March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
30
31
News Every Day |

Suit accuses Redfin of systematic racial discrimination in Chicago, elsewhere

A Redfin “for sale” sign stands in front of a house Seattle, where a newly filed federal lawsuit by l fair housing organizations accuses Redfin of systematic racial discrimination. A Redfin “for sale” sign stands in front of a house Seattle, where a newly filed federal lawsuit by l fair housing organizations accuses Redfin of systematic racial discrimination. | Elaine Thompson / AP

Fair housing groups say the online real estate broker offers fewer services to homebuyers and sellers in minority communities through its minimum-pricing policies.

Fair housing organizations have accused Redfin of systematic racial discrimination in Chicago and other cities, saying the online real estate broker offers fewer services to homebuyers and sellers in minority communities.

They say in a federal lawsuit filed in Seattle that that’s a type of digital redlining that has depressed home values and worsened the historic injustice in the housing market.

The organizations said in the lawsuit that, during a two-year investigation, they documented the effect of Redfin’s “minimum price policy,” which requires homes to be listed for certain prices to reap the benefits of Redfin’s services. The company was vastly less likely to offer realtor services, professional photos, virtual tours, online promotion or commission rebates for homes listed in overwhelmingly minority neighborhoods than it was in overwhelmingly white ones, they said their investigation found.

That meant homes in minority neighborhoods were likely to stay on the market longer and sell for lower prices than they otherwise might have, the lawsuit said.

“Redfin’s policies and practices operate as a discriminatory stranglehold on communities of color, often the very communities that have been battered by a century of residential segregation, systemic racism, and disinvestment,” the lawsuit said.

Mortgage lenders and brokers long discriminated by drawing lines on maps — known as redlining — and refusing to provide services for homes outside of white areas. Though outlawed decades ago, the practice has had lasting consequences, perpetuating poverty and restricting access to good schools, health care and other amenities.

Redfin, based in Seattle, was launched in 2006 and has grown to offer residential real estate brokering, mortgage, title and other services in more than 90 markets in the United States and Canada.

Glenn Kelman, the company’s chief executive officer, responded to the suit by saying the company has not violated the federal Fair Housing Act, “which clearly supports a business’s decisions to set the customers and areas it serves based on legitimate business reasons such as price.”

He also said: “Our long-term commitment is to serve every person seeking a home, in every community, profitably. The challenge is that we don’t know how to sell the lowest-priced homes while paying our agents and other staff a living wage, with health insurance and other benefits. This is why Redfin agents aren’t always in low-priced neighborhoods.”

Redfin previously has said it is devoted to eradicating systematic discrimination in the industry and that enabling people of color to find listings online — rather than relying on an agent to show them what homes are available — could help end segregation. Two years ago, Kelman hosted a symposium on racial prejudice in real estate.

The company once experimented with awarding realtors’ commissions based on customer satisfaction, rather than sale price, to promote the sale of less expensive homes but said it found it difficult to recruit agents.

But Redfin’s minimum-price and other policies have had the opposite effect, according to the National Fair Housing Alliance, a Washington, D.C.-based not-for-profit dedicated to eliminating housing discrimination, and nine of its member organizations. With financial support from U.S. Housing and Urban Development, they studied the policy’s effect in Chicago, Milwaukee, Detroit, Kansas City, Memphis, Baltimore, Philadelphia, Long Island, New York, Louisville, Kentucky and Newark, New Jersey.

Under the minimum-price policy, Redfin doesn’t offer its full services unless homes are listed for certain prices, which vary by market. When potential buyers click on homes that fall below those minimums, they receive a message saying, “Redfin is currently unable to show this property.”

For instance, in Chicago last June, the company didn’t offer services unless homes were listed for at least $400,000, the lawsuit said. In adjacent, predominantly white DuPage County, though, the minimum price was $275,000.

Because Redfin charges a minimum commission regardless of sale price, the practice can’t be justified by business motives, the lawsuit said.

It also said Redfin sometimes failed to provide services even when a home’s price topped the minimum. That was much more common in predominantly minority neighborhoods, including Chicago’s South Side, the organizations said.

Lisa Rice, president and CEO of the National Fair Housing Alliance, which studied Redfin and is suing the company. Patrick Semansky / AP
Lisa Rice, president and CEO of the National Fair Housing Alliance, which studied Redfin and is suing the company: “We have had decades and decades and decades of discriminatory practices in the real estate field.”

Using Census Bureau data to compare ZIP codes that are at least 70% white with those that are at least 70% minority, the organizations compared listings for which Redfin offered its “best available service” with those for which it offered no service on multiple dates over two years.

On June 12, 218 homes were posted on Redfin in non-white neighborhoods in the Kansas City area. Sixteen had Redfin’s best service, and 127 were offered no service.

There were 4,550 homes in predominantly white Kansas City neighborhoods. More than half received the best available service, and only 14% had no service, the lawsuit said.

Similar disparities were found in other cities, it said.

Game News

Teeny Tiny Trains — новая мобильная игра по типу Railbound

I was diagnosed with cancer aged 39… you are never too rich, too famous or too young, says Dr Philippa Kaye

Top 5 Websites to Watch FREE Movies - TV Shows (No Sign up!)

Top 10 Emmanuelle Seigner Movies

The 10 Intense New Action Movies on Netflix That Left Me on the Edge of My Seat!

Ria.city






Read also

Savvy mums are bagging free breakfasts at Morrisons this Easter – here’s the phrase you need to bag yours

Antipolo’s Mystical Cave, where you can find faith in stalagmites

Carbon Capture, too Little too Late?

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Top 10 Emmanuelle Seigner Movies

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

The 10 Intense New Action Movies on Netflix That Left Me on the Edge of My Seat!



Sports today


Новости тенниса
WTA

Теннисистка Александрова оказалась сильнее полячки Швентек на турнире WTA в США



Спорт в России и мире
Москва

Мечевой бой состоялся в павильоне «Спорт для каждого»



All sports news today





Sports in Russia today

Москва

«Радио Зенит» – информационный партнер форума «Мы вместе. Спорт»


Новости России

Game News

Для Wuthering Waves проходит предрегистрация в App Store и Google Play


Russian.city



Губернаторы России
#123ru.net

Архитектурные доминанты округов Москвы


Європі потрібно звикнути жити з думкою про війну, що насувається, — Туск

Суд закрыл процесс по аресту девятого фигуранта дела о теракте в «Крокусе»

Заказать недорогой ремонт шкафов купе в Москве и Московской области

МИД: РФ и Египет заявили о важности прекращения боевых действий в Газе в Рамадан


Музыкант Устьянцев: Сергей Шнуров — профессионал, а Жуков — «балалаечка»

Джиган откровенно рассказал, почему начал худеть, и раскрыл свой максимальный вес

Тариф – Большой Концертный Тур. Организация серии больших концертов.

Атомная взятка потребовала ареста // Топ-менеджер «Росатома» Геннадий Сахаров отправлен в СИЗО на два месяца


Российская теннисистка Калинская покинула WTA-1000 из-за проблем со здоровьем

Теннис, Саудовская Аравия, премиальный Супертур: проведение тендера, Большой шлем, Мастерсы, глава ATP Андреа Гауденци

Александрова обыграла первую ракетку мира на турнире WTA

Битые корты: Медведев и Александрова вышли в четвертьфинал Miami Open



Перенос дат II этапа культурного проекта «Классика: история и современность» в Дмитрове

Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

Архитектурные доминанты округов Москвы

Пассажир рейса Москва — Пермь попал в реанимацию


Тариф – Большой Концертный Тур. Организация серии больших концертов.

Раньше срока. Собянин: новая развязка улучшит движение для 600 тыс. человек

Путин отчитал Беглова за место Петербурга в туристическом рейтинге

Лавров заявил, что сфер сотрудничества России и Запада практически не осталось


В 56 регионах России внедрят интеллектуальные транспортные системы

Websoft объявила «Партнеров года» на конференции Websoft.Практика 2024

Москва возглавила 33 рейтинга городов и регионов России

Началось IV Всероссийское голосование граждан РФ по благоустройству территорий



Путин в России и мире






Персональные новости Russian.city
Сергей Рахманинов

Скульптура Сергея Рахманинова украсит музыкальную школу в Кисловодске



News Every Day

I was diagnosed with cancer aged 39… you are never too rich, too famous or too young, says Dr Philippa Kaye




Friends of Today24

Музыкальные новости

Персональные новости