuyers, host Victoria Ray Henderson speaks with Rich Rosa, co-founder of Buyers Brokers Only, about the significance of Fair Housing Month and the implications of the Fair Housing Act. They discuss the challenges posed by pocket listings and dual agency in real estate, emphasizing the need for transparency and ethical practices. The conversation highlights the role of state legislatures in ensuring fair housing protections and the ethical dilemmas that can arise in real estate transactions.

Takeaways

April is Fair Housing Month, celebrating the Fair Housing Act.
The Fair Housing Act prohibits discrimination in housing.
Massachusetts has additional protected classes beyond federal law.
Pocket listings can limit consumer access to housing.
Dual agency creates conflicts of interest for buyers and sellers.
Transparency in real estate is crucial for fair housing.
State legislatures need to take action on fair housing issues.
Ethical practices in real estate benefit both buyers and sellers.
Pressure tactics by agents can harm buyer interests.
Awareness of fair housing rights is essential for consumers.

Chapters

00:00 Introduction to Fair Housing Month
02:36 Understanding Fair Housing Act and Its Importance
05:09 The Impact of Pocket Listings on Fair Housing
07:44 Ethics in Real Estate Practices
09:24 YOUTUBE intro outro

Episode Keywords