“Low Ball Offer = Offer significantly below asking price”
A low ball offer is when a buyer submits an offer significantly below your asking price.
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Possible Reasons
Why do buyers do this? Here are a few reasons:
1. Testing the Waters: They might be testing the waters to see how low you’re willing to go.
2. Market Conditions: They believe the market conditions favor buyers and think they can get a deal easily.
3. Property Perception: They perceive the property needs significant repairs or updates.
As a seller, receiving a low ball offer can feel disappointing.
Watch my next video to know what you can do as a seller when you receive a low ball offer.
For any real estate inquiries Call me at 647-512-2302 #offer #realestate #realtor #seller #home #realestateagent #turningkeysunlockingdreams
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