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Low Ball offers are fine...

You read it right....

Low ball offers are just fine.

BUT!!!  Don't come back crying when it doesn't work

and you lose the home you really wanted.

Don't blame the seller for not taking your offer.

Dont' blame your agent because they didn't get the seller to accept the offer.

If you really want the home...give your best shot right away!

 

Comment balloon 8 commentsWilliam Feela • November 24 2015 08:18PM

Comments

Even a low ball offer is an indication of interest.  Margaret Rome says it is a great place to start!

Posted by Evelyn Johnston, The People You Know, Like and Trust! (Friends & Neighbors Real Estate) almost 2 years ago

BINGO!  Clients can offer five bucks for a home, but they aren't going to get it.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) almost 2 years ago

Hi William.  I've resorted to keeping either an email record or written record of my suggestions for these types of buyers, since they like to conveniently forget our recommendations and try to blame us for not having their offers accepted.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 2 years ago

Good morning William. Perfectly said. I also love the cartoon you added.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) almost 2 years ago

Great advice, William. And on the distaff side, I always tell my sellers that lowball offers maybe a door opening to negotiations, so if there are no others, not to throw them out. (I once sold a home where we told the buyer three times that we didn't find his lowball offers acceptable. On the fourth round he came back with a reasonable number and we negotiated out a contract.)

Posted by Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor (RE/MAX Executive | Charlotte, NC) almost 2 years ago

Lowball offer are just ther start to negotisaions.  I have had low offers end up paying close to full price

Posted by Vern Eaton, Realtor 651-674-7449 almost 2 years ago

William

A low ball offer is a starting point . . . . When the buyer is willing to become realistic things will move forward. If not it's over very quickly.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 2 years ago

Low ball offers are fine, and falling in love with a home is fine, but best not to do both with the same home since you are much less likely to ever own one that you start with a lowball offer.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams fox cities) almost 2 years ago

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