A few months ago, Alex Prins of Coldwell Banker Lakewood attended Global Luxury training at JW Marriott in Austin. As three of the top trainers stepped on stage, each shared pictures of their families, husbands, and children. It was a tremendous moment for Prins because each of the presenters was gay.
Fifteen years ago, Alex Prins remembers coming out to his parents with the words, “I understand I won’t legally be able to marry and likely won’t have children.” And now, look at his reality. Gay marriage is legal, acceptance is headed in the right direction, and we’ve definitely come a long way. BUT, we’re not there yet and we still have a little way to go.
According to a study from Iowa State University, lesbian, gay, bisexual and transgender (LGBT) borrowers are more likely to be denied mortgage loans. And those that do get approved pay higher interest rates and fees. As of 2019, only 22 states plus D.C. prohibit housing discrimination on the basis of sexual orientation.
But when legislation falls short, advocacy steps up. This time in the form of NAGLREP – National Association of Gay and Lesbian Real Estate Professionals.