Blog Stories Love Letters No More - A New Rule in Real Estate

Love Letters No More – A New Rule in Real Estate

By The Dream Digs Team, June 17, 2021

House Bill 2550 just passed in the Oregon house and states that no longer will letters to the Seller or “love letters” be allowed to be submitted with an offer. It finds that these letters can undermine fair housing laws. As of January 1, 2022, Buyers will need to let their offers speak for itself.

Here’s a bit more from Oregon REALTORS:

“The bill requiring seller’s agents to reject buyer love letters, House Bill 2550, passed the House this week after Oregon REALTORS® worked to amend the bill in the Senate to make it easier to comply with. Oregon is the first state in the U.S. to take this step to reduce the likelihood that sellers will discriminate against buyers based on race, color, religion, sex, sexual orientation, national origin, marital status, or familial status.”

About Us: Over the course of their professional partnership, Aryne + Dulcinea have helped hundreds of clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

THE DREAM DIGS TEAM

Aryne + Dulcinea, Earth Advantage Principal Broker | Earth Advantage Broker | ADU Specialists | OR

The Dream Digs Team are full-service, high-producing agents, who know how to navigate the unique challenges facing the Portland real estate market...
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  • T: 503-380-5124
  • aryne@livingroomre.com

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