Liability Letters, Part 3.

Liability Letters, Part 3.

The latest on “love letters” is that the Oregon law preventing a buyer agent from providing the seller or its agent with one has been blocked by the courts. The provision that “a seller’s agent shall reject any communication other than customary documents in a real...
They’re Paying over Asking Price.

They’re Paying over Asking Price.

Nearly 90 Phoenix homes sold for $100,000 over the listing price in first six weeks of 2022. During the same period in 2021 there were only 11 transactions of $100,000 above the asking price. One reason for the increase is that non-primary buyers accounted for 36% of...
Liability Letters, Part 1.

Liability Letters, Part 1.

A buyer love letter is a letter written by the buyers to the sellers that accompanies an offer. It is an emotional appeal to the sellers in an attempt to get the sellers to accept the buyers’ offer. Typically, the buyers write about how much they love the home and how...