San Antonio Realtors Association

According to recent data from the US Census Bureau, African Americans have the lowest homeownership rate compared to other racial groups. In the first quarter of 2020, the rate for African Americans was around 44%, compared to 74% for non-Hispanic white Americans. For Hispanic Americans, the homeownership rate was about 49%, and it was about 59% for Asians, Native Hawaiians, and Pacific Islanders. While these statistics vary by location, in many cities across the country it is becoming increasingly difficult for many African Americans to become homeowners.
Brian M. Paris, realtor at Keller Williams City View and president of the San Antonio Association of Realtors, wants to change that trend. He and other SAAREB members would like to see more African Americans buying homes. Helping African Americans build generational wealth is also part of the goal that real estate trade organizations SAAREB, the Texas Association of Real Estate Brokers Inc. (TAREB) and the National Association of Real Estate Brokers Inc. (NAREB) worked hard to achieve. Business organizations have set a national goal of adding 2 million new black homeowners in five years.

NAREB, known as the oldest professional organization for black and minority real estate professionals, was established in 1947. Its purpose was to fight for the rights of African American real estate professionals and homeowners. Its members are called REALTISTS®. A title that early advocates chose because at that time, African Americans were not allowed to join the National Association of REALTORS®. NAREB continues to push for fair housing policies and to help African Americans seeking homeownership.

“I personally don’t think there’s the same level of barriers that they faced in the ’60s when there were redlining and other legal barriers to homeownership,” said Paris. “I don’t see that barrier anymore, but I still see challenges when it comes to interaction.” He said it’s the little things that can turn a buyer off, like being asked questions like, “Are you sure you can afford it?”

“Yes, there is always an advantage and a reason why NAREB, TAREB and SAAREB are on this earth because there is still work to be done,” he said. Paris joined SAAREB in 2017 and became the chairman of the board the following year. The New York native moved to Alamo City in 1994 and has been a REALTOR® for 12 years.
Prior to his real estate career, Paris spent 29 years at Citibank where he was a representative and training manager. He is a big proponent of financial education and encourages people to sign up for SAAREB’s online financial literacy series. Sessions are designed for youth and adults and cover topics such as car and home ownership, investing, banking, budgeting and more. For more information, visit saareb.com.
Paris said he would like to change the way people think about home ownership. Whether it’s a retiree who doesn’t have great credit, or a millennial with great credit and enough income to buy a home, but chooses not to. This year, he aims to show people not only how to get a house, but also how to maintain and maintain it. It is a lesson in how to create generational wealth, which is an important part of SAAREB’s mission.

“You buy a house and live in it for a few years and instead of selling it, you rent it out,” Paris said. “Now you have income that you can use for your next place.”

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Former SAAREB President Maudel Nolan Hardie, who has been an active member since 1990, has spent her career helping her community and colleagues. Hardie grew up on the East Side of San Antonio, and when she became a sales agent in 1985, there weren’t many African-American agents in San Antonio. Hardie also became a paralegal and has a degree in criminal justice. Although she faced discrimination and struggled to find a broker to sponsor her at first, she was determined to succeed in the real estate business – and she did. During her first year, she became the most productive part-timer in her office. In 1990, she obtained her broker’s license and opened her brokerage firm, Hardie & Associates, REALTORS®. Hardie still encourages agents at her brokerage to get their broker’s license within five years, just like she did. So far, she has helped 18 agents become brokers and has mentored many more. “If you have the will, you will have the support of people who will serve as your mentors,” she said. Even his daughter and granddaughter followed in his footsteps. Hardie’s daughter works with her as an agent and her granddaughter will soon have her sales license.
After more than 30 years in the real estate business, Hardie said she still loves what she does and doesn’t plan on retiring anytime soon.
“It’s amazing that as a real estate agent you can share that happiness with them and hand them the key to their first home,” she said.

For more information about the San Antonio Association of Realtors, visit saareb.com.

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Kristan F. Talley