Tonight was a sign of times past. Times when lowball offers were a common occurrence. Times when we grew to expect the type of offers we hesitated to present. But this time, I called my home seller without hesitation.
You see, I knew this 5 bedroom, 4.5 bathroom totally remodeled home was not worthy of the offer presented. My 20 years in business tells me that this caller thought he knew the market. He didn't have an agent representing him. He had bought "100 properties" on his own and didn't need his own agent. Fine, I thought.
After returning his call, leaving a voicemail, I repeated what I had told him before. This home has been on the market for 2 days and my sellers will not accept this low offer. There are other similar listings priced much higher.
Are the headlines creating low ball offers?!