The home-buying advocates from the nonprofit National Association of Exclusive Buyer Agents (NAEBA) encourage all real estate professionals to embrace the principles of the U.S. Fair Housing Act and work to promote greater equity and inclusion in the housing market.
MESA, Ariz., April 24, 2023 /PRNewswire-PRWeb/ — April is recognized as Fair Housing Month, a time to highlight the importance of fair housing practices and promote equal housing opportunities for all individuals.
The nonprofit National Association of Exclusive Buyer Agents (NAEBA) urges all real estate professionals to embrace the U.S. Fair Housing Act’s principles and promote housing equality. NAEBA suggests the following:
- Real estate professionals can educate themselves about the Fair Housing Act and its prohibitions against discrimination.
- Real estate professionals can be aware of their own biases and how they may impact client interactions.
- Real estate professionals can actively seek out clients from diverse backgrounds.
- Real estate professionals can represent clients fairly and without prejudice.
- Real estate professionals can speak out against discrimination in housing.
“It is the responsibility of real estate professionals to fight against discrimination in the housing market,” said NAEBA president Richard Rosa of Buyers Brokers Only, LLC. “By upholding the principles of the Fair Housing Act and working to promote greater equity and inclusion in our communities, we can help create a more just and equitable society for all.”
The Fair Housing Act was designed to combat discrimination by providing legal protections to individuals seeking to rent, buy, or finance a home. Under the Act, it is illegal for landlords, real estate agents, lenders, or other housing providers to discriminate against people based on their race, color, religion, sex, national origin, disability, or familial status. Some states provide additional protections.
“Fair Housing Month is a potent reminder to treat all home buyers equally without regard to any of the protected classes,” said past NAEBA president Andrew Show of Columbus, Ohio-based Buyer’s Resource Realty Services. “The only thing that should determine where a buyer chooses to buy is their financial capability – period!”
Members of the National Association of Exclusive Buyer Agents (NAEBA) believe there is a better way of working in the real estate industry. NAEBA members voluntarily dedicate their careers to exclusively representing home buyers, providing fiduciary-level duties to protect home-buying consumers. We are committed to promoting fair housing and eliminating discrimination in housing to ensure equal opportunities for all individuals. Exclusive buyer agents are 100 percent loyal to home buyers 100 percent of the time and work at real estate brokerages that do not ever represent home sellers. NAEBA members are true buyer agents.
NAEBA members do not accept listings, advertise properties for sale, or represent home sellers; therefore, its members avoid the conflicts of interest common at traditional real estate companies, which attempt to represent both buyers and sellers in the same transaction.
Consumer advocates created NAEBA in the mid-1990s to fill the void faced by homebuyers and start a professional association that would provide home buyers with a higher standard of ethics.
NAEBA also matches home-buying consumers with its members around the country for no additional cost.
ABOUT THE FAIR HOUSING ACT:
The U.S. Department of Housing and Urban Development celebrates Fair Housing in April, and 2023 marks the 55th anniversary of the passage of the Fair Housing Act. The U.S. Fair Housing Act, signed into law by President Lyndon Johnson in 1968, protects people from discrimination when renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities.
The federal Act prohibits discrimination in housing because of race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, and disability. Some states recognize additional protected classes.