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Updated about 2 years ago on . Most recent reply
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Loads of Lowball Offers
Is it a good idea to send 50-100 lowball offers at prices that cash flow? I don't mean real offers, I mean informal emails proposing a different price. Proof of Funds always attached of course.
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What a great way to waste everyone's time while getting yourself blocked by every seller, realtor, and broker you contact. First, an email is not an offer. Real investors make a real offer based on valuation. Proposing a new price? Did you ever consider that pricing is based on analytical factors that are customary in the industry? What you are proposing is amateurish, unprofessional, and unwelcomed. I offer this as not only a broker but as an investor as well. Learn the business and do business in a way that will earn you a reputation as a serious investor.