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Homebuyer love letters may stir bias (But they often work)

Several years ago, Kristine Chadwick and her family were trying to buy a house in Eugene, Ore.. The market was competitive, so her agent suggested she write a letter to the seller, describing her husband, three kids, two dogs and one cat, and why she wanted to raise her family in the house. Hers was not the highest bid, but she got the house anyway.

Homebuyer love letters may stir bias

Homebuyer love letters may stir bias
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Homebuyer love letters may stir bias – but they often work

Several years ago, Kristine Chadwick and her family were trying to buy a house in Eugene, Oregon. The market was competitive, so her agent suggested she write a letter to the seller, describing her husband, three kids, two dogs and one cat, and why she wanted to raise her family

New Oregon ban on home buyer love letters draws heat

New Oregon ban on home buyer love letters draws heat Some believe the idea of love letters is discriminatory because it could reveal personal information about buyers. Posted: Jul 11, 2021 10:04 PM Updated: Jul 11, 2021 10:05 PM Posted By: Grace Smith EUGENE, Ore. If you re looking to buy a house in Oregon, you can no longer send letters to sway the seller. This long-lasting practice of writing a buyer love letter is now banned after Governor Kate Brown signed House Bill 2550 in June. Some believe the idea of love letters is discriminatory because it could reveal personal information about buyers. Real estate Broker Amy Thompson said these letters could influence sellers to make decisions based on emotion and not based on the actual price and terms of the offer.

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