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Updated about 2 years ago on . Most recent reply
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Need an offensive offer starting point
Asking price $799,000. 214 Days on market. Original list price $925,000 in 7/2022. Owner purchased in 2020 for $538,000. Listing agent says sellers are very motivated. Is $650,000 a good starting point for an offensive offer and try to get a counter to see how motivated they truly are? Where would you start?
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You didn’t list any numbers relating to comps or true value of the property. If you can present a low offer and show why that makes perfect sense in the current market, you can skip the whole offensive part and get right to putting a deal together. Figure out what number makes this a deal for you and start planning your strategy from there.