Just released today from Washington, DC about home owners in Chicago allegedly stated to their agent and broker that they do not want to sell their home to African Americans. By the way, the African couple offered $1.7 million and it was stated that it was the highest offer in the last two years the home was on the market. Charges have been brought against the home owners, agent and brokerage company (read the article to find out the names of the famous buyers and the brokerage company).
I know the Fair Housing Laws very well and as a real estate agent when I hear sellers discriminating I go the other way. For an agent getting involved with home owners that discriminate can ruin their careers.
But what about the buyers? Imagine trying to buy a home and the seller refuses you not because of your offer but because of your race. These home owners must be crazy to turn down a high offer like $1.7 million during a recession, I'm just saying.
Read the entire article here and find out which real estate brokerage got involved and who the famous buyers are.
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