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Practice Of Real EstateFair HousingMEDIUM

A real estate agent who directs buyers toward or away from certain neighborhoods based on the racial or ethnic composition of those neighborhoods is engaging in:

Correct Answer

B) Steering

Steering is the illegal practice of directing buyers or renters toward or away from specific neighborhoods based on protected characteristics such as race, color, national origin, religion, sex, familial status, or disability. Steering violates the federal Fair Housing Act and Nebraska fair housing laws, and can result in serious civil and professional penalties.

Answer Options
A
Blockbusting
B
Steering
C
Redlining
D
Panic selling

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Related Topics & Key Terms

Related Topics:

blockbusting

Key Terms:

steering

Related Concepts

License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

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