Strategy for offering well under asking price?

[Rick Dreyer]

There are a lot of homes in our area that are I feel like are overpriced, and therefore are sitting on the market for a while

Wanting to get some of your advice as to offering the seller well below the listing price. Do you think it is best to be up front before seeing the house in person, and letting them know you think it is overpriced, and asking if they are flexible?

Or is it best to see the property, take a good analysis of the property, and give the sellers a low offer afterwards?

Thanks in advance!