Author Topic: Is this the beginning of the end for love letters?  (Read 330 times)

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Offline freedomcm

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Is this the beginning of the end for love letters?
« on: June 18, 2021, 06:37:49 AM »
coming to California soon?

Oregon has joined the fray. House Bill 2550 directs the seller’s agent to reject communication from the buyer, such as a personalized letter. That’s because, according to Representative Mark Meek, who is also a real estate agent, “personal letters could lead to selection based on race, sex or religion.”

https://www.realtrends.com/the-end-of-love-letters-in-oregon/

Offline USCTrojanCPA

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Re: Is this the beginning of the end for love letters?
« Reply #1 on: June 18, 2021, 08:01:34 PM »
coming to California soon?

Oregon has joined the fray. House Bill 2550 directs the seller’s agent to reject communication from the buyer, such as a personalized letter. That’s because, according to Representative Mark Meek, who is also a real estate agent, “personal letters could lead to selection based on race, sex or religion.”

https://www.realtrends.com/the-end-of-love-letters-in-oregon/


The California Association of Realtors also discourages buyer agents having their clients write letter and sending them to listing agents.  I can tell you from personal experience that personalized letter got a home for 5 of my buyers, including several beating out cash buyers and slightly higher offers.
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Offline freedomcm

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Re: Is this the beginning of the end for love letters?
« Reply #2 on: June 19, 2021, 07:04:53 AM »
But will the CAR oppose a law banning the love letters?

Hard to imagine that Sac won't follow Oregon's lead.

Offline akula1488

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Re: Is this the beginning of the end for love letters?
« Reply #3 on: June 19, 2021, 01:24:38 PM »
But if the owner really wants, he can choose to meet the buyers in person? This is not that easily enforceable.

 

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