Houston Chronicle Sunday

You got 30 ‘anonymous’ offers on your home?

- By Steve McLinden

Q: I’ve been told by two Realtors that I need to sell my home in Portland, Oregon, “as is.” I’ve received at least 30 offers from unknown buyers to buy it “outright,” no questions asked, but no money offers, either. It’s on a corner lot so a developer could build several houses there. What’s going on and what can I do? — Jim S.

A: It’s called collusion; that’s what’s going on. Your first step, in my opinion, is to immediatel­y fire your “Realtor” for cause. And feel free to do so with prejudice, too.

Portland is one of the top real estate markets in the country, and those agents are conspiring to flood you with bad advice and vague offers from shady industry consorts to convince you to dump your property at rockbottom price. Then they could resell or redevelop it for a profit.

The fact your agent says you have received 30 anonymous offers with no monetary attachment­s only reinforces this. Those offers, I’m certain, are mostly from straw buyers who bird-dog properties for “buy your unsightly home for cash” businesses that tend to only pay 60 to 65 cents on the dollar.

Call the head of your Realtor’s brokerage and say you are firing the agent for failure to represent your best interests and for a conflict of interest.

If the agency says your listing contract isn’t expired yet and you’re subject to a lawsuit, feel free to mention recent reports in Portland media about this very same scheme, and that you’re now considerin­g filing a complaint with the state attorney general’s office and maybe even going to the media yourself.

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