NAREB HISTORY BRIEF
After World War II, the nation remained confronted with vestiges of deep-seated racial segregation that were becoming increasingly difficult impacted citizens to endure. During the postwar years, Black Americans’ aspirations for a better life in America were emerging. Black people were attaining gainful employment, and the Supreme Court had finally passed a ruling that restrictive covenants and private agreements to exclude specified races from the ownership and occupancy of real property in exclusively white neighborhoods were not enforceable under the law.
Like housing, schools were still segregated, a condition fallaciously justified under the “separate but equal” notion, but despite court rulings, discriminatory housing practices still prevailed as equal housing had not yet become reality. It was in this environment of abject racial discrimination that the soon to become “First Realists” met in Tampa, Florida, on the sweltering night of July 29, 1947, and founded the National Association of Real Estate Brokers® (NAREB®). On that night, the Founders committed to the fulfillment of the principle, “Equal Housing Opportunity for All.”
From the past to the present, NAREB remains an association proud of its past, dedicated to its chosen struggle, and unrelenting in its pursuit of the REALTIST®’ mission/vision embedded goal, “Democracy in Housing.”
MISSION
The purpose of the National Association of Real Estate Brokers® is to enhance the professional and business conditions of NAREB® Realtist® members by strengthening the consumer capacity of Black, minority, and emerging target market segments that Realtists® serve. And by promoting the real estate industry in general, utilizing economic, political, legal, and social leverage to remediate disparate and discriminatory housing and property ownership policies and practices prevailing in the United States.
VISION
The Realtist® Association will foster the expansion of inter-generational wealth creation by Black households through promotion and retention of elevating levels of real property ownership investments sustained by NAREB’s enduring commitment to preservation and fulfillment of the Realtist credo,” Democracy in Housing.”
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NAREB'S FIVE STRATEGIC PRIORITIES
1
FAITH-BASED & CIVIC ENGAGEMENT
Over 75% of Black Americans surveyed by Pew Research reported that they are affiliated with a religious organization in their respective community. A large percentage of professional Black Americans belong to a civic or professional organization. Therefore, NAREB’s relationship with Faith-based and civic Institutions allows the association to target Black American consumers nationwide to: (1) Educate our audience about homeownership, and (2) Inspire them to purchase real estate. NAREB’s Strategic and MOU Relationships will be nurtured under this pillar.
2
WOMEN INITIATIVES
WOMEN INVESTING IN REAL ESTATE
(W.I.R.E.)
Over 75% of Black Americans surveyed by Pew Research reported that they are affiliated with a religious organization in their respective community. A large percentage of professional Black Americans belong to a civic or professional organization. Therefore, NAREB’s relationship with Faith-based and civic Institutions allows the association to target Black American consumers nationwide to: (1) Educate our audience about homeownership, and (2) Inspire them to purchase real estate. NAREB’s Strategic and MOU Relationships will be nurtured under this pillar.
3
DIVERSITY & INCLUSION
SMALL BUSINESS
The majority of NAREB members are small businesses that qualify for most diversity and inclusion initiatives. We will focus our attention on educating and informing NAREB members about the income generation possibilities available through minority certifications and minority procurement opportunities. This initiative will also focus on strengthening leadership skills, business development, and mentorship. As important, NAREB will reach back into our communities to serve on local board and commissions to add our expertise as it relates to housing needs in our communities as well as inspire the next generation of real estate entrepreneurs through participation in career days on college and high school campuses.
4
MULTI-GENERATIONAL
WEALTH BUILDING
NAREB understands that wealth building concepts, plans, and execution should be addressed on a multi-generational basis. In that regard, NAREB has developed age and life-style specific initiatives to reach and inform audiences about wealth building and homeownership. NAREB initiatives include: (1) the NAREB Youth Leadership Academy, (2) the NAREB Millennial Movement – focused on Gen Z and Millennial consumers, and (3) Efforts to inform senior citizens on key elements to prepare for and keep legacy wealth.
5
GOVERNMENT RELATIONS
Over the course of NAREB’s rich history, barriers to homeownership have been identified, addressed, and eliminated based upon the association’s commitment to advocacy on behalf of equality and opportunity in our profession and for Black Americans seeking homeownership of their choice. NAREB will always use its powerful voice in support of support legislation or regulatory change designed to increase Black homeownership. Through our State of Housing in Black America (SHIBA) report and our monthly SHIBA Bytes, NAREB will continue to educate, inform, and share with our members, elected and appointed officials, our community and its organizations on the homeownership needs of Black Americans and its importance to build wealth as well as strengthening communities.