King or Queen of Lowballing?

[Jack Fernandes]

Hey all, since many of us are cooped up in the house, and since I am new and want to engage with the community, I figured I'd ask this fun question:

Who would consider themselves to be the King or Queen of lowballing? 

I know that many consider lowballing to be a bad thing, but I come from the school of thought that a property is only "worth" what someone is willing and able to pay for it, at the time that it is being sold. With that said, I consider myself to be a coupon clipping, money-saving, value squeezing, bargain hunter and I get inspired by hearing stories of people who scooped up properties for great prices. I do the same in the stock market. 

Does anyone have fun or inspiring stories about offers they've had accepted, due to whatever reason, that came in super low from the ask or comparable sales? I'm talking like 25% or lower, like a property listed at $1m that someone closed at $750k without there being some kind of major structural damage found in the property.

Any tips for coming in super low that you all have found to work, or at least, keep the negotiation table open and hot?

Let's hear em', folks. King or Queen of successful lowballs!