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Reply to "Is it worthwhile to put in a low offer?"
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[quote=Anonymous]Went to an open house this weekend in a vacation location and house is a bit bigger than we would need for a second home but neighborhood we want and would be great. House has been on market since November 2023 and overpriced. Went under contract in May then relisted again in June. We know realtor and she encouraged us to put in an offer as sellers need to move to a different state and house is too big as they are older and need out. We told realtor with rates being higher, we couldn’t afford the current price and wouldn’t want to insult. Realtor insists we put in an offer. Our offer would be so low that it would be at tax assesed price. Original Listing of $2.5, already down to 1.79 and we are thinking an offer of 1.1. We are better off not putting out our low offer right?[/quote]
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