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Sign into your account[Podcast] Leading the Diversity Charge for Real Estate with Lennox Scott
February 05 2024
Recently, national news headlines have brought to light an alarming accusation of race-based real estate value inequity in the appraisal industry: A black family's home value increased by a whopping $300,000, after their first appraisal, by "white-washing" their home and having a white friend answer the door on the day of the appraisal. Unfortunately, this is not the only recent case of real estate value inequity.
In this episode of Million Dollar Question, host Jessisa Edgerton is joined by Lennox Scott, chairman and CEO of John L. Scott Real Estate, one of the largest and most successful regional real estate firms in the United States across the Pacific Northwest and into California. Lennox is a tireless advocate for diversity training within the real estate industry.
Lennox and Jess emphasize the importance of diversity, equity and inclusion within the industry, now more than ever, in the wake of the racial atrocities that have occurred over the past few years.
In this episode of Million Dollar Question:
- How Lennox became a leader of diversity, equity and inclusion
- Undoing the long history of racist language in property documents
- New systems in place to encourage diversity, equity and inclusion
- What needs to happen moving forward
Connect with Lennox:
- Website: johnlscott.com
- LinkedIn: Lennox Scott
Listen to this podcast on:
Visit the episode homepage for show notes and more detail.