I've put an offer in for a property.....

Discussion in 'The Buying & Selling Process' started by JK200SX, 4th Aug, 2015.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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    Yep. If its a market going nowhere, an offer of 550k for a property marketed at 575k is sweet for the vendor. If its a hot market, you'd probably have no chance as a buyer.
    I'd say low balling would be offering something like 510-525k.
     
    Gockie, 7th Aug, 2015
    #61
  2. The Y-man

    The Y-man Moderator Staff Member

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    We just bought an IP for $720k.... was originally advertised for $865k

    Remember it can be agents feeding unrealistic figures to the vendor as well....

    The Y-man
     
    The Y-man, 7th Aug, 2015
    #62
    ellejay and Sackie like this.
  3. Sackie

    Sackie Well-Known Member

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    Vaucluse, Sydney.
    Nice one y man! !
     
    Sackie, 7th Aug, 2015
    #63
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