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Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
10
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Nick Zito
  • Flipper/Rehabber
  • Wa
10
Votes |
5
Posts

Why do realtors hate putting in lowballs for you?

Nick Zito
  • Flipper/Rehabber
  • Wa
Posted

I’m not saying all, but the majority scoff at the idea of putting in a lowball for you. Does it give them a bad rap or something I’m not aware of since I’m not an agent? I agree in some markets it’s not appropriate but I’m looking at a property that’s been listed for 6 months, needs allot of TLC, it’s the owners investment property also, and vacant. Why the heck not? My math only works at 60k less than asking price but I can’t find an agent that doesn’t think I’m being “rude.” What don’t I know??

Most Popular Reply

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17,478
Posts
30,165
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,165
Votes |
17,478
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Here is a question.....are you willing to pay someone for the time it takes them to write up the offer and put it in?  Whenever someone asks me to write up a lowball that I know has no chance of going anywhere, I tell them its $500.  Funny that no one takes me up on that. I guess they know its $500 essentially flushed down the toilet.  They dont mind asking someone else to waste their time, but they dont want to put their own money or time up to accomplish their goal.

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