Letters of Intent – Part 2: What Sellers and Agents Must Know with Joe O’Kelley

Segment Teaser – We’re continuing our deep dive into Letters of Intent (LOIs) in real estate with Expert Advisor Joe O’Kelley, Managing Partner of O’Kelley & Sorohan, Attorneys at Law, LLC. If you’ve ever received a vague or suspicious offer from an investor—or wondered whether LOIs are worth considering—don’t miss this follow-up discussion. 🏡 From Legal Loopholes to Red Flags Cleve and Joe expand on the earlier segment to explore how Letters of Intent are being used in today’s real estate market, and how agents and sellers can separate legitimate investor interest from smoke and mirrors. Topics include: How some investors use Trusts or Trust Deeds to obscure true ownership or financing sources What should raise your suspicions in an LOI Why agents must vet buyers more carefully than ever Legal implications of misrepresentation in investor offers ⚖️ When Is It Time to Say No? Joe offers expert advice on: How to protect your seller clients legally and financially What agents should do before accepting or countering an LOI Why disclosure and documentation matter more than ever when dealing with unconventional offers 💼 Real-World Examples, Real-Time Guidance Using actual examples from investor-submitted LOIs, Cleve and Joe break down what’s being said between the lines, and how these tactics can impact a transaction’s success—or derail it entirely. ✨ You Get All the Upside At Modern Traditions Realty Group, we believe in giving our clients every available option with the expert support they need—from initial offer to final signature. That’s how we help you avoid surprises and maximize your confidence at closing. 📣 Let’s Talk Have you received a confusing Letter of Intent? Visit GoGaddisRadio.com to submit your questions, share your experiences, or subscribe to the podcast so you stay informed on today’s changing market. 🎧 Go Gaddis Real Estate Radio – where we help you move from real estate novice to expert, so buying or selling a home is done with total confidence—and without the typical worry of one of life’s biggest investments.