hot housing market: What is a Lowball Offer in a Hot Real Estate Market? - 04/28/17 07:25 PM
 
It is a very hot real estate market with extremely low inventory. So a savvy buyer wants to impress, not insult the seller of their dream home. So what initial offer can insulting to a home seller? 10% less than asking? 5% less? A full priced offer with 3% of buyer's closing costs paid by the seller?
When housing inventory is as tight as it right now across the Minneapolis/St. Paul area, what is considered a "lowball offer" might be less than you think.
 
As a REALTOR® in the north and east Twin Cities metro, I have seen my share of sellers … (4 comments)

 
Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro (Boardman Realty)

Teri Eckholm

REALTOR Serving Mpls/St Paul North & East Metro

White Bear Lake, MN

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Boardman Realty

Address: 213 E 4th Street, 4th Floor #426, St Paul, MN, 55101

Mobile: (651) 336-7073

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Theresa "Teri" Eckholm/Boardman Realty assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.










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