This is a beginning...

I so agree with you!  Rated a big, deserving 5!

It's a Good Life!

Fran Rokicki, Clubnet~Mentor

The real challenge is when we are working with a selling agent who has not properly counseled their buyer to the current market conditions or is showing their buyer homes out of the price range they can afford...then claims this is the buyers best offer because it is all they can afford.  I agree about getting offers that can be worked out but with low offers the willingness for the seller to negotiate can diminish rapidly.

True enough! The low offer may be the only offer that you get!

I'll probably be submitting a low offer this week for a couple. I feel kinda bad giving it to the agent, but in all reality its a great offer according to comps. I just wish the agent would let the sellers know that. It won't appraise for much more anyway. We'll see how it goes.

Thanks for the positive spin on a low offer.

I agree with Sam and have had this experience quite a bit lately.  I also agree with Sherry that if the comps bear your offer out the seller is the one that needs an education not the buyer.  I got several comments on my blog earlier today about over priced listings.  So I guess LOWBALL is relative to how the property is priced in the first place.

It's all how you state it to the seller - you need to be positive when presenting it. I usually tell my seller's that the buyer needed to start somewhere and felt this was the best start to get the ball rolling and is anticipating you to counter them. I also let them know I understand their first reaction is to reject, but let's no do that, let's work this one through. As you said, "Low offers are better than no offers" - very well said!

I have to agree. When I negotiated my house purchase price, I intentionally gave a low price, it took several days and a lot of back-and-forth, but eventually we hashed it all out.  I've had the home for 11 years now!