Is There a Gender Wealth Gap in Real Estate? What the Numbers Reveal
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Welcome to the Real Estate Education podcast. | Erin Spradlin and James Carlson
🏠 Please direct questions/comments to erin@erinspradlin.com
🟢 Exploring the Gender Wealth Gap in Real Estate: In today's podcast, we delve into a study revealing that women pay 2% more and sell for 2% less in real estate transactions than men. This raises questions about gender bias in negotiating and how this impacts the gender wealth gap in property investments.
🟢 Strategic Tips for Women Buying Real Estate: We discuss practical strategies for women navigating real estate purchases, including using initials to prevent gender discrimination and taking negotiation courses like those by Christopher Voss to strengthen bargaining power and improve financial outcomes.
🟢 Women’s Growing Real Estate Ownership: Despite potentially paying more, single women own nearly 11 million homes in the U.S., surpassing single men by a significant margin. This demonstrates women’s resilience and commitment to building wealth, even with fewer available properties and lower average incomes compared to men.
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