When is a Lowball Offer a Good Idea? - MYMOVE

Mar 17, 2022 · The home has been on the market for a while. If a home has been sitting too long, this can also be a good time to lowball an offer. A home will generally sell for asking price or …

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Should You Ever Make A Lowball Offer On A Home? - UpNest

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Aug 17, 2022 · A lowball offer for a house listed at $500,000 would fall around $450,000. That being said, the market determines what is considered low balling. In some areas, and in a …

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Time To Give A Low-ball Offer? : R/RealEstate - Reddit

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Before pandemic, 5% below asking price was considered normal. Lowball to me sounds 10-25%, but with the current price, even lowballing seems like a bad deal sometimes since you paid …

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What Is The Line Between Lowballing And Making A Low Offer

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Just depends on my mood in a given day.. I rarely will accept an offer in the first two days as I tend to price at market value.. People who offer 20% of the item, I will decline and ignore. My …

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What Is Your Definition Of A Low-ball Offer? : R/RealEstate - Reddit

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So you offer $480K. Totally reasonable. Seller may accept or counter. Legit offer. Same house but AC and roof are fine. You offer $450K because you are trying to get a deal . No reason for …

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Ex-Mets Starter Reports Teams Surprising Lowball Offer To Pete Alonso

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1 day ago · The New York Mets signed Juan Soto to a historic 15-year, $765 million deal this offseason. They are trying to come to terms on a deal with Pete Alonso but perhaps are not …

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FAQs about When is a Lowball Offer a Good Idea? - MYMOVE Coupon?

When is the best time to make a lowball offer?

Here are 6 signs that will help you determine the best time to make a lowball offer: 1.) When The Seller Wants Out This may be the case sometimes when a motivated seller just wants out. Some homeowners want to sell so quickly to the point where they’d accept lowball offers if they need to. 2.) When You Think The Price Is Overvalued ...

What is a lowball offer?

A lowball offer, or an offer price that’s significantly lower than the listing price, is often rejected by sellers who feel insulted by the buyers’ disregard for their property. Most listing agents try to get their sellers to at least enter negotiations with buyers, to counteroffer with a number a little closer to the list price. ...

Should you make a lowball offer for a home?

If you are making a lowball offer price for the home, you might consider keeping the contingencies to a minimum. With a steal of a price, you probably shouldn’t expect to have the sellers make repairs or to convey additional items to you, such as their window treatments. ...

Are lowball offers a bad idea?

To be clear: Real estate pros warn against extremely lowball offers (typically more than 15% below listing price) because you might offend the sellers—even if the home’s been on the market for months. Strategize with your agent to determine both how far under listing price you’re comfortable going, and what you think the sellers might respond to. ...

What are the characteristics of a low-ball offer?

Here are some common characteristics of low-ball offers and what to look for: Significantly below asking price: Typically 10% to 20% or more below the listing price. Cash offer: Some buyers will pair a low offer with a cash payment to entice sellers with a faster closing process. ...

Is 20% off a lowball offer?

While 20% off may be considered a lower offer, it is not necessarily a lowball offer. This discount allows for potential repairs or improvements to be covered and still provides a reasonable price for the property. By offering 20% off the asking price, you can negotiate additional costs without undermining the overall value of the property. ...