Low-ball Offers

[Anonymous]

Realtors and sellers are in for great surprise if they think that homes are going to sell of those high listing prices that we’re all seeing. The housing market is BAD all over the country, no matter what sellers and realtors say. Most listings are tens of thousands to hundreds of thousands too high for this market.

Make an offer on the property for what it is worth to YOU. It is not uncommon for offers to come in $75K to $100K+ less than listing prices on $500K homes. In past markets a few thousand lower than list price was considered to be a low offer, but now that’s not even a place to start.

Many realtors try to say that the housing market has hit bottom. Unfortunately, that is not the case, as it won’t hit bottom for years. The longer properties linger on the market, the more the sellers will lose unless the sellers are willing to sit on those eggs for seveal years.

All of this is so hard for sellers to swallow, because they’re usually attached to their homes and have overinflated perceptions on what their property is worth. But make that offer anyway on what the property is worth to YOU.

In fact, many properties are now selling for substantially less than tax assessed value and/or mortgage value.

[Anonymous]

Realtors and sellers are in for great surprise if they think that homes are going to sell of those high listing prices that we’re all seeing. The housing market is BAD all over the country, no matter what sellers and realtors say. Most listings are tens of thousands to hundreds of thousands too high for this market.

Make an offer on the property for what it is worth to YOU. It is not uncommon for offers to come in $75K to $100K+ less than listing prices on $500K homes. In past markets a few thousand lower than list price was considered to be a low offer, but now that’s not even a place to start.

Many realtors try to say that the housing market has hit bottom. Unfortunately, that is not the case, as it won’t hit bottom for years. The longer properties linger on the market, the more the sellers will lose unless the sellers are willing to sit on those eggs for seveal years.

All of this is so hard for sellers to swallow, because they’re usually attached to their homes and have overinflated perceptions on what their property is worth. But make that offer anyway on what the property is worth to YOU.

In fact, many properties are now selling for substantially less than tax assessed value and/or mortgage value.

[donaldduckmoore]

My advice, if you really want to sell the house, go with whoever higher, don’t be too greedy. I had it before and I did not accept the offer and there were lower offers afterward once you missed it. No one will pay higher in this market. It will continue to tank little by little and eventually you may not be able to see any 1.15M offer anymore. Good luck.

[donaldduckmoore]

My advice, if you really want to sell the house, go with whoever higher, don’t be too greedy. I had it before and I did not accept the offer and there were lower offers afterward once you missed it. No one will pay higher in this market. It will continue to tank little by little and eventually you may not be able to see any 1.15M offer anymore. Good luck.

[donaldduckmoore]

My advice, if you really want to sell the house, go with whoever higher, don’t be too greedy. I had it before and I did not accept the offer and there were lower offers afterward once you missed it. No one will pay higher in this market. It will continue to tank little by little and eventually you may not be able to see any 1.15M offer anymore. Good luck.

[donaldduckmoore]

My advice, if you really want to sell the house, go with whoever higher, don’t be too greedy. I had it before and I did not accept the offer and there were lower offers afterward once you missed it. No one will pay higher in this market. It will continue to tank little by little and eventually you may not be able to see any 1.15M offer anymore. Good luck.

[donaldduckmoore]

My advice, if you really want to sell the house, go with whoever higher, don’t be too greedy. I had it before and I did not accept the offer and there were lower offers afterward once you missed it. No one will pay higher in this market. It will continue to tank little by little and eventually you may not be able to see any 1.15M offer anymore. Good luck.

[WantToSell]

I don’t want to give the address of my property since I’m sure it will get totally bashed! I don’t see too much positive reaction to anything on this website except when it relates to the downfall of others!

[WantToSell]

I don’t want to give the address of my property since I’m sure it will get totally bashed! I don’t see too much positive reaction to anything on this website except when it relates to the downfall of others!

[WantToSell]

I don’t want to give the address of my property since I’m sure it will get totally bashed! I don’t see too much positive reaction to anything on this website except when it relates to the downfall of others!

[WantToSell]

I don’t want to give the address of my property since I’m sure it will get totally bashed! I don’t see too much positive reaction to anything on this website except when it relates to the downfall of others!

[WantToSell]

I don’t want to give the address of my property since I’m sure it will get totally bashed! I don’t see too much positive reaction to anything on this website except when it relates to the downfall of others!

[donaldduckmoore]

We are indeed in a negative market so everyone is negative.

[donaldduckmoore]

We are indeed in a negative market so everyone is negative.

[donaldduckmoore]

We are indeed in a negative market so everyone is negative.

[Author]

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