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Updated about 3 years ago on . Most recent reply

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12
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8
Votes
Jacob Martinez
8
Votes |
12
Posts

Seeking advice on cash offers

Jacob Martinez
Posted

If I see a listed property such as land and want to bid a cash offer below 10% of the asking price, do I just send my offer to the listed realtor or try and contact the actual owner if possible to discuss the super low cash offer bid?

Most Popular Reply

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127
Posts
111
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Laura Marks
  • Real Estate Broker
  • Independence, MO
111
Votes |
127
Posts
Laura Marks
  • Real Estate Broker
  • Independence, MO
Replied

Can I ask what you do for a living? I'm curious because, as a Realtor, I wouldn't try and do your job. The fact that you don't know how to submit an offer, speaks volumes. 

You do understand what our market is doing right now, correct? As a buyer you don't have to pay anything, so why not hire a professional that will help you get the land that you want. Hopefully, they'll let you know you're crazy for asking 10% of asking on land. I say that with all due respect, but that's not how our market is working right now. 

  • Laura Marks

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