Quote:
Originally Posted by taco.vidal
Why do you call it a lowball? If the house isn't selling at his asking price, then its likely his price is unrealistically high.
Worst case is if he waits too long and the market price slides past the "lowball" offer. Then your friend will be left wishing he took the perceived lowball.
Remember that market price is what things are selling for in the open market. If the house isn't selling for six months then its priced above market price.
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He's asking the same price that he paid over 3 years ago. Plus he built a new deck.