panic peddling - the practice by a real estate licensee of soliciting listings through the illegal use of written or oral statements, or any other behavior that tends to create fear or alarm concerning the presence or imminent presence in the neighborhood of members of a minority status (race, gender, religious affiliation, handicap, familial status, or national origin). Sometimes also refers to creating alarm concerning geologic hazard, impending condition such as development of an airport, building a nearby highway/freeway, corrections facility, etc. See also blockbusting.

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