When making an offer to purchase a house how much should I lowball the seller?
>>58997192Depends on how long the house has been listed, if it's been months you can knock 15% off the listing price. If it's not selling quickly it's either a shithole or overpriced, the residential RE market is surprisingly efficient at pricing itself.
>>58997192Always knock off 20% of the price. Eventually you'll get someone desperate for the money.
>>58997192I'd start at 50% of their asking.You can assume it's an overpriced pile of shit plywood, which it is if you're in N. America and it's not a heritage home.
>>58997192Not too much or your agent will refuse the offer, I had it happen a few years back when some jerk couple was asking an insane amount for a house so wanted to offer an insanely low amount as an insult and my agent almost quit.
>>58997192110%
>>58997192You should listen to your realtor because it depends on about 50 different factors. If you don’t have a realtor and are asking this question then you’re a fucking retard and probably going to get scammed because you’re too stupid to buy a house on your own.
