The subject on "writing a low ball offer" in a buyer's market is aptly described in a blog post by Vancouver's Realtors Rob Chipman and Aaron Best.
"Lowball opportunities are now available, and their numbers will only increase in the coming months".
"Lowballs are a funny subject. They’re easy to talk about, but tough to pull off. In the first place they take a certain amount of nerve. In the second place, they’re a tougher offer to close than a non-lowball. There’s no reason why a buyer shouldn’t consider lowballing, however. Its not a tactic for everyone, and it involves lots of hard work and learning, but it can pay off handsomely".
You can read the full article below:
So You Want To Write a Lowball! (part 1), and the second part of the article:
So You Want To Write a Lowball! (part 2)
If you are a homebuyer, you may find some great buying opportunities in today's market. Whether you are buying a home in Richmond BC for your own occupation, or a second or third home for investment, you can view the latest Richmond market activities here.
If you have a specific real estate need, kindly contact me at 604-721-4817 or email me.
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