Originally appearing in ProPublica on August 2, 2023, Anjeanette Damon and Byard Duncan quote Sarah Bolling Mancini in a look at how few jurisdictions have laws or regulations to protect homeowners from aggressive real estate tactics.
In particular, homeowners who have never publicly listed their houses for sale should be allowed a quick way out of a contract, said Sarah Bolling Mancini, co-director of advocacy at the National Consumer Law Center. Public listings attract competing offers and can better determine fair market value. Such a regulation would also protect homeowners from cash buyers who solicit sales.
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