Blanco County News
Weather Partly Cloudy 84.0°F (41%)
Play Fair when Selling your Home
By Texas Assoc. of Realtors
Wednesday, November 20, 2013 • Posted November 22, 2013 9:53 AM

When you’re planning to sell your home, you most likely want it sold at the best price and as quickly as possible. But if you inadvertently discriminate against potential buyers, not only do you run the potential risk of missing out on a great offer, you may risk violating the law.

Protected classes

The Fair Housing Act prohibits discrimination in the sale, rental or financing of a property based on race, color, religion, sex, handicap, familial status or national origin. Be sure to also check local ordinances that may cover additional protected classes.

These laws were put in place to ensure equal housing opportunities for all Americans. But many people don’t understand exactly what "fair housing" means. And that’s not surprising. Although the concept seems simple, there are situations where it gets a little complicated and harder to discern. Here are a few examples of potential violations:

Refusing to sell your home to a single woman with several children.

Advertising that you’d prefer to sell your home to a Christian family.

Falsely denying that your property is for sale because the person who’s asking doesn’t share the same ethnic background as your neighbors.

Is that ad a good idea?

You may think targeted marketing is a good way to promote your home, but be careful. Advertising your home only in a geographic area populated by a certain ethnic group or promoting your listing in media that only serve a particular religious audience can violate fair-housing laws. Go ahead and advertise your home in your church’s newsletter – just make sure that’s not the only place you advertise it. Your Texas REALTOR® can help ensure you comply with these rules.

Let someone else be helpful

While buyers are looking, they may have questions about the neighborhood, such as the nearest grocery store or traffic concerns. But be careful how you respond if a buyer asks about things like the neighborhood’s racial, ethnic or religious demographics. It’s best to direct buyers to sources of that information – the Census Bureau or local school district – rather than answer yourself. Better yet, refer these questions to your Texas REALTOR®.

Also, if you ask your REALTOR® to eliminate or include certain buyers based on any of the protected classes, she legally cannot follow your instructions. Don’t be offended or angry. No matter how benign the request may seem, it would be a violation of fair housing laws and she would be risking a hefty fine, her reputation and her career.

Work with a professional

Texas REALTORS® adhere to a strict Code of Ethics that holds them to an even higher professional standard than what state and federal laws require. Texas REALTORS® also participate in education and outreach programs to promote fair housing to the public.

The home you live in plays such an important part in your life. When buying or renting a home, everyone – no matter their race, color, religion, sex, handicap, familial status, or national origin – deserves the right to be treated fairly.

For more consumer-oriented tips about buying, selling or leasing real estate visitTexasRealEstate.com

For more information on buying or selling property in Texas, please call Waymond Lightfoot at (210) 386-5201.

This article has been read 41 times.
Comments
Readers are solely responsible for the content of the comments they post here. Comments do not necessarily reflect the opinion or approval of Blanco County News. Comments are moderated and will not appear immediately.
Comments powered by Disqus