In July 2019, Black American homeownership charges hit a historic low in the USA, impacting neighborhoods and households, faculty high quality, and generational wealth.
Systemic racism has oppressed Black People for many years. We’ve seen the direct results of racist legal guidelines and lending insurance policies in actual property. By blocking Black People from shopping for properties wherever they needed to stay, the federal government and the true property business have each contributed to the social justice points permeating our nation at present.
HomeLight believes that each American deserves to personal a house. We additionally consider it’s our duty to assist options to finish systemic racism in our business and past.
In the present day, we’re excited to announce we’ve partnered with the Nationwide Affiliation of Actual Property Brokers (NAREB) to create the Black Actual Property Agent Program™.
We’re honored to companion with NAREB, the most important and oldest minority skilled actual property commerce affiliation in the USA, on this program — the primary of its sort in the USA.
We created the Black Actual Property Agent Program™ in response to the 2020 social justice motion. Based on the most recent information from the U.S. Census Bureau, fewer than 6% of all actual property professionals are Black. With this program, our mission is to extend the variety of top-producing Black brokers in actual property, which we consider can even in the end assist enhance the speed of homeownership for Black People.
This system offers monetary and enterprise assist for brand-new Black actual property brokers. HomeLight and NAREB will assist cowl most of the onboarding prices for brand new brokers, together with pre-licensing courses, agent exams, and a few know-how and advertising and marketing wants. We’ll pair program individuals with a longtime actual property agent who can function a mentor and advisor. As well as, we’ll present ongoing coaching and training for brand new brokers above and past what they will count on from their brokers.
Apply to the Black Actual Property Agent Program™ now
Who’s certified to use for this system?
Functions are open instantly. The deadline to full and submit the total software is Friday, February 26, 2021.
We’re searching for aspiring Black actual property professionals who’re:
- Between the ages of 18 and 35
- Considering a profession in actual property, however not at the moment established as an agent
- Prepared to work with a NAREB dealer throughout not less than their first 12 months in actual property
- Dedicated to spending 5 to 10 hours per week working with mentors or on persevering with training
- Candidates might be situated in any one of many 29 main markets with NAREB Realtist presence
What is going to this system present?
Chosen candidates will obtain as much as $5,000 in advantages, together with:
- Charges for pre-licensing courses and the licensing examination
- As much as $500 to spend on advertising and marketing
- One 12 months subscription to CRM software program
- One 12 months of brokerage charges, MLS charges, Affiliation charges, and NAREB dues
- One 12 months of attendance to NAREB conferences
- Persevering with training from consultants on all the things from negotiating contracts to constructing advertisements on social media
- A mentor who’s well-established in actual property and who can provide assist and recommendation
By sponsoring Black actual property brokers and offering them with instruments to realize high-production success, we hope to make a distinction in each our business and variety in homeownership throughout the USA. We hope you’ll be a part of us.