Quote:
Originally Posted by sureLoss
And if you knew the seller of that house has a history of taking 50% of asking price on houses he sold in the past, would your initial offer be a penny more than 50%?
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You take the best available offer. People will bid if it is a house they want.
Also it depends on the market. If it's a down year, the offer will be lower. Doesn't mean it won't be better when the market improves.