Advertiser Disclosure

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which may receive compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.


Dig Deeper


Become a Money Crasher!
Join our community.

Is It Wrong To Make A Low Ball Offer?

The real estate market is down. We all know that. Since real estate agents have been dying to make a sale, they’re now pitching the slogan that it’s a “buyer’s market” right now. They’re right, you can find great deals right now on newer construction and properties in pre-foreclosure. We have been looking around for houses in the Orlando, Florida area. This area was hit very hard by the housing downturn. Every other property is either in pre-foreclosure, bank-owned, or a short-sale. We found a few properties that we love. They tastefully renovated, but it appears that speculators weren’t able to flip the property quick enough. Now, they are desperate to sell, and we’re wondering how desperate.

My wife and I were wondering if it’s wrong to offer 25% to 30% less than the asking price just to see what happens. We’re not trying to insult the seller or his/her property. We’re just curious to know if they would accept the offer. Real estate agents are always hesitant to send in low-ball offers. They don’t want it to start a trend in the neighborhood, and I think they feel embarassed sending in low offers. But, some sellers are eager to dump the property, and the low-ball offer may be the only one they’ve received in months.

Sign up for an account at Simple by 7/31/19 4:59 PM PT and get up to a $500 bonus and 2.02% APY (with qualified activities).

What are your thoughts? Do you think this is wrong? Do you think sellers take offense to it? Should we care if they do take offense to it? Are we putting the agent in a bad position?

Edit: I was just reading Free Money Finance’s blog and he addresses this same question. I just wanted to make sure you know that I wasn’t trying to copy him. This was purely coincidence!

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

Next Up on
Money Crashers

Amazon Prime Day Coming Soon

Amazon Prime Day 2019: How to Get the Best Deals

What is Amazon Prime Day? It's a day-long (or longer) extravaganza of exclusive deals for Amazon Prime members. During this sales-fest, the world’s biggest retailer will slash prices on a wide variety of items — some of them by as much as 50%. To get the most out of Prime Day, it pays to plan ahead — researching deals, deciding what to buy, and keeping track of when sales pop up. By preparing for Prime Day in advance, you can get the most for your money with minimal hassle.
Six Figure Income Jobs

11 High Paying Six-Figure Jobs Without a College Degree

While many aspire to go to college after high school, not everyone can, or should, head straight to university. Family issues, a lack of...

Latest on
Money Crashers

Sign Up For Our Newsletter

See why 218,388 people subscribe to our newsletter.

What Do You Want To Do
With Your Money?