Seattle Proposes Do Not Solicit List to Protect Homeowners from Lowball Offers
A 74-year-old woman in Seattle, living primarily on Social Security, is frequently receiving unsolicited offers to sell her home for significantly less than its market value. Her home, valued at approximately $900,000, has attracted offers as low as $400,000 to $500,000. These offers are often presented without inspections or agents, appealing to homeowners who may not be aware of their property's true market value. In response to such predatory practices, Seattle lawmakers are considering implementing a Do Not Solicit list. This list would allow homeowners to register their properties to avoid unsolicited purchase offers, with violators facing fines between $1,000 and $2,000. The initiative is modeled after similar protections in Philadelphia and New York, aiming to protect homeowners from pressure tactics and ensure they receive fair market value for their properties. 
