3 types of Low Ball Offers (and how to respond to them)

3 types of low ball offers and how to respond to them

So you got a “Low Ball” Offer…Unfortunately, “low ball offers” are more common than you may think, particularly among investors. A “lowball offer” is an offer that is far below a home’s asking price (sometimes ridiculously low—but the value of “low” is in the eyes of the recipient). There is not really a benchmark for how low an offer is to be considered a “low ball,” but believe me, if you receive one, you’ll know!

So…how should you respond? Should you tell them where they can stick it? Continue reading