Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

4
Posts
0
Votes
Abe Woods
0
Votes |
4
Posts

how low can my offer amount be

Abe Woods
Posted

I am new to the CRE market. I saw a property (It is in the NJ/Phili. area) that interests me, with a list price of 2.25M. I cant find any guidance as to how much is the least I can offer and still be taken seriously. Meaning, lets say I feel I would buy it for 2.1M. but of course I would rather pay less, the least possible, obviously. If I offer 85% of asking (1.9M), am I being to greedy and risk turning the seller off? or is that still within the "normal" negotiating range? as they say "how low can I go"?

Thank you in advance,

Loading replies...