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In the real estate business, a "low-ball" offer is an offer far below what the average price for a home should be for the area. For example, if a $100,000 home in your area should sell for 98% of list ($98,000), a low-ball offer would be $80,000. It is used most commonly by investors looking to make a fast turn on a FSBO (for sale by owner) property that has no Realtor representation. In some cases a property is listed at an artificially high value so that overly enchanted buyers have the opportunity to pay more than market value, or because the seller or agent has overestimated interest. An investor can measure the market and offer to purchase at a much lower price, potentially saving the sellers from a stagnant listing. A low-ball (also, lowball) offer is a negotiating gambit that expresses interest, yet indicates skepticism of the range set for the asking price. A low-ball can come with other incentives: no contingencies, cash offer, quick closing. If you can find common ground, then a deal can be put together. If the seller still believes in the original price range, a simple "no, thank you" will send investors elsewhere.
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What actors and actresses appeared in Lowball - 1994?
The cast of Lowball - 1994 includes: Romano Orzari as Romeo
What are the release dates for My First Place - 2007 Lowball Bidders Get Lucky 16-15?
My First Place - 2007 Lowball Bidders Get Lucky 16-15 was released on: USA: 20 August 2011
How much should a mechanic charge you for changing a transmission on a 1991 Honda Civic if you provide the transmission?
Around $250-300 lowball should be expected, though $400 would not be out of the question (in my opinion).
On the name your own price travel website what happens if you put in one dollar for your price?
$1 will surely get rejected but you are not far off. Ive noticed that you can learn to beat the computer of Priceline rather effectively. When you put in a lowball bid, it will suggest a more realistic bid. For example, you want a rental car for 4 days and you throw in a $30 bid for the whole time. It will suggest something far closer to their normal rate - say $120. Keep your lowball bid but maybe bump it like $5. Submit it - it will be rejected. Go back in and readjust the timing - say you wanted to pick up your car at 11a, pick it up at noon. Adjust the bid nominally higher, say to $50 - chances are you will get it. The system seems to favor rebids and will gladly award lowball fares. That's my two cents.
What is the present tense of offer?
I offer you offer he/she/it offers we offer you offer they offer
How many calories in a twist ice cream cone from mcdonalds?
150 according to them. Studies have shown they lowball that figure
Thinking of purchasing car £18K what should be my starting offer It’s a used car and I want to get it at a good price?
When it comes to making an offer on a used car, there are a few things to consider. First, take a look at the car's market value. Check out the Kelley Blue Book website for an estimate of what the car is worth, based on its make, model, year, condition, and mileage. This will give you a good starting point for your offer. Next, take a look at the seller's listing. Are there any features that make this car particularly desirable, such as low mileage or a recent service? If so, you may want to factor that into your offer. On the other hand, if the car has some issues, like a cracked windshield or a dented bumper, you can use that to lower your offer. Finally, remember to be realistic. You don't want to lowball the seller, but also don't be afraid to negotiate. Start your offer at least 10-15% below the market value, and be willing to negotiate up from there. Most sellers are willing to come down in price, so don't be afraid to haggle. With a little bit of patience and careful negotiation, you should be able to get the car for a good price.
What is the future tense of offer?
The future tense of offer is will offer.
Why cross offer is not an offer?
offer
The opposite of to beg?
to offer to offer to offer
What is the effect of a counter offer on the original offer?
the original offer is revoked by counter offer
What are the kinds of offer?
there's: friendly offer .....kind offer
