Motivated Sellers on the MLS - would you make an offer?

[Pam N.]

I did a search on the MLS for active listings that had the word "motivated" in the description and I was surprised to see there is a lot on there, quite a few have been sitting on there for a while. I know that likely means the houses are overpriced...

So, if there's a house for sale at $500,000 and it is worth $375,000 ARV.... would you bother making an offer of 70% of ARV if the description says "extremely motivated" and it has been for sale for over 3 months? What about if there are expireds that were "motivated"? Do people just write that to get a multiple offer scenario or do they usually actually mean they are motivated?