Presenting my first deal on a Property

[Michael Vieira]

Hello all! I am looking to purchase my first property and I would like to know how much flexibility I have in bidding the price lower than it's listed at if the property has been on the market for 2 years. (Listed, expired, then listed again, then extended, then extended again). A percentage would be helpful. Like how much lower (percentage wise) than the listed price would be a reasonable offer if the owner has been trying to sell the property for 2 years. Although I am confident I do not have much experience and do not want to blow the deal.