The Asian Real Estate Association of America named Atlanta Realtor Tim Hur as its next president.
Hur is the managing broker and president of Point Honors and Associates, REALTORS®, and at 37 years old, will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.
Hur, who was recognized last week at AREAA’s convention, previously served as the group’s national treasurer and secretary, as well as chapter president for AREAA Atlanta in 2013 and 2014. In 2018, he was named the National Association of REALTORS® chair for diversity and served three consecutive years in 2013, 2014 and 2015 as NAR’s liaison for South Korea. Hur has also been active in the Atlanta Association of Realtors.
“Tim’s relentless pursuit of making a difference on the diversity front has played a significant role in illuminating his career path,” said Amy Kong, AREAA’s outgoing president and co-founder of Trust Real Estate in San Francisco. “AREAA has benefitted from his passionate and energetic engagement with our organization and our causes for many years. Under his leadership, we will leverage the incredible momentum our nation is experiencing in advancing diversity, equality and inclusion initiatives.”
Hur, a graduate of Georgia Tech University, said in a press release that AREAA will continue working to increase AAPI homeownership levels while removing barriers these consumers may face in the home buying and selling process, including language barriers, alternative credit needs and fair housing. According to the U.S. Census, the AAPI community’s homeownership rate is currently 58.7%, far below the 74.2% figure for the Non-Hispanic white population.
“This past year represents an important inflection point not only for AREAA but for all those dedicated to erasing inequities for those deemed different,” Hur said. “Many of our partners reached out to us this past year because of our maturity and strength in the DE&I space. In that regard, we have become the hallmark of what Diversity Equity and Inclusion in action looks like. Not only do we have a seat at the table, we are now sitting at the head of the table, a position we will use for everyone’s benefit.”
Hur has been consistently ranked in the Top 5% of REALTORS® in the Atlanta market by volume and production. He has earned multiple REALTOR® designations, including Certified Residential Specialist, Certified Luxury Home Marketing Specialist with Million Dollar Guild recognition, certified International Property Specialist, Accredited Buyers Representative, Sellers Representative Specialist and GREEN designations.
AREAA, which was founded in 2003, has more than 17,000 members and is the largest Asian-American Pacific Islander trade organization in the U.S.