Thread: Lowball offers
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Old 04-03-2014, 05:19 PM   #7
iggy_oi
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Quote:
Originally Posted by zarrell View Post
Well obviously. 5-700k range.
Going 10% below the list price isn't too unreasonable, but in this market I'm not sure it's gonna get you the property. Like other posters have said it could draw more interest in the property if other potential buyers are told there is an offer on the property. If they are looking at the property the list price is obviously in their price range so they likely won't hesitate to make an offer of 8% below list price to beat out your offer of 10% below.
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