Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Question from a buyer's perspective
Hi gang. I'm a noob investor but my family is going through a sale of a departed relative's house.
It just went on the market a day ago and the first couple offers have come in. We listed it at $170k per realtor suggestion. The offers both came in at $150k and they're both investors.
In your experience, how likely are they, as investors, to negotiate? My gut says if they came in at $150 there is room to negotiate up to at least $160.
I know there are a lot of other dynamics in play but I thought getting some input from other investors would be valuable.
Thanks.