In this video, I go over what to do if you receive a lowball offer and how to respond to a lowball offer on your listing. If you list your home and it sits on the market for more than three months with no offers, you may encounter what we call a lowball offer. Do you know what to do if you receive an offer well below the asking price? Remember to analyze your situation as a whole before making a decision on what to do, and that the buyer making this offer probably intends to meet you in the middle somewhere between their lowball offer and your asking price. To learn how to respond to lowball offers, watch this short video.
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