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Updated almost 2 years ago on . Most recent reply

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7
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Kelsey Cole
4
Votes |
7
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How to avoid offending an owner but coming out happy with a price

Kelsey Cole
Posted

I am hoping for some advice from a seasoned group of people. I am currently looking at acquiring my first property. This is an off market duplex that I found while walking around an area I was interested in. I was able to find out that it was listed a year ago and the listing expired after 6 months. The owner absolutely wants to sell. Here is where I’m struggling. Obviously I want a good deal on the property but my realtor is advising me not to “lowball” the owner. I totally understand what she’s saying but I am not 100% comfortable at the price point she is recommending. What should I do? I don’t want to offend the owner but I want to be comfortable with numbers. Any advice is extremely appreciated!

Most Popular Reply

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267
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297
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Trevor Richardson
  • Real Estate Broker
  • Reno, NV
297
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267
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Trevor Richardson
  • Real Estate Broker
  • Reno, NV
Replied

For an off market transaction you want to come in at the max number you would pay. If it doesn’t work, on to the next deal.

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