"NAR's current training and guidance generally align with HUD's position that agents can and should provide prospective buyers with the information they seek on neighborhood crime and school quality, provided the information comes from an accurate third-party resource and is not subjective opinion."
"The assumption behind preventing that kind of information included minority home seekers being less concerned about crime statistics than majority home seekers, which I never found to be logical."
"At the same time, he cautioned that the new guidance does not eliminate legal exposure for agents or brokerages. There's always a risk of being sued."
"I think the position will make it easier to defend the cases, if they come, and it may be a mitigating factor on potential plaintiffs for bringing the cases in the first place."
NAR supports agents providing prospective buyers with accurate information on neighborhood crime and school quality from reliable sources. This aligns with HUD's updated guidance. The association may enhance training materials to help agents comply with the law while meeting consumer needs. Attorney Robert Butters argues that previous assumptions about minority home seekers' concerns were illogical. He believes the new guidance does not eliminate legal risks but may help defend against lawsuits. The position could also deter potential plaintiffs from pursuing cases against agents or brokerages.
Read at www.housingwire.com
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