So you may be thinking the South Florida housing market is cooling off, prices are leveling off and sellers are a bit more anxious. You’re thinking it must be a good time for a low ball offer. After all who knows what kind of steal you can come up with? According to Urban Digs, there are some things to keep in mind before making such a bold offer:
1) Observe the subject property
2) Has the seller reduced the price?
3) Has the seller reduced the price more than once within a short time?
4) How long has the property been on the market?
5) What did the seller pay for the property?
Remember the object of this game is to keep all parties happy.
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