OT Oregon bans home buyer 'love letters'

[Natebishop3]

https://www.kgw.com/article/news/lo...ters/283-2168d502-c3a9-4dcd-8225-e0a255c6a5f3

Home buyers in Oregon will no longer be able to submit "buyer love letters" with their offers in an attempt to sway sellers to accept their offer over others. Gov. Kate Brown signed House Bill 2550 in June, which directs seller's agents to reject direct communications from buyer to seller, outside the scope of a traditional offer.

Buyers will often include personal, heartfelt letters to sellers with their offers, telling them how much they love a home, how they can envision their family growing there, or that they see themselves hosting holiday dinners in the kitchen. The problem lies in that those letters could reveal personal information about the buyers that could lead to potential discrimination. Sellers aren't allowed to discriminate based on protected status, such as race, gender, religion or family makeup, and a letter could open the door to discrimination, or even just the perception of it.

So we did this when we bought our home back in 2015. I didn't really enjoy it, but this also feels like an overreach to me.

 

[donkiez]

I thought love letters were stupid also, not sure they needed to be banned though. When we bought and sold in 2019 I refused to write one and the ones I got didnt sway me at all. I prefer to let the offer do the talking.

 

[twobullz]

I am pretty sure the National Association of Realtors has advice all realtors not to use the letters anymore. To many cases of discrimination coming about because of the letters.

 

[Natebishop3]

I'm just curious why something like cover letters for job applications is still okay, but this isn't okay?

 

[Lanny]

Never heard of it before.

 

[Orion Bailey]

Love letters…. Lol

didn’t write one for any of the homes i bought and me er got any for the two homes i sold. All from 2010 to current. it was asked by our realtor if we wanted to on the last home purchase in 2017, but i thought it was ridiculous in a market dictated by the dollar.
It all seemed fake to me.
Yep. Let the money do the talking.

 

[SlyPokerCat]

This actually hurts the average person. I know If I was selling I would rather sell for 10k lower to a couple than some developer or place wanting to rent out the homes.

Now, i would just take the biggest offer.

 

[Natebishop3]

This actually hurts the average person. I know If I was selling I would rather sell for 10k lower to a couple than some developer or place wanting to rent out the homes.

Now, i would just take the biggest offer.

Yup. I would think this move has the opposite effect that they're going for.

 

[twobullz]

I'm just curious why something like cover letters for job applications is still okay, but this isn't okay?

The cover letter does not open you up to discrimination this could.

 

[Lanny]

Me? I'm not curious at all. Seems obvious to me.

 

[BLAZINGGIANTS]

This agenda was pushed by folks with big bank accounts.

aka the companies buying these homes up rather than the average consumer

#richkeepgettingricher

 

[SlyPokerDog]

Dear Mr and Mrs Homeowner,

I love the way the light glistens off your upper round windows and the feel of your dark and firm basement. I just want to paint every room with my manliness as I explore your hidden secrets. Please, let me buy you!

Love, @barfo

 

[EL PRESIDENTE]

I'm just curious why something like cover letters for job applications is still okay, but this isn't okay?

Because it's legal for jobs to discriminate based on race to fill a quota.

 

[tester551]

Yup. I would think this move has the opposite effect that they're going for.

Like most governmental regulations

 

[barfo]

Dear Mr and Mrs Homeowner,

I love the way the light glistens off your upper round windows and the feel of your dark and firm basement. I just want to paint every room with my manliness as I explore your hidden secrets. Please, let me buy you!

Love, @barfo

Obviously, if I was actually writing something like that, I wouldn't be mentioning all that other crap, only the basement.

barfo

 

[SlyPokerDog]

Obviously, if I was actually writing something like that, I wouldn't be mentioning all that other crap, only the basement.

barfo

 

[jonnyboy]

Seems like this would just hurt the average person trying to be creative in competing against big money. Interesting that concerns of ‘discrimination’ are being used to essentially fuck over the people actually being marginalized in this scenario, the poor and middle class.

 

[jlprk]

Never heard of it before.

Same here. The seller turns down a high offer because the low offer writes a letter? What?

 

[SheedSoNasty]

Same here. The seller turns down a high offer because the low offer writes a letter? What?

yes, apparently it does happen from time to time, according to my realtor. I wrote a few as I was making offers six month ago. The 20k I was under the highest bidder was just too much for my ability to suck up.

 

[jlprk]

yes, apparently it does happen from time to time, according to my realtor. I wrote a few as I was making offers six month ago. The 20k I was under the highest bidder was just too much for my ability to suck up.

My post before that one was

Why can't we get Love for almost free? Isn't Cleveland itching to get rid of his contract?

It occurs to me: Why don't we write a love letter to Cleveland, so we can get Love for less than market value?

(To make such enjoyable mind connections, you have to have taken LSD 50 years ago. It makes you smarter.)

 

[THE HCP]

We didn't need to write one for our house 15 years ago. Found it on Craigslist.....went and looked at it with the owner. He called me that night and sold it to us $15,000 less than his highest offer.... He was in the middle of a divorce and his future Ex found out it was ME that made the offer. I was childhood friends with her and she made him accept my offer just to fuck him over! HA! It's WHO you know FAMS!

 

[jlprk]

We didn't need to write one for our house 15 years ago. Found it on Craigslist.....went and looked at it with the owner. He called me that night and sold it to us $15,000 less than his highest offer.... He was in the middle of a divorce and his future Ex found out it was ME that made the offer. I was childhood friends with her and she made him accept my offer just to fuck him over! HA! It's WHO you know FAMS!

She lost $7500 just to make him lose $7500? It's the morons you know, FAMS!

 

[THE HCP]

She lost $7500 just to make him lose $7500? It's the morons you know, FAMS!

Dude was RICH! He cheated on her and treated her like shit! She could care less about the money. The value of spite outweighs that of cash in certain situations FAMS.

 

[andalusian]

We didn't need to write one for our house 15 years ago. Found it on Craigslist.....went and looked at it with the owner. He called me that night and sold it to us $15,000 less than his highest offer.... He was in the middle of a divorce and his future Ex found out it was ME that made the offer. I was childhood friends with her and she made him accept my offer just to fuck him over! HA! It's WHO you know FAMS!

All I am reading from this is that if people know the HCP - they will fuck you over.

I am unsubscribing from all you all peoplez.