Selling houses while Black
A history of racism in the real estate industry has shut Black people out and has discouraged them from becoming agents
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A history of racism in the real estate industry has shut Black people out and has discouraged them from becoming agents
About 6 percent of real estate agents and brokers in the United States are Black. Their white peers make almost three times as much, according to data and surveys.
Inman Connect EXp Realty was one of the companies best positioned to confront the pandemic. With a fully virtual infrastructure already in place through VirBELA, the virtual world vendor that operates eXp Realty’s virtual platform and is owned by eXp World Holdings, the company didn’t have to do anywhere near the kind of transitioning that many other real estate companies did in 2020. During the pandemic year, eXp saw its most profitable year ever, posting a net income of $31 million, proving its sticking power through tumultuous times. EXp has also been aggressively growing its agent ran...