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Sponsored: Seller’s agent tells couple it is in their ‘best interest’ to select buyer based on price, terms; is this accurate?

Sponsored: Seller’s agent tells couple it is in their ‘best interest’ to select buyer based on price, terms; is this accurate?

4 years ago
Anonymous $rxtAWepgzY

https://www.siliconvalley.com/2020/10/17/sponsored-sellers-agent-tells-couple-it-is-in-their-best-interest-to-select-buyer-based-on-price-terms-is-this-accurate/

Q: Last night, our seller’s broker withheld the cover letters from seven offer proposals on our listed home. He insisted it was in our best interest to negotiate a sale based on price and terms, not on who is making the offer. He had prepared a letter for us as the sellers to sign digitally, rejecting cover letters describing who they are and why they want to live in our home, aka “love letters.” He said he would provide the withheld cover letters if we insisted and provided we sign a waiver to hold him and his realty brokerage harmless from litigation. We did not want to pick a fight with our seller’s agent, so we signed the form rejecting cover letters and stating that they were not read or considered in any subsequent negotiation. It seems un-American that deciding which buyers we want to live in the home where we raised our children might be considered discrimination.

Our seller’s agent is in a protected class. Is he on the level with us on legal issues or “putting his thumb on the scales?”

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