Austin Real Estate Blog - Austin Housing Market Blog

Home Sellers: Responding to Low Ball Offers

home hand shakeIn real estate, we often find ourselves debating what constitutes a Low Ball offer. We don't consider any offer 10% below the asking price a low ball - however, some disagree. Assuming a home is priced reasonably close to market value, and assuming comparable homes nearby aren't "flying off the shelves" in 10 days or less in a hyper seller's market, we consider anything above 10% off the asking price to be a "starting point."

No... it's not an "ideal" offer - but it's certainly not an offer that should be dismissed.

When is a "Low Ball" Offer Not Too Low?

Technically speaking, a "Low Ball" offer on a home is an offer that is significantly under the true Market Value of the home, and the general consensus is about...

Waterfront Homes

Search Austin's waterfront homes and condos for sale.

View Waterfront Properties
Luxury Homes

View luxury properties available in the the Austin area.

Explore Luxury Living
Free Market Analysis

View properties for sale in golf course communities in Austin.

View Golf Course Properties