REI Virgin - First time Flip

[Mems Chita]

I have found a flip that is currently in unlivable condition through a realtor. The house is so out dated it has a non working boiler furnace in the basement, the roof leaks, needs new bathrooms floors kitchen cabinets and just some good old rehabbing. I’m up for the challenge but my realtor is telling me I can’t offer below the asking price because of the market right now. Is this true? or is she taking advantage of a virgin. HELP!!