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Real estate agents reinvent ‘love letters’ to sellers as housing competition remains fierce
In today’s purple-hot housing current market, potential buyers are performing every thing they can to compete. Waiving contingencies, bidding nicely about inquiring selling price, and in some conditions even creating an give on a assets sight unseen are all turning into de rigueur. But what about the humble really like letter? Absolutely, telling a vendor why you enjoy the property and want to make it your very own can only enhance your prospects. Not so rapid, says the National Association of Realtors, which advises against them. According to the corporation, the notes can direct sellers to operate afoul of the Fair Housing Act and can actually endanger a offer. That…