The National Association of Real Estate Brokers (NAREB) was formed in 1947 by nine African American Founders as a response to the denied access African American brokers were experiencing when it came to selling homes. With 75 years in existence, the association lives by five important pillars: 1) Civic and Faith-Based Engagement. 2) Women Invested In Real Estate — WIRE. 3) Diversity, Equity, Inclusion of Small Business. 4) Multigenerational Wealth. 5) Government and Policies. Our guest and President of NAREB, Lydia Pope, explains further why these five pillars have been foundational towards everlasting change in the community.   [2:45] A bit about Lydia and her background in real estate. [4:40] The history behind why the NAREB was founded. [7:10] What are the five pillars of black ownership? [9:10] Homeownership has dropped for black homeowners. Why is that? [10:15] African Americans and blacks still face loan discrimination today. [11:50] As a broker, it’s important that you be a champion for your clients in all areas of their home buying process, not just the physical house itself. [17:00] Women have been at a disadvantage when it comes to applying for loans. [20:35] NAREB has a program to educate real estate agents on all facets of the real estate industry, not just being a licensed agent. [23:15] How is NAREB thinking about multigenerational wealth? [27:30] It’s important to educate our seniors so that they have programs to fall back on as they get older. As homes have repairs, seniors might not be as aware of how to fix these damages. [32:30] Lydia shares ways people can connect with their local community partners. [37:00] If people can’t afford to be a homeowner, it hurts everyone in the community. [40:00] What are some of the different ways you can access capital? [44:50] If real estate agents don’t know, then they are unable to inform and educate the community. [47:50] Everyone should be passionate about closing the wealth gap.   Tweetables:   “Women have challenges with loans. Actually, black women have one of the highest rates when it comes to loan declines and higher interest rates and loan pricing.” — Lydia   “Real estate is not about being a licensed real estate agent. There are more pieces to a real estate business. There are so many areas people can branch off to.” — Lydia   “The voices are being heard through America. It takes groups getting together. We all have one thing that we’d like to accomplish: homeownership and being in support of closing the wealth gap, especially when it comes to African American ownership” — Lydia   Guest Links:   Lydia Pope Nareb.com Nareb.com/profile/lpope/ 2021 State of Housing in Black America   Additional Links:   Microcourses found at Learning.REALTOR   Crdpodcast.com   Learning.REALTOR for NAR Online Education Training4RE.com — List of Classroom Courses from NAR and its affiliates   [email protected]   Host Information: Monica Neubauer Speaker/Podcaster/REALTOR® [email protected] MonicaNeubauer.com FranklinTNBlog.com   Monica’s Facebook Page Facebook.com/Monica.Neubauer Instagram Instagram.com/MonicaNeubauerSpeaks   Additional Bio:   Lydia Pope has been in the Real Estate Industry since 1995. She is Owner/President of E & D Realty & Investment Co, Inc. (www.edrealty1.com), E&D Realty Property Management Division, and E&D Construction Company. Some of her past and current accomplishments are 1st Vice President of the National Association of Real Estate Brokers, Inc. (NAREB), Past President of the Women’s Council of NAREB, Mt. Pleasant Advisory Board, Ohio Housing Finance Agency Committee, Cleveland Realtist®Association Past President & Chair, Cleveland/Akron Legislative Committee, NAACP Member and more.