Does low balling damage a realtor’s reputation? (30% to 50% off kind of low balling)
Specifically if working in snooty little markets like La Jolla, RSF, etc.
I read a real estate investing book way back when that promoted a low balling technique in which you find a starving agent and pay them a set hourly rate to submit 100 offers at 50% off the asking price of the homes for sale in a desired area. Each offer was very professionally presented with a letter expressing all cash close in 7 days etc. The whole idea was to fish out the serious sellers.
