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Updated about 2 years ago on . Most recent reply

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26
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5
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Josh Wallin
  • Reno
5
Votes |
26
Posts

Need an offensive offer starting point

Josh Wallin
  • Reno
Posted

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? 

Most Popular Reply

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680
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644
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Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
644
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680
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Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
Replied

@Josh Wallin

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.

  • Dustin Allen
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