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Multicultural Advisory Group Reviews Equality Act and Other Priorities

May 14, 2019
by Tim Hur

The Multicultural Real Estate Leadership Advisory Group, which met today in Washington, D.C., offers the opportunity for our multicultural associations and organizations that partner with the National Association of REALTORS® to come together and discuss issues at hand.

The four multicultural groups recognized by NAR are (alphabetical order):

  • Asian Real Estate Association of America (AREAA)
  • National Association of Gay and Lesbian Real Estate Professionals (NAGLREP)
  • National Association of Hispanic Real Estate Professionals (NAHREP)
  • National Association of Real Estate Brokers (NAREB)

To recap the past few months from each association:

REALTORS® Legislative Meetings and Trade Expo

NAGLREP

  • An amendment to the Civil Rights and Fair Housing Act is being voted on this Friday.
  • The amendment—called the Equality Act—would prohibit discrimination on the basis of sex, gender identity, and sexual orientation.
  • NAR already includes these protections in its Code of Ethics

AREAA

  • Continued language access for everyone.
  • Pushing for alternative credit models.
  • Diversity and inclusion for women and minorities in positions of management as stipulated in Dodd Frank. (Note: Dodd Frank Act allows for investigative authority but not enforcement authority.)

NAREB

  • Down payment savings plan; help buyers save up, not just first-time homebuyers.
  • Preservation of the 30-year mortgage.
  • Pushing for removal of risk-based pricing (zip codes, classes, etc.).
  • Making sure non-banking lenders don’t discriminate and there is some sort of accountability structure.

FA_Hur_multicultural2

Tim Hur

Regarding the vote this week on the expansion of Fair Housing: No amendments will be allowed; it will be just a vote. There are 240 co-sponsors, so we expect it to pass the House. Of course, we will watch to see how many Republicans support the measure. There will not be any whipping of votes, so we hope to see high Republican support. Bill sponsors in the Senate are working hard talking to Republican senators to co-sponsors. The Human Rights Campaign estimates it may take three years to enact. However, the White House is currently not in support of the Equality Act, mainly due to the religious freedom vs. LGBTQ equality debate.

I’m excited to see JoAnn Poole, our vice chair for the Multicultural Real Estate Leadership Advisory Group who represented ALL REALTORS® during the “Review of the State of Barriers to Minority Homeownership” before the House Committee on Financial Services and Subcommittee on Housing, Community Development, and Insurance. Go, JoAnn! And thank you to everyone in this advisory group!

Tim Hur
Managing broker, Point Honors and Associates, REALTORS® - Atlanta, Ga.

Tim Hur is a national speaker who has been actively selling since graduating from Georgia Institute of Technology 14 years ago. He currently the managing broker for Point Honors and Associates, REALTORS®, a boutique real estate firm located in Metro Atlanta. Tim currently serves the real estate community in different capacities: He was the immediate past chair of the the National Association of REALTORS® Diversity Committee and served on the 2018 NAR task force to promote and commemorate the 50th Anniversary of Fair Housing in the United States. Tim was also elected the 2018 national treasurer and secretary of the Asian Real Estate Association of America (AREAA), the 2013 and 2014 president of the Atlanta Chapter of AREAA, and previously was the AREAA national policy chairman. He was also appointed by the 2013, 2014, and 2015 NAR presidents to be their liaison for South Korea. He is also a member of the Atlanta REALTORS®, Atlanta Commercial Board, and Northeast Atlanta Metro Association of REALTORS®, and has several REALTOR® designations.

Tim is on the board of the Gwinnett Place Community Improvement District, and is a charter member and a past president for the Gwinnett Mosaic Rotary Club. He also serves many other non-profit organizations within the Atlanta metro area.In 2011, Tim was named one of the Top 35 Under 35 in Gwinnett County, and was consecutively named one of the Top 25 Asian Americans in Georgia from 2011 to 2015. He was appointed as one of the trustees for the Gwinnett County Public School Foundation in 2013.

His accolades include graduating from Atlanta Regional Commissions’ Regional Leadership Institute in 2010, LEAD Atlanta (a division of Leadership Atlanta) in 2012, Leadership Gwinnett in 2013, NAR Leadership Academy in 2014, Asian Pacific American Institute for Congressional Studies’ National Leadership Academy in 2014, became a fellow of the University of Southern California’s Network of Korean-Americans (NetKAL) Program in 2015, was a finalist for the prestigious German Memorial Fellowship, and was named Regional Player of the Week by the Civic League for Regional Atlanta.

Local Association: Atlanta REALTORS®
Facebook: www.facebook.com/tim.hur.3
Twitter: @timhur7
Instagram: www.instagram.com/timhur7

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