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10 Reasons Real Estate Buyers Want to Low Ball, Steal the House, and Stick It to the Seller
Janet Guilbault provides some common sense in her post about making low ball offers, and why it might not be such a good idea.  In a Southern California market where homes are selling at or near 100% of list price, it makes no sense to try to lowball an offer on an already discounted price.
What is the biggest misconception in the mind of the guy about to make an offer on a house? 
This seller must be absolutely desperate to sell this house. I will ignore the asking price, because all houses are priced with plenty of negotiating room. Sellers expect low ball offers in this market. Any seller would be lucky to have me buy their house. It can't be a good buy unless I am able to steal the house. If this offer doesn't go through, I'll just keep on low balling until I get another house. I am a brilliant negotiator. If the seller won't take this offer, I will walk away for a few weeks and let them stew until they do. No one else would want this house, anyway. No one pays full price in this market unless they are stupid. The sorry state of our ... more

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