How low is the least acceptable lowball offer?

[beanmaestro]

You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.

[jpinpb]

[quote=beanmaestro]You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.[/quote]
x2. I unwittingly and unknowingly helped many over the years w/my lowball offers on places I wanted to get. Made the other lower offers look good.

[jpinpb]

[quote=beanmaestro]You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.[/quote]
x2. I unwittingly and unknowingly helped many over the years w/my lowball offers on places I wanted to get. Made the other lower offers look good.

[jpinpb]

[quote=beanmaestro]You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.[/quote]
x2. I unwittingly and unknowingly helped many over the years w/my lowball offers on places I wanted to get. Made the other lower offers look good.

[jpinpb]

[quote=beanmaestro]You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.[/quote]
x2. I unwittingly and unknowingly helped many over the years w/my lowball offers on places I wanted to get. Made the other lower offers look good.

[jpinpb]

[quote=beanmaestro]You could always get a friend to bid at 15% below ask the week before you offer 10% below ask. One of my friends is a permabear, and gets his giggles by making ~25% off bids.

And for what it’s worth, we got our first choice house offering 7% under ask. The sellers countered halfway, and we said, no, our first bid was a firm offer. Their agent called us back to accept a half-hour later.[/quote]
x2. I unwittingly and unknowingly helped many over the years w/my lowball offers on places I wanted to get. Made the other lower offers look good.

[scaredyclassic]

I offered 12 percent over list price and it was accepted. I know this sounds weird, but I think you have to get out of the frame of mind of responding to list and offer what you truly believe is the right offer. It might be more it might be less than list. I say figure out what its worth to you and offer that, based on whatever criteria u think matter, including but not limited to the comps your gut interest rates your spouse your emotions how nice the place is whether it’s actuallybunique in a good way etc.

[scaredyclassic]

I offered 12 percent over list price and it was accepted. I know this sounds weird, but I think you have to get out of the frame of mind of responding to list and offer what you truly believe is the right offer. It might be more it might be less than list. I say figure out what its worth to you and offer that, based on whatever criteria u think matter, including but not limited to the comps your gut interest rates your spouse your emotions how nice the place is whether it’s actuallybunique in a good way etc.

[scaredyclassic]

I offered 12 percent over list price and it was accepted. I know this sounds weird, but I think you have to get out of the frame of mind of responding to list and offer what you truly believe is the right offer. It might be more it might be less than list. I say figure out what its worth to you and offer that, based on whatever criteria u think matter, including but not limited to the comps your gut interest rates your spouse your emotions how nice the place is whether it’s actuallybunique in a good way etc.

[scaredyclassic]

I offered 12 percent over list price and it was accepted. I know this sounds weird, but I think you have to get out of the frame of mind of responding to list and offer what you truly believe is the right offer. It might be more it might be less than list. I say figure out what its worth to you and offer that, based on whatever criteria u think matter, including but not limited to the comps your gut interest rates your spouse your emotions how nice the place is whether it’s actuallybunique in a good way etc.

[scaredyclassic]

I offered 12 percent over list price and it was accepted. I know this sounds weird, but I think you have to get out of the frame of mind of responding to list and offer what you truly believe is the right offer. It might be more it might be less than list. I say figure out what its worth to you and offer that, based on whatever criteria u think matter, including but not limited to the comps your gut interest rates your spouse your emotions how nice the place is whether it’s actuallybunique in a good way etc.

[sdrealtor]

Exactly scaredy. there are no rules because listing prices can be very arbitrary. if its underpriced a lowball would be silly. If its overpriced a 20% lowball could be appropriate. Bottomline, figure out the comps and try to get a good deal based upon them.

[sdrealtor]

Exactly scaredy. there are no rules because listing prices can be very arbitrary. if its underpriced a lowball would be silly. If its overpriced a 20% lowball could be appropriate. Bottomline, figure out the comps and try to get a good deal based upon them.

[sdrealtor]

Exactly scaredy. there are no rules because listing prices can be very arbitrary. if its underpriced a lowball would be silly. If its overpriced a 20% lowball could be appropriate. Bottomline, figure out the comps and try to get a good deal based upon them.

[sdrealtor]

Exactly scaredy. there are no rules because listing prices can be very arbitrary. if its underpriced a lowball would be silly. If its overpriced a 20% lowball could be appropriate. Bottomline, figure out the comps and try to get a good deal based upon them.

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