seller upset that I offered too low

[Daniel Nguyen]

multi-family listed for 119,500 and I did the analytical data and offered 90,000 and apparently the seller was “pissed” and didnt even counter offer. Is there a thing as offering too low in real estate ?

[Joe Villeneuve]

The answer is.....it depends on what you mean by "too low".

If you mean "too low" to get the deal accepted, then yes...but so what, you never offer based on what it takes to get the deal...you offer is based on what it takes to make money.  If the offer is "too low" to get the deal, and the seller is "pissed", so what.  It's only an offer.  The seller can say "no"...and move on.  They're not obligated to take it, and they can counter.  If they are so upset they don't counter, then you were never going to get this property at a cost that worked for you anyway...so move on.

I guess the real answer is, "so what".