…for Suggesting the Right Kind of People
Buying neighbors is not a good thing, nor is attempting to decide their religion, or any other issues in relation to fair housing. But apparently one Mortgage Broker has allegedly attempted to do just that in an upper income New Jersey neighborhood.
Jack Lefkowitz a New York Mortgage Broker allegedly mailed out the above postcard to a neighborhood warning they BEWARE! “Help Save The Neighborhood from Negative Elements!”
What makes this story an even bigger story is that this home is an Exclusive For Sale by Owner, and the website brags about the lack of commissions on the home, yet offers a $10,000 referral fee to residents of the neighborhood when they recommend a suitable buyer.
I think in this case, it may be buyers who may want to beware of not only FSBOs, but maybe even mortgage brokers practicing real estate.