{"id":22803,"date":"2023-10-11T14:19:33","date_gmt":"2023-10-11T14:19:33","guid":{"rendered":"https:\/\/www.anthonydidonato.net\/wordpress\/?p=22803"},"modified":"2023-10-11T14:19:34","modified_gmt":"2023-10-11T14:19:34","slug":"actions-you-can-take-to-help-close-the-racial-ownership-gap","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/","title":{"rendered":"Actions You Can Take to Help Close the Racial Ownership Gap"},"content":{"rendered":"\n<p>As a community leader, you have a critical role in keeping certain groups from being locked out of the real estate market.<\/p>\n\n\n\n<p>A long history of discriminatory real estate practices\u2014including past policies held by REALTOR\u00ae organizations\u2014has made it difficult for people of color to break into homeownership. Real estate professionals today are in a key position to help undo some of that harm and lead cultural change around housing, Julia Lashay Israel, head of inclusion and belonging at Keller Williams Realty International, told attendees at a Sunday session during <a href=\"https:\/\/narnxt.realtor\/\">NAR NXT, The REALTOR\u00ae Experience(link is external)<\/a> in Orlando, Fla.<\/p>\n\n\n\n<p>Standing as a model are the <a href=\"https:\/\/www.nar.realtor\/magazine\/real-estate-news\/minneapolis-realtors-apologize-for-past-discrimination\">Minneapolis Area Association of REALTORS\u00ae<\/a> and the <a href=\"https:\/\/www.nar.realtor\/magazine\/california-association-of-realtors-apologizes-for-past-discrimination\">California Association of REALTORS\u00ae<\/a>, both of which recently laid out plans to support housing equity in their respective states.<\/p>\n\n\n\n<p>Recent reports continue to show the racial homeownership gap in the U.S. is widening. Whites accounted for 88% of all buyers over the past year, while Hispanics accounted for 8%, and both Blacks and Asians each accounted for 2%. The share of White and Hispanic home buyers grew year over year, while the share of Black and Asian buyers decreased, according to the National Association of REALTORS\u00ae\u2019 <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\">2022 Profile of Home Buyers and Sellers<\/a>.<\/p>\n\n\n\n<p>\u201cHousing affordability and limited inventory impacted the buying power of all buyers. However, the greatest impact was felt by Black and Asian Americans,\u201d Jessica Lautz, NAR\u2019s vice president of demographics and behavioral insights, said at a separate session at NAR NXT. \u201cPopulation growth among Hispanic Americans likely drove their increase, while many White Americans are repeat buyers with housing equity that allows them to make easier trades in today\u2019s market.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Agent\u2019s Role in the Conversation<\/h2>\n\n\n\n<p>Israel shared with attendees how they can be part of changing the ownership gap, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Report violations.<\/strong> Many real estate professionals don\u2019t know how to report fair housing violations or discrimination complaints that they witness, Israel said. Don\u2019t let slide situations you know about, like a fellow agent refusing to show a house to a person of color, because \u201cthis continues to perpetuate if you don\u2019t report it,\u201d she added. Any violations can be reported to the HUD Office of Fair Housing and Equal Opportunity. Also, violations committed by real estate pros should be reported to local REALTOR\u00ae associations for accountability.<\/li>\n\n\n\n<li><strong>Build awareness.<\/strong> \u201cBe aware of the inequities and inequalities, and acknowledge that it happens so we can start doing something about it,\u201d Israel said. Embrace diversity and learn about cultural differences to build on that awareness. Further, implement consistent practices and policies for showings and listing presentations to avoid unconscious bias.<\/li>\n\n\n\n<li><strong>Refuse bad actors.<\/strong> Clients may not know that certain requests are discriminatory, even if they are well-intentioned. Israel offered an example of a seller who asked that only a Black family purchase their house to help close the homeownership gap. \u201cWe can\u2019t do that. It\u2019s discriminatory. But sometimes, the client doesn\u2019t know that,\u201d Israel said. \u201cIt\u2019s our job to have the conversation.\u201d Educate your clients upfront during buyer presentations and listing appointments to avoid facing an awkward moment during the transaction, Israel said. Many existing real estate forms include the agent\u2019s role in adhering to fair housing laws. Highlight the language and talk about what it means with clients, she suggested.<\/li>\n\n\n\n<li><strong>Get involved.<\/strong> Be part of the voice for change by getting involved in local and national associations as well as community and industry boards and committees. Join zoning and planning commissions so you\u2019re aware of policy discussions before laws are made that affect others. Consider joining multicultural trade associations, like NAHREP and NAREB, to be part of ongoing conversations and efforts. \u201cIt is our role to be involved in this industry, which sees the largest transfers of wealth in America,\u201d Israel said. \u201cIt is a big deal what we do, and we need to get involved and take an active role.\u201d<\/li>\n<\/ul>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a community leader, you have a critical role in keeping certain groups from being locked out of the real estate market. A long history of discriminatory real estate practices\u2014including past policies held by REALTOR\u00ae organizations\u2014has made it difficult for people of color to break into homeownership. Real estate professionals today are in a key &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-22803","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Actions You Can Take to Help Close the Racial Ownership Gap - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/actions-you-can-take-to-help-close-the-racial-ownership-gap\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/actions-you-can-take-to-help-close-the-racial-ownership-gap\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Actions You Can Take to Help Close the Racial Ownership Gap\",\"datePublished\":\"2023-10-11T14:19:33+00:00\",\"dateModified\":\"2023-10-11T14:19:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/actions-you-can-take-to-help-close-the-racial-ownership-gap\\\/\"},\"wordCount\":675,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/actions-you-can-take-to-help-close-the-racial-ownership-gap\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/actions-you-can-take-to-help-close-the-racial-ownership-gap\\\/\",\"name\":\"Actions You Can Take to Help Close the Racial Ownership Gap - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Actions You Can Take to Help Close the Racial Ownership Gap - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Actions You Can Take to Help Close the Racial Ownership Gap","datePublished":"2023-10-11T14:19:33+00:00","dateModified":"2023-10-11T14:19:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/"},"wordCount":675,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/","name":"Actions You Can Take to Help Close the Racial Ownership Gap - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"datePublished":"2023-10-11T14:19:33+00:00","dateModified":"2023-10-11T14:19:34+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/actions-you-can-take-to-help-close-the-racial-ownership-gap\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.anthonydidonato.net\/wordpress\/"},{"@type":"ListItem","position":2,"name":"Actions You Can Take to Help Close the Racial Ownership Gap"}]},{"@type":"WebSite","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website","url":"http:\/\/www.anthonydidonato.net\/wordpress\/","name":"Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Properties and Real Estate for Sale","publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.anthonydidonato.net\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","url":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","contentUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","caption":"admin"},"logo":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg"},"description":"For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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