2005. "By Words and Deeds: Racial Steering by Real Estate Agents in the U.S. in 2000." Journal of the American Planning Association 71: 251-268.Galster, George, and Erin Godfrey. 2005. By words and deeds: Racial steering by real estate agents in the U.S. in 2000. Journal of the...
Consistent with real estate agents steering buyers to properties with high commissions, we find that if a property has a buying commission rate less than 2.5%, it is 5% less likely to be sold and takes 12% longer to sell. This isn’t the first time economists (or regulators) have scrutin...
Weiterlesen » Kliniken Valens Die Klinikgruppe Valens ist der grösste Reha-Anbieter der Schweiz. Am Hauptstandort in Valens haben sie voll auf die Lösungen von Avelon gesetzt. Weiterlesen » SBB Wir durften die SBB, eine der wichtigsten Infrastrukturbetreiberinnen und grössten Im...
data to determine the creditworthiness of a borrower, which can lead to discrimination based on race and ethnicity,” says Silver. “Also, some real estate agents maysteer clients away from certain neighborhoodsbased on their racial makeup.” This practice, known as steering, is also now ...
One instance of this procedure led to a discrimination suit against a real estate firm. The plaintiffs lost the case because the statute of limitations had run out relating to the specific incident. The appeals court then reversed the decision, noting that the realtors' practice was a ...
Hamilton has been under the microscope for overruling an internal bidding process and steering a multimillion contract to a prominent mayoral donor —a move first reportedby POLITICO. His phone, along with that of a private real estate broker who works on city lease deals with Hamilton, was seiz...
Panic Peddling Use in Real Estate Panic peddling is defined as encouraging property owners to sell their property due to the moving in of a particular ethnic group that will cause the property value to drop. This created panic and tension within the neighborhood; hence agents would take ...
Why You Need a Real Estate Lawyer The process of buying or selling a home involves legal contracts, significant financial investments, and compliance with local and provincial regulations. While real estate agents handle much of the practical work, it’s the real estate lawyer who ensures that ev...
If you consider the roots of brokerage in residential real estate, you can imagine how much the business of selling homes has changed. Unlike today, the first real estate brokers were independent. Their “listings” were exclusive and proprietary. Buyer agents didn’t exist until well over one...
Both blatant and widely accepted before the civil rights revolution, racial steering by real estate agents has receded largely from view. Where agents once openly shut black buyers out of white communities, some now apply courteous professionalism while sorting buyers based on race or ethnicity. ...