Recent comments in /f/rva

momthom427 t1_j68h5zj wrote

I’m off to work and then no plans to speak of. So probably hanging out with my pup. Has anyone watched The White Lotus?

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SunLeFasaana t1_j68h2sv wrote

My 7 month old kept me up until 4am so I’m hoping for a nice relaxing snooze together soon, and then I plan to introduce her to The NeverEnding Story and Labyrinth while I get some laundry done.

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gowhatyourself t1_j68gx6g wrote

If anyone wants a kind of "on the ground" perspective on housing I did a pretty thorough post about it a little while ago.

https://old.reddit.com/r/rva/comments/101bxgh/rva_real_estate_outlook_2023_behold_a_pale_gray/

Something I don't usually go into because there really is no easy way to talk about it is the racial disparity issue mentioned in the OP. There are a number of reasons why this is a problem outside of my bubble in real estate, but there are also some reasons for why this is a problem within the industry. I have personally dealt with agents who expressed some pretty racist shit thinking that they were safe to talk that way since I'm a white realtor. Lots of agents saying things like "you know how THOSE people are". I've seen black clients of mine straight up ignored when we go to an open house or new home model. I've heard landlords say they don't want to rent to minorities when discussing rentals. The point is it's not some isolated occurrence. It happens way more often than people realize and even if people aren't openly saying it it's going to actively influence how they are treated throughout the process and whether or not offers are accepted or deals are struck.

This is why when a buyer "love letter" is brought up on reddit I lose my shit and tell people to stop fucking doing it because it opens the door to discrimination that is absofuckinglutely happening behind closed doors. That's the point of the letter and included photo. You are asking someone to engage in discrimination in your favor.

"Okay why does that matter?"

If you are a minority you may run into the problem of fighting an uphill battle for a few reasons. You may not have an offer accepted as easily if your name sounds a certain way. In a competitive environment that might mean you need to offer more up front in order to compensate which means the threshold for affordability might be higher than if you were white. It handicaps your purchasing power.

You may end up with an agent that took you on as a client but won't dedicate the kind of attention and time it might take for you to get what you want because that agent is just going through the motions and churning through volume. Same goes for some lenders. Maybe you get a higher rate or that lender drags their feet and won't respond as quickly as they would for another buyer. You may not be taken as seriously as a white buyer.

If you've listed your home offers might come in lower because people will assign a lower value to your home if they know you are a minority. This includes the process of getting an appraisal. This is an actual thing.

https://www.cnn.com/2021/12/09/business/black-homeowners-appraisal-discrimination-lawsuit/index.html

If your home is appraised lower or you don't get what most would consider fair market value you may not have the equity you need from the sale to get into your next home. Maybe your offers won't be as competitive.

Agents don't get a pass for this either. Minority agents earn significantly less than white agents for a lot of the same reasons. There are absolutely conversations that happen behind closed doors about certain brokerages and agents that coincidentally happen to be minority owned. Those agents are also dealing with some of the problems I mentioned. A big part of that is a perceived lack of credibility or knowledge because of what they look like, or assumptions about how they will conduct themselves in a transaction.

Like most things having to do with race there is very rarely that one thing that someone can point to and say "That's racist!". It's death by a thousand cuts. A slip of the tongue here a lack of attention there. It adds up. It's real.

I've read comments from other agents on here stating that they haven't personally seen or dealt with that kind of thing before. Maybe that's true or maybe they aren't as attuned to it as I am. My wife is a minority and our kids are mixed so maybe my radar is up more than most because of that.

I don't want this giant block of text to serve as discouragement for anyone looking at buying or selling. God knows you've probably already dealt with this kind of shit in other aspects of your life. I just want other people to be aware that this is a problem that doesn't get the attention it deserves in this industry and that some of us know it actually happens.

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OverlordSnacks t1_j68gqlr wrote

I’m trying to decide if one of those cubic mini wood burning stoves with the wall shield and a 3 inch flue pipe can work in my defunct fireplace. Anything that may help cut the cost of electricity and pay for itself in a few winters.

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GrayRVA t1_j68fxsf wrote

Trying out Stella’s today. I was told they have paninis but I’m not seeing them on the menu. Is this a trick?

Edit: Apparently there is a different menu for the non-fancy people. Yay!

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molluskich t1_j68f57i wrote

I'm going to get some reading done for my virtual college classes. Then I'll be headed out of town to hang out with my bestie and eat some mushrooms. Let's get weird, y'all.

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