Fair Housing
A real estate agent who tells prospective buyers that a neighborhood is 'changing' and they should 'buy now before values drop' is most likely engaged in:
ASteering
BBlockbusting
CRedlining
DPanic peddling✓ Correct
Explanation
Panic peddling (also called blockbusting) occurs when an agent encourages property owners to sell by exploiting fears about changes in neighborhood demographics. The terms 'blockbusting' and 'panic peddling' are often used interchangeably; both are illegal under the Fair Housing Act.
Related Illinois Fair Housing Questions
- Blockbusting (also called panic selling) is the illegal practice of:
- Which of the following statements about the Illinois Human Rights Act is correct?
- A real estate broker who advertises 'walking distance to St. Patrick's Church' in a property listing is:
- A landlord tells a prospective tenant 'we don't have any vacancies' when in fact units are available, because the landlord does not want to rent to someone of a particular national origin. This is an example of:
- In Illinois, a real estate brokerage that refuses to cooperate with or show properties to buyers who are represented by a broker of a certain ethnicity is engaged in:
- The Illinois Human Rights Act prohibits discrimination in real estate based on 'military status,' which covers:
- A landlord asks a rental applicant whether they have any disabilities. Under the Fair Housing Act, this is:
- The Illinois Human Rights Act prohibits discrimination in real estate transactions based on which protected class NOT covered by the federal Fair Housing Act?
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