Real Estate Glossary | What is Low-Ball Offer??

Q: What is Low-Ball Offer?

A low-ball offer is an initial offer that is significantly lower than the asking price for a property. These types of offers are often made in the hopes of negotiating a better deal, but they can also be seen as an insult to the seller, and if the property is in high demand it's more likely to be rejected by the seller.

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