Wednesday’s Buyers Tips!!

Fair Housing and Your Buyer’s Rep
The Federal Fair Housing Act, enacted in 1968, is designed to prohibit discriminatory
practices when buying and selling homes. Administered by the U.S. Department of
Housing and Urban Development (HUD), the law prohibits housing discrimination against
seven protected classes—race, color, sex, religion, national origin, familial status and/or
physical and mental handicaps.
How do Fair Housing laws affect your home search?

Many home buyers want and expect their buyer’s rep to
help them make good choices in their home purchase.
Consumers know that real estate agents are intimately
familiar with certain neighborhoods, so it’s logical that
buyers would seek out their professional advice.
However, your buyer’s rep may not be allowed to answer
all of your questions, including questions about whether
a neighborhood is safe, or the racial composition of an
area, or whether the schools are good. Instead, buyer’s
reps are instructed to direct you to helpful sources of
information so you can evaluate neighborhoods on your own.

This is because, under the Fair Housing law, it is
unlawful for an agent to engage in any conduct that
is discriminatory towards any of the seven protected
classes. Whether a neighborhood is safe, for example,
is a subjective decision. Your buyer’s rep can suggest
the best Web sites and other resources to gather related
facts. But ultimately, buyers must form their own
opinions about whether a home or a neighborhood
is desirable to them.
It’s a buyer’s choice.

A real estate professional should never steer you
toward or away from a particular neighborhood if the
homes there fit your needs and are within your range of
affordability. However, there is no law restricting buyers
from making choice-limiting decisions or ruling out
certain properties or neighborhoods based on factors
that are important to them. If you prefer a particular
neighborhood, that is your choice, and you can share
these preferences with your buyer’s rep.
Ultimately, Fair Housing is designed to help all buyers
achieve the dream of home ownership on their own
terms. By researching neighborhoods that interest
you, and giving serious consideration to your needs
and preferences, you will be able to make a smart,
informed home purchase—one you can enjoy for
many years to come.
Fair Housing marked a significant step forward in protecting civil rights for all
people. The law covers most types of housing, and includes compliance guidelines
for landlords, property managers, builders and real estate agents. The chief concern
for buyer’s reps is that they not engage in steering, the act of directing home buyers
(or tenants) to a particular area that is chosen by the agent, not the buyer.

Comments are closed.


1-352-327-2997 call or text
7 days a week!!! 9-?
Email me:

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 282 other followers

%d bloggers like this: