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The National Association of Real Estate Brokers (NAREB) was established on July 29, 1947, making it the oldest minority business association in the Americas. NAREB was created by African-American real estate professionals as an alternative space for African-Americans who were racially and specifically excluded from the National Association of Realtors.
Afro-American Realty Company. Philip A. Payton Jr., circa 1907. On June 15, 1904, with the help of other affluent Blacks, Payton chartered the Afro-American Realty Company, issuing 50,000 shares at $10 each. Payton's business partner was a mortician named James C. Thomas. Along with Thomas, Payton formed the Afro-American Real Estate Company.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
The White House and the Department of Housing and Urban Development have heard the arresting stories of Black people’s homes’ being underappraised by up to $500,000 and Black homeowners ...
A Black realtor in Wyoming, Michigan, and his client and that man’s son were detained by police Sunday on suspicion... View Article The post Black real estate agent, client and son touring ...
Blockbusting is a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods.
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