An Oregon broker, David, is working with a buyer named Chen Wei. During a showing, the listing agent mentions, 'This is a great neighborhood — very diverse, lots of Asian families.' David believes this comment, while seemingly positive, may constitute a fair housing violation. Which prohibited practice does this comment most closely resemble?
Correct Answer
D) Steering
Steering includes making statements about the racial or ethnic composition of a neighborhood to influence a buyer's decision about where to purchase. Even a seemingly positive comment about demographic composition can constitute steering if it is made to guide a buyer toward or away from a neighborhood based on the buyer's perceived race or national origin. The listing agent's remark about 'Asian families' directed at a buyer with an Asian name is a textbook steering scenario under the Fair Housing Act.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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