There has been a trend of "Real Estate Advisors" who dont have a broker license or real estate license sending offers for their investment companies on filled out forms that are outdated (no longer in the form simplicty repository forms) I received an offer today for example on a 6x from last year and not the new 6xx the 6x is no longer in the form simplicity directory from FAR.
(I understand the form is still in lonewolf and some form providers however still offer them as editable)
The forms with their attempts to fill out on their own generally have errors such as missing property legal description, with saying things such as "as per the MLS"
Our MLS says right on it in our area that this information is to be verified and not relied upon.
"Information is deemed to be reliable, but is not guaranteed. © 2024 MLS and FBS"
Are you seeing this in your areas?
This was part of the email received with the offer for example.
"We are a company that invests in real estate nationwide and will be self-represented, so no commission is required."
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