– DEI efforts in real estate are often misunderstood and divisive
– Past housing restrictions continue to have lingering effects on Black homeownership
– Restrictive covenants and appraisal bias have hindered the ability of Black homeowners to build generational wealth
– Advocacy efforts have led to changes in laws to disavow discriminatory language on deeds
– Equity is a core component of DEI and efforts are ongoing to ensure fair housing laws are upheld
– Promoting diversity and inclusion in the real estate profession is important, starting as early as high school
– There is opposition to DEI programs, with some states banning them in state agencies and colleges/universities
– Myths around homeownership being unattainable for Black Americans need to be debunked
– Frustration exists, but efforts to improve the situation continue
It’s incredibly frustrating to see how misunderstood and divisive DEI efforts are, broker Janel Randall writes. Real estate professionals work every day to debunk myths around Black homeownership.
Growing up in New Orleans, I was constantly surrounded by people who looked like me and had similar life experiences as me. But when I moved to Edmond, Oklahoma, in 2005, I could hardly find Black people anywhere.
Although I could buy in my neighborhood of choice, I couldn’t fully escape the effect of past housing restrictions. Neighbors told me that we were the only Black family in the neighborhood. I would go to the neighborhood pool and use my code to get in, but people would ask, “Who are you?” and “Where do you live?”
My children would walk the neighborhood, and people would call the police. I was forced to have state IDs made for my children at eight and nine years old so that they could prove that they lived in the neighborhood.
How past restrictions on Black homeownership have lingering effects
When I started my career in real estate in 2014, I began to learn more about how past restrictions on homeownership for Blacks have affected us as a community. Dating back to the early 1900s, restrictive covenants on deeds forbade selling homes to people of color to maintain segregation. Even though Oklahoma was desegregated in 1970, the language is still part of older deeds.
Appraisal bias is another significant and challenging issue to address because of the historical nature of a title. Old redlines may have been officially abolished, but similar properties are appraised unofficially based on their address. Homes that were wrongly underpraised are affected decades down the line.
This systemic bias is difficult to remediate, but its repercussions have affected the ability of Black homeowners to build generational wealth at the same rate as white homeowners. The ripple effect is almost hard to comprehend.
That’s why I’m part of an effort advocating for changes to be made. As a member of the Oklahoma Association of Realtors and founder and past president of the United Oklahoma Association of Realtors, a chapter of the National Association of Real Estate Brokers, the oldest minority professional trade association in America focused on Black equity in homeownership, I was part of an effort to advocate for laws that enable governments and property owners to disavow discriminatory language on deeds.
Diversity, equity and inclusion in 2024
We were thrilled when the Oklahoma state legislature introduced a bill to allow property owners to renounce discriminatory language in land records, and it was signed into law in May.
Of course, there is always more work to be done regarding equity for Black homeowners. As one of the components of DEI (diversity, equity and inclusion), equity is at the core of our continued efforts to ensure fair housing laws prohibiting discrimination are upheld.
As the 2024 president of the Edmond Board of Realtors (the first ever African-American to hold this leadership position), I recently participated in an event titled “Celebrating Diversity Together.” Members from five Realtor boards and four other real estate-related groups came together to address how to effectively create a cadre of real estate professionals who represent and reflect the communities we serve.
To that end, we need to promote the profession to underrepresented demographics, and this starts as early as high school. We’re working with school boards to make that happen and to educate the next generation of working adults that real estate is a viable profession, not a part-time job, as well as an inclusive industry.
Unfortunately, advocating for change is often a “two steps forward, one step back” endeavor. In December of 2023, the governor of Oklahoma signed an executive order banning all DEI programs in state agencies, including colleges and universities.
It’s a growing trend. The Chronicle of Higher Education reports that at least 40 anti-DEI bills have been introduced in 22 states and at least seven have passed. Last year, Texas Gov. Greg Abbott banned DEI offices at public colleges and universities, while Florida Gov. Ron DeSantis defunded such programs.
It’s time to debunk the myths around DEI
It’s incredibly frustrating to see how misunderstood and divisive DEI efforts are. However, on the front lines for me and my agents here in Edmond and the Oklahoma City metro, we work every day to debunk myths that have been propagated, essentially painting a picture that homeownership is unattainable for Black Americans.
As a community that has historically and systemically been denied equal opportunity, we are quick to take the first “no” that we hear as final and absolute. We’re here to tell hopeful homeowners that just because the first bank says no doesn’t mean you can’t qualify for a mortgage. We are here to advocate for our clients and leverage our knowledge of the process for their benefit.
Imagine being told “no” all your life. It becomes a mindset that is passed from generation to generation. I make it my business to tell people yes.
As frustrated as I am, I keep going because I know it will get better. After all, I am not the only one furthering this cause.
Property Chomp's Take:
It’s incredibly frustrating to see how misunderstood and divisive DEI (Diversity, Equity, and Inclusion) efforts are, especially in the real estate industry. As a real estate professional, I work every day to debunk myths and promote Black homeownership. The lingering effects of past housing restrictions continue to impact Black communities, and it's important to address these issues.
Growing up in New Orleans, I was surrounded by people who looked like me and had similar life experiences. However, when I moved to Edmond, Oklahoma, in 2005, I felt like a minority. The lack of Black representation in the area was evident, and it affected my experience as a homeowner. Despite being able to buy a home in my neighborhood of choice, I couldn't escape the effects of past housing restrictions.
Neighborhood discrimination became apparent when neighbors would question my presence in the community. I would face scrutiny at the neighborhood pool, with people asking who I was and where I lived. Even my children faced discrimination, with people calling the police on them while they were simply walking around the neighborhood. To prove that my children lived in the area, I had to get state IDs made for them at a young age.
These experiences motivated me to learn more about the historical context of Black homeownership and how it continues to affect us today. Restrictive covenants on deeds, dating back to the early 1900s, prohibited selling homes to people of color to maintain segregation. While desegregation occurred in Oklahoma in 1970, the language from these restrictive covenants is still present in older deeds. Appraisal bias is another significant issue that stems from historical redlining practices. Homes in predominantly Black neighborhoods are often appraised at lower values, affecting the ability of Black homeowners to build generational wealth.
To address these issues, I became involved in advocacy efforts. As a member of the Oklahoma Association of Realtors and founder of the United Oklahoma Association of Realtors, a chapter of the National Association of Real Estate Brokers, I worked to advocate for laws that disavow discriminatory language on deeds. We were successful in getting a bill passed that allows property owners to renounce discriminatory language in land records.
However, the fight for equity in Black homeownership is far from over. As the 2024 president of the Edmond Board of Realtors, I'm committed to promoting diversity, equity, and inclusion within the industry. We're working with school boards to promote real estate as a viable profession to underrepresented demographics, starting as early as high school. It's crucial to educate the next generation about the opportunities available in real estate and create a cadre of professionals who reflect the communities they serve.
Unfortunately, there has been pushback against DEI efforts in many states. Anti-DEI bills have been introduced and passed in several states, banning DEI programs in state agencies and defunding related initiatives. This trend hampers progress and perpetuates misunderstanding and division.
It's frustrating to see how misunderstood DEI efforts are, but I remain hopeful and determined. As real estate professionals, we have the power to debunk myths and advocate for change. We can show hopeful homeowners that homeownership is attainable for Black Americans and help them navigate the process. By addressing the systemic barriers and working towards equity, we can create a more inclusive industry and empower Black communities to build generational wealth.
Change may be slow, but I believe that through continued advocacy and education, we can make a difference. I'm not alone in this cause, and together, we can create a more equitable future for Black homeownership.