Matt Difanis says he was disgusted to learn that “the people who sat where I sat were responsible for creating a mandate for housing discrimination and economic destruction inflicted on the Black community.” Until 1974, the Realtors condoned and encouraged segregation through a clause in its code of ethics that barred agents from introducing “detrimental” influences into any neighborhood.

In other words, professional ethics a generation ago—when the parents of today’s Black homebuyers might have been acquiring homes and wealth to pass on to their children—dictated that Realtors not show them homes in what all agreed were “the better areas.

From Bloomberg Businessweek + Equality

Please see the whole article at: https://www.bloomberg.com/news/features/2021-12-21/real-estate-agents-want-to-fix-housing-discrimination-but-keep-their-commission