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Old 04-29-2015, 10:38 AM
 
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if they legally have to submit all offers are there some that are just too ridiculous where they don't have to?

I mean if you offer $100 for a $150K home would they have to submit it?

Also if you lowball, but are reasonable you might get a good deal, you never know why the person wants to sell, maybe neighbor problems or other reasons where you might benefit by making a lowball offer.
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Old 04-29-2015, 10:48 AM
 
Location: Cary, NC
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Quote:
Originally Posted by so954 View Post
if they legally have to submit all offers are there some that are just too ridiculous where they don't have to?

I mean if you offer $100 for a $150K home would they have to submit it?

Also if you lowball, but are reasonable you might get a good deal, you never know why the person wants to sell, maybe neighbor problems or other reasons where you might benefit by making a lowball offer.
Yes, every offer.
I tell my sellers, "If they offer 8 bucks and a ham sandwich, I am going to present it to you. And, I will thank them for the offer."

The only exception is if the seller instructs me in writing that a certain threshold must be met, and I can refuse to the agent or buyer to present. But, I am going to let the seller know about the offer anyway.
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