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What is steering in real estate practices?

  1. Guiding a boat during a home inspection

  2. Controlling the steering wheel of a moving van during a relocation

  3. Leading prospective buyers to or away from certain areas

  4. Installing a new steering column in a property

The correct answer is: Leading prospective buyers to or away from certain areas

Steering in real estate practices refers to the act of guiding prospective buyers to or away from specific neighborhoods or areas based on their race, religion, national origin, or other protected characteristics. This practice is discriminatory and violates fair housing laws, which are designed to ensure equal opportunity in housing for all individuals. By directing buyers toward certain areas, agents or landlords can contribute to segregation and can limit the opportunities available to clients from different backgrounds. This understanding is crucial for real estate professionals, as it emphasizes the ethical responsibility to provide equal access to housing without bias. Educating oneself about steering helps ensure compliance with fair housing regulations and promotes a more inclusive real estate market. The other choices provided do not reflect the nature of steering in real estate or pertain to the actual practices and issues surrounding housing discrimination.