Real estate love letters can create ethical and legal concerns, as they sometimes introduce unintended biases into the decision-making process. Sellers who consider personal stories over financial offers risk violating fair housing laws, even unintentionally.
Love letters can cause fair housing issues if buyers disclose race, familial status, religion, etc. Even a simple statement such as `` my wife and child'' could be grounds for a future lawsuit. That's why some brokers will not allow love letters.
Margaret writes: “Why is it illegal/inappropriate to write a letter to the seller of a house?” Michael O'Connor, the president of the Greater Rochester Association of Realtors says writing a letter is not illegal, but it is frowned upon. “The issue is, really, it's a fair housing issue,” O'Connor said.
While it's not illegal to write them or share with a seller, it is illegal to treat buyers differently based on bias for or against protected classes or characteristics.
Yes, it can be appropriate and even thoughtful to write a letter to the seller when making an offer on their house. A well-crafted letter can express your genuine interest, explain why you love the property, and provide some personal background. Keep it respectful and focused on your enthusiasm for the home.
That letter is known as a house offer letter. In this case, the buyer's broker will often include a short profile about the buyers and express their love for the property, and keep it brief enough so the buyers' personal letter remains impactful and is not redundant.
How to write a letter to the seller when buying a home Decide how you want the letter to look. Introduce yourself. Share your love for the home. Describe how you'd live in the house. Explain your offer. Express gratitude. Read over your letter. Deliver the letter to the seller.
7 Tips for Writing the Perfect Real Estate Offer Letter Address the Seller By Name. Highlight What You Like Most About the Home. Share Something About Yourself. Throw in a Personal Picture. Discuss What You Have in Common. Keep it Short. Close the Letter Appropriately. The Bottom Line.
How to Present an Offer to a Seller? 7 Crucial Steps Start with Property Research. Analyze Market Conditions. Understand the Seller's Perspective. Tailor Your Offer. Offer Flexibility. Craft the Irresistible Offer. Use Highnote to Present Irresistible Offer.
How to Present an Offer to a Seller? 7 Crucial Steps Start with Property Research. Analyze Market Conditions. Understand the Seller's Perspective. Tailor Your Offer. Offer Flexibility. Craft the Irresistible Offer. Use Highnote to Present Irresistible Offer.