Hey no harm in asking right? I would rather people be up front as that is how I am…
I am okay with taking on clients that are in the lowball camp. I don’t mind writing up those offers and submitting them. I do let the clients know that there is no chance at this point in time that those offers will get accepted. I also do ask them (my client) if they are okay with me calling the listing agent and running it by them verbally so that I save both myself and the buyer time of writing up something formal. If the buyer insists on me writing something up then I will go ahead and do so. Also in alot of these types of cases I ask that the client help me out and do drive bys on the homes they are really interested in before asking me to show. You would be surprised how many homes get filtered out on a simple drive by. Anyways as you can see it is somewhat cooperative.
Most buyers who are really selective and looking for a deal kind of work in cycles…. they will be really active for a few weeks/months, then lay low for awhile, then repeat the cycle again.
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I think there are some good points made in this thread about lowballs. I do think it is way to early for those homes (sellers) in desireable areas to accept lowball offers. They just are not doing it…at least not at the percentages we are all hoping. It cannot hurt to try, and I think that the odds go up if you are trying to lowball in Eastlake or El Cajon as opposed to Carmel Valley or Carlsbad…
Amy even though the home you really like didn’t happen for you just stick to your guns, it will happen someday. For your realtor to not acknowledge what is happening is not uncommon. Believe it or not there are realtors who firmly believe the correction is done. Even if it flies in the face of all logic.