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Updated over 1 year ago, 06/27/2023

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59
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17
Votes

Offering below asking price

Posted

I’m new to real estate and haven’t made an offer yet. I keep finding properties that don't make sense at the asking price, which I’m sure is common. For example, I found a pretty decent property but they’re asking way too much. They’re asking $385k but the only way I’d get a good deal is around $330-345k. Do I offer that or do I just walk away? 

They bought it 2 years ago at $305k, so they’d still make a profit.


Any advice?

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