Fair Housing
Steering in real estate refers to:
ADirecting buyers toward or away from neighborhoods based on protected class characteristics✓ Correct
BProviding buyers with school district information
CRecommending properties within a buyer's stated budget
DAdvising sellers to price competitively
Explanation
Steering is the illegal practice of directing buyers toward or away from specific neighborhoods based on race, religion, national origin, or other protected characteristics — even if the buyer does not request such guidance.
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- A real estate agent who only shows homes in certain neighborhoods to buyers based on their national origin is guilty of:Fair Housing
- Under the Fair Housing Act, a real estate agent who steers minority buyers away from predominantly white neighborhoods and toward minority neighborhoods is committing:Fair Housing
- A NH real estate brokerage's internal policy of designating which agents work in which neighborhoods based on the agent's or clients' race is:Fair Housing
- Redlining is the illegal practice of:Fair Housing
Key Terms to Know
Steering
An illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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