Blockbusting "Panic Peddling"

You cannot induce homeowners to sell by predicting that the entry of a protected class into the neighborhood will lower property values, increase crime, or degrade the schools.The Scenario: An agent knocks on doors in a white neighborhood and whispers, "Did you see who moved in down the street? You better sell now before your house is worth nothing."The Motive: The agent spreads fear to get listings cheap, then sells them for a profit. This is strictly illegal.