National Association of Real Estate Brokers (NAREB)

“Democracy in Housing”

After World War II, the nation found itself facing a mood of deep seated social segregation it could no longer tolerate or afford. Yet the South confidently proclaimed itself to be the new plus ultra (uppermost limits) of Southern tolerance. Thus, was born the Civil Rights movement- a period of the most difficult but necessary struggle to topple the crumbling walls segregation had erected between Americans who had fought- and died together. The postwar years indeed gave African Americans inspiration, confidence, strength and hope for a better America.

The United Nations had been formed, and Ralph J. Bunche had become the United Nations Division Trustee. African Americans were gaining better paying jobs, and the Supreme Court had finally passed a ruling that restrictive covenants and private agreement to exclude persons of designated race from the ownership of real property were not enforceable under the law. Although the lives of African Americans were now changing for the good, and a few victories had been won, schools were still segregated under the “separate but equal” theory- and equal housing had yet to become a reality.

This is what drove the men and women who met in Tampa, Florida, on the sweltering night of July 29, 1947, to form the National Association of Real Estate Brokers- NAREB. These twelve pioneers, one woman and eleven men hailing from seven states across the country, are NAREB’S recognized founders: Nannie Black, Detroit, MI; Carleton Gains, Detroit, MI; O. B. Cobbins, Jackson, MS; George W. Powell, Jacksonville, FL; F. Henry Williams, Jacksonville, FL; J. W. Sanford, Oklahoma City, OK; Macco Crutcher, Detroit, MI; W. D. Morrison, Jr., Detroit MI; W.H. Hollins, Birmingham, AL; J. R. Taylor, Miami, FL; Horace Sudduth, Cincinnati, OH; A. Maceo Smith, Dallas, TX.

On this night, these people dedicated themselves to fair housing for all. They began by electing temporary officers as follows: W.D. Morrison, President; W. H. Hollins, Treasurer; Horace Sudduth, Vice President; F. Henry Williams, Secretary Word soon spread, and NAREB’s first convention was held at the Convention Hall in Atlantic City, NJ, on July 19-20, 1948. It was a resounding success- a moment of synergy when men and women across the country were able to come together to voice their opinions as one- and to take a stand against inequity and injustice.

More History

The National Association of Real Estate Brokers, Inc. (NAREB) was founded in Tampa, Florida, in 1947 as an equal opportunity and civil rights advocacy organization for African American real estate professionals, consumers, and communities in America. The purpose of NAREB is to enhance the economic improvement of its members, the community at large, and the minority community which it serves. To unite those engaged in the recognized branches of the real estate industry including brokerage, management, mortgage financing, appraising, land development, home building, and allied fields for the purpose of exerting influence on real estate interests.  Although composed principally of African Americans, the REALTIST© organization embraces all qualified real estate practitioners who are committed to achieving our vision, which is “Democracy in Housing”.

Local Black professional and real estate groups began forming in northern and southern communities in the 1880s. Most became members of the National Business League (NBL), founded by Booker T. Washington in the early 1900s. The NBL became the first advocacy association for Black national business trade organizations. Booker T. Washington was a noted businessman, educator, real estate investor, and advisor to several U. S. Presidents from the 1890s to the 1950s. Two local NAREB boards, founded in the 1920s in Harlem (NYC) and Dearborn (Chicago), represent the oldest, continuously active REALTIST © organizations that came out of the NBL and predate NAREB.

NAREB has played varying influential roles in the implementation of equal rights, fair housing, equal opportunity, and community development legislation at the local, state, and federal levels since its founding. Some significant policy achievements of NAREB were the first local fair housing legislation in 1962 in New York City, the first state fair housing legislation in 1963 in California, and the first national fair housing legislation in both 1947 and 1968. It was the 193 California legislation that propelled NAREB into national prominence.

Specifically, after the 1963 Byron Rumford Fair Housing Act became law when signed by then Governor Edmund Gerald “Pat” Brown, Sr., the California Association of Realtors, backed by the National Association of Realtors, launched a successful ballot initiative, calling its results discriminatory and, therefore, against the California constitution. California REALTIST © played the leading role in opposing the ballot initiative and arguing against it in the California Supreme Court. Although African Americans had been granted permission to join realtor organizations in many states, including California, the failed realtor effort exposed the discriminatory culture.

Other significant REALTIST © involved legislative achievements include the creation of HUD in 1964, the Voting Rights Act of 1965, the Community Reinvestment Act of 1977, the FIRREA in 1989, and establishing affordable housing goals for Fannie Mae and Freddie Mac in 1992, as well as the updates to each of these laws and the implementation of many associated new laws, regulations, and presidential orders to the present date. NAREB has a strong social activist history and culture of vigorously supporting equal opportunity and fair treatment in the real estate and community development marketplaces for African Americans. REALTIST © marketplaces, urban and rural, have changed from places to be avoided by non-Blacks to places of choice for most income, age, and ethnic/racial segments of American society, making them some of the most attractive real estate investments, workplaces, and cultural lifestyle areas in America.

NAREB continues to open doors that otherwise would remain closed to African American professionals and/or consumers. NAREB continuously strives to preserve and enhance its industry and community image with local and national government, business, and consumer interest organizations focusing on real estate and community development issues. We focus our professional practices on serving the needs of the undeserved.

NAREB is comprised of its affiliate organizations: The National Society of Real Estate Appraisers (1956), Real Estate Brokers Management Institute (1968), The Women’s Council of NAREB (1969), The Mortgage Bankers/Brokers Institute (1968), United Developers Council (1974), Commercial Industrial Division (1985), NAREB Investment Division (1986), Contractors Division (1987), Sales Division (1987), Housing Counselors (1994), the Young REALTIST © Division (1998),  and State of Housing in Black America (SHIBA) (2011). NAREB, through its University of Real Estate, founded in 1986, and each affiliate, provides professional training and education for REALTIST © members.

NAREB works on behalf of real estate professionals and homebuyers to :

  • Promote the highest standards of profession integrity

  • Follow a strict code of real estate industry ethics

  • Require professional certifications and accreditations

  • Advocate for public policies that protect and expand sustainable homeownership, and

  • Partner with other real estate trade groups, civil rights organizations, fair and equal housing advocates, and financial services institutions to make sustainable homeownership for African Americans and other minorities realizable.


NAREB has a special charge to make sure that predominantly African American and other minority communities are treated fairly as land use and urban planning policies are developed. More often than not, NAREB Realtists live in communities we serve. We see it as our special obligation to preserve, and now, to restore communities where African American homebuyers and homeowners count on their home being their greatest asset – now and into the future.


Realtists service the home buying needs of African Americans and others through our 90-chapter network located in 33 states. Network with the appraisers, developers, financial services professional, asset managers, housing counselors, mortgage brokers, real estate agents and brokers all working together to make homeownership affordable, sustainable and attainable for our nation’s homebuyers.


The National Association of Real-Estate Brokers (NAREB) Two Million New Black Homeowner Program (2MN5) is one of NAREB’s solutions in response to its annual report the State of Housing in Black America (SHIBA) ®, with a short and long-term core objectives to eliminate the racial gap and disparities in homeownership in the United States (41% Black vs. 71% White).

The Program includes the following activities that support NAREB’s motto of Democracy in Housing:

  • Advocacy for Black homeownership with public and private sector leaders at the local, state and federal levels;

  • Advertising and marketing to black consumers on the financial and other benefits of Black Homeownership;

  • Activism for access to credit and the reform and changing of regulatory policies and laws that support increased Black homeownership;

  • Action-based community outreach that raises awareness and educates communities across the country of the important role homeownership plays in closing the wealth gap in the black community;

  • Neighborhood and Community Development Projects that foster homeownership;

  • Advocacy and Leadership Development Training for NAREB local leaders and other community and neighborhood stakeholders;

  • Business development training and technical assistance for Black entrepreneurs through NAREB’s Share the Wealth Series and NAREB University;

NAREB fully understands that eliminating the 30% gap in homeownership throughout the U.S. will require organizational discipline, advocacy, focus and partnerships with the faith, business, foundation, and public sectors.  The 2MN5 Program will be implemented both locally and nationally by NAREB with its staff, consultants, members, the NAREB Affiliates, faith-based institutions, community and neighborhood organizations, and public and sector institutions.

NAREB will measure its impact through the 2MN5 Program via success and progress on victories locally and/or nationally by using criteria such as:

  • Increasing homeownership in the black communities over five years;

  • Increasing the size and scope of black business in real-estate;

  • Strengthening the foundation of black wealth through land ownership;

  • Raising the awareness of the important role homeownership plays in wealth creation in the black community;

  • Transforming targeted neighborhoods in selected cities;

  • Advocating for local, state and national legislative and regulatory reforms to promote Democracy in Housing that will help increase Black Homeownership.

Why is Black Homeownership Important?

  • Income Matters – consistent income matters to your eligibility to buy a home.

  • Credit matters – Your Credit report is a key element in the affordability of homeownership.

  • Property selection matters – understanding the community you desire to live in matters. There are specific areas that matter for 1st-time homebuyers, 2nd-time homeowners, investors and so on.

  • Your mortgage matters – having a Realtist walk you through the process matters.

  • Maintenance of your home matters – your home is an asset that will appreciate when you take care of it. Budget accordingly.

  • Protection of your home (land asset) matters – protect the wealth you are building via insurance and security.

  • Payoff matters— full ownership matters. Having a strategy for payoff is an important part of the road to wealth via homeownership. A paid off home reduces your cost of living allowing you to save and invest for other things.

  • Transfer Matters – Selling at the right time is how wealth can be created via cross-generational homeownership.

Key Elements of the 2MN5 Program

Access to Advocacy

  • Local and National Advocacy Days

  • NAREB Leadership and Advocacy Training

  • Shaping public opinion on Black Homeownership

Access to Information

  • Marketing & Advertising Campaign on 2MN5 to Black consumers

  • NAREB Share the Wealth Series

  • NAREB SHIBA Solutions Series

  • Community Wealth Building Days & Homebuyer Expos

  • Researching and tracking local homeownership and lending trends

  • State of Housing In Black America Report (SHIBA)

  • NAREB Religious Literacy Primer

Access to Markets

  • NAREB Local and (Community Wealth Building Day and Homebuyer Expo, Realtist Week, Homeownership Weekend, Homeownership for Veterans)

  • Asset Management, vendor and supplier diversity opportunities for Black business owners

  • Career and employment opportunities for Black people interested in real estate related professions 

  • Restoring dilapidated properties

  • Developing new single-family-owned homes in cities in partnership with local residents, faith-based institutions, and other organizations, including NAREB’s affiliates.

Access to Capital and Financing for Consumers and Small Business Owners

  • Funding for Neighborhood & Community Development Projects (single-family, mixed-use and multifamily)

  • NAREB Down payment and closing cost assistance grants

  • Small business lending for Black business owners

Access to Local and National Partnerships with Faith-based Institutions

Partnerships and collaborations with faith-based institutions to grow the rate of Black homeownership and to develop real estate.


The Term SHIBA, is the acronym used to represent our focus on the State of Housing in Black America (SHIBA).

The recent collapse of the housing market and subsequent recession has been particularly devastating to the Black community. Not only has our homeownership rate plummeted, but, accessing mortgage credit has become nearly impossible outside of government insured programs such as the FHA and VA. Unemployment also remains high, in the double digits for Blacks, and vacant and abandoned properties clutter our communities. The SHIBA Report is designed to shed light on many of the issues centered on foreclosure mitigation, neighborhood blight, and disaster recovery for Blacks. More importantly, NAREB has endorsed several policy initiatives in this report. They address rebuilding the mortgage finance system to make loans more available for Black families, ensuring an adequate supply of credit to finance affordable rental housing, and creating a funding vehicle—specifically a community infrastructure bank—to provide the financing to enable broad-based community revitalization and jobs for unemployed workers.

Home Ownership Programs

Fair Housing Issues

Fair Lending and Consumer Protection

Down Payment Assistance Programs


9831 Greenbelt Road

lanham, MD 20706 Call: 301-552-9340 Fax : 301-552-9216 Email:







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