Last Year 10% of Realtors said they were receiving low ball offers on listed homes.
Offers usually submitted by the buyer was for 25 percent or more BELOW the list price. This number has dropped Drastically.
According to a survey this March of 4,500 agents and brokers No Realtors complained about low ball offers. The main problem now a days is the Sudden drop in inventory of for- sale homes has led to fewer homes available to sell.
For Home Buyers who still think they have a chance of hitting it LUCKY with low ball offers, they are finding in many markets that their offers are more than often being rejected or countered closer to the original asking price.
More homes are being realistically priced !
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