November 19, 2020, Apology from National Association of Realtors

For the first time, NAR offers a full-on apology for racist practices of the past and vows to keep working to correct lasting inequities in housing. In 2018, during the commemoration of the 50th anniversary of the Fair Housing Act, the National Association of REALTORS® laid bare its painful past in perpetuating housing discrimination across America. While the leadership team acknowledged at the time that the organization had been “on the wrong side of history” and vowed to work harder to treat all home buyers and sellers equitably, the sentiments stopped short of a full-on apology.

Discriminatory practices weren’t just tolerated for many years—they were baked into the association’s guiding principles for much of the 20th century. This passage from the Code of Ethics, added in 1924, was revised over the years but not fully repealed until 1974:

REALTORS® “should never be instrumental in introducing into a neighborhood … members of any race or nationality, or any individuals whose presence will clearly be detrimental to property values in that neighborhood.”

Source: https://www.nar.realtor/magazine/real-estate-news/commentary/an-apology-from-the-national-association-of-realtors

by client May 28, 2024