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Hartland Ross

Oct 15, 2026

9:50
one one buyer came to you and said we want to buy you and you said that sounds great and it worked well enough so my belief is boy view a couple of offers right or see if you can get a little bit of a market going if you're able to but with that said once somebody once a buyer gives a seller an LOI, is there a freeze out that occurs where, hey, as part of this LOI, you, the seller, can't talk to nobody for some period of time? Or how does that actually, how does that exclusivity actually work in real life?
10:28
Well, I mean, merely giving them an LOI, of course, doesn't do anything.
10:32
It's a matter of actually having that LOI signed.
10:35
At that point, yes, it would be very rare.
10:39
Having said that, we literally just completed one.
10:43
I think it was Friday that it closed, where the buyer was not in an exclusive arrangement with the seller.
10:51
And you might wonder what would sort of precipitate that from happening.
15:34
Like what's that process for me to say, whose letter of intention I work first.

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