Boston Real Estate for Sale

There was a blog post on Active Rain entitled: Can the Listing Broker Specify the Lender? (must be a logged-in Active Rain member to access). The post raises the question: Can real estate listing agents place certain requirements into the Multiple Listing Service (MLS) such as: Buyer must pre-qualify for a loan through lender XYZ to submit an offer.

The comments ranged from “that’s an illegal  practice called Steering” and “that’s not a good practice for a seller” and “I see no problem with this practice.”

So what are your thoughts, Boston condo buyers and sellers? Lenders, I’d like to hear from you as well.

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