Should you write a personal offer letter?

During a time of intense competition for homes for sale and bidding wars, many real estate agents urged their clients to write an “offer letter” explaining why they wanted that particular home. The idea was that the letter would let the potential buyer connect withthe seller on a more personal basis and, hopefully, influence the decision to sell in their favor.

Now some agents are arguing against the idea as it might limit the would-be buyer’s potential to negotiate or even lead to discrimination based on the information disclosed in the letter.

Leave a Comment