Buyer Love Letters to Home Sellers: What to Watch Out For
Posted by The Cobb Group on
In a competitive real estate market, buyers want to give as much strength to their offers as possible in an effort to try and edge out other offers for the same property.
One creative way to try and get a seller’s attention is for a buyer to write a letter to the seller explaining why the seller should select their offer. In the industry, these letters are referred to as love letters. These letters often include family photos.
While you may think this is a great idea, you need to know that love letters can be a detriment.
A letter to a seller that unintentionally reveals your status in one of the seven protected classes of the Fair Housing Act could result in a violation if the seller makes a decision based on information pertaining to your…
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