{"id":21786,"date":"2021-02-09T06:00:40","date_gmt":"2021-02-09T14:00:40","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=21786"},"modified":"2025-09-19T07:53:22","modified_gmt":"2025-09-19T14:53:22","slug":"homelight-and-nareb-launch-the-black-real-estate-agent-program-to-support-aspiring-black-agents","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/homelight-and-nareb-launch-the-black-real-estate-agent-program-to-support-aspiring-black-agents\/","title":{"rendered":"HomeLight and NAREB Launch the Black Real Estate Agent Program\u2122 to Support Aspiring Black Agents"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In July 2019, Black American homeownership rates hit a historic low in the United States, impacting neighborhoods and families, school quality, and generational wealth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Systemic racism has oppressed Black Americans for decades. We\u2019ve seen the direct effects of <\/span><a href=\"https:\/\/www.homelight.com\/blog\/buyer-housing-discrimination\/\"><span style=\"font-weight: 400;\">racist laws and lending policies in real estate<\/span><\/a><span style=\"font-weight: 400;\">. By <\/span><a href=\"https:\/\/www.homelight.com\/blog\/buyer-racial-restrictive-covenants\/\"><span style=\"font-weight: 400;\">blocking Black Americans from buying homes anywhere they wanted to live<\/span><\/a><span style=\"font-weight: 400;\">, the government and the real estate industry have both contributed to the social justice issues permeating our country today.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">HomeLight believes that every American deserves to own a home. We also believe it is our responsibility to support solutions to end systemic racism in our industry and beyond.\u00a0<\/span><\/p>\n<p><strong>Today, we\u2019re excited to announce we\u2019ve partnered with the <a href=\"https:\/\/www.nareb.com\">National Association of Real Estate Brokers<\/a> (NAREB) to create the <a href=\"https:\/\/www.homelight.com\/black-agent-program\">Black Real Estate Agent Program<span style=\"font-weight: 400;\">\u2122<\/span><\/a>.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re honored to partner with NAREB, the largest and oldest minority professional real estate trade association in the United States, on this program \u2014 the first of its kind in the United States.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We created the Black Real Estate Agent Program\u2122 in response to the 2020 social justice movement. According to the latest data from the <\/span><a href=\"https:\/\/datausa.io\/profile\/soc\/real-estate-brokers-sales-agents#ethnicity\"><span style=\"font-weight: 400;\">U.S. Census Bureau<\/span><\/a><span style=\"font-weight: 400;\">, fewer than 6% of all real estate professionals are Black. With this program, our mission is to increase the number of top-producing Black agents in real estate, which we believe will also ultimately help improve the rate of homeownership for Black Americans.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The program provides financial and business support for brand-new Black real estate agents. HomeLight and NAREB will help cover many of the onboarding costs for new agents, including pre-licensing classes, agent exams, and some technology and marketing needs. We\u2019ll pair program participants with an established real estate agent who can serve as a mentor and advisor. In addition, we\u2019ll provide ongoing training and education for new agents above and beyond what they can expect from their brokers.<\/span><\/p>\n<h4 style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.homelight.com\/black-agent-program\"><span style=\"font-weight: 400;\">Apply to the Black Real Estate Agent Program\u2122 now<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/h4>\n<hr \/>\n<h2><\/h2>\n<h2><span style=\"font-weight: 400;\">Who is qualified to apply for the program?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Applications are open immediately. <\/span><b>The deadline to <\/b><b>complete and submit the full application is Friday, February 26, 2021.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re seeking aspiring Black real estate professionals who are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Between the ages of 18 and 35<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Interested in a career in real estate, but not currently established as an agent<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Willing to work with a NAREB broker during at least their first year in real estate<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Committed to spending five to ten hours per week working with mentors or on continuing education<\/span><\/li>\n<li>Applicants can be located in <a class=\"countries-anchor\">any one of the 29 major markets<\/a>\u00a0with NAREB Realtist presence<\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What will the program provide?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Selected applicants will receive up to $5,000 in benefits, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fees for pre-licensing classes and the licensing exam<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Up to $500 to spend on marketing<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One year subscription to CRM software<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One year of brokerage fees, MLS fees, Association fees, and NAREB dues<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One year of attendance to NAREB conferences\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Continuing education from experts on everything from negotiating contracts to building ads on social media<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A mentor who is well-established in real estate and who can offer support and advice<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">By sponsoring Black real estate agents and providing them with tools to achieve high-production success, we hope to make a difference in both our industry and diversity in homeownership across the United States. We hope you\u2019ll <a href=\"https:\/\/www.homelight.com\/blackrealestateagentprogram\">join us<\/a>.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July 2019, Black American homeownership rates hit a historic low in the United States, impacting neighborhoods and families, school quality, and generational wealth.\u00a0 Systemic racism has oppressed Black Americans for decades. We\u2019ve seen the direct effects of racist laws and lending policies in real estate. By blocking Black Americans from buying homes anywhere they [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":21789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[673,697],"tags":[],"class_list":["post-21786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-products","category-market-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HomeLight and NAREB Launch Black Real Estate Agent Program<\/title>\n<meta name=\"description\" content=\"The program provides financial and business support for brand-new Black real estate agents, including mentorship, pre-licensing classes, and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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