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  2. Low-ball - Wikipedia

    en.wikipedia.org/wiki/Low-ball

    When used by buyer, the low-ball is an offer for goods or services far lower than the price the buyer is willing to pay, made in the hope that the seller will at least counter-offer a price lower than the original asking price.

  3. Real Estate Experts: 5 Reasons You’re Getting Lowball Offers ...

    www.aol.com/real-estate-experts-5-reasons...

    The frenzied bidding wars of the pandemic-era real estate market are long gone. Home loans cost 7% today, and cautious buyers must make every dollar count. While there are still plenty of hot ...

  4. More homes are selling below asking price as inventory in the ...

    www.aol.com/news/more-homes-selling-below-asking...

    With few buyers in the market, price drops have become more common, and the typical US home is now selling 1.8% below its asking price — the largest cut in nearly two years, Redfin said. This ...

  5. 'Buyers Hold Most Of The Bargaining Chips': Top 10 Cities ...

    www.aol.com/buyers-hold-most-bargaining-chips...

    – Austin, TX: Median list price $624,900, sells 5.3% below asking – Tampa, FL: Median home listing price: $449,900, sells 4.9% below asking – Jacksonville, FL: Median home listing price ...

  6. Price on application - Wikipedia

    en.wikipedia.org/wiki/Price_on_application

    Perhaps the most nefarious use of the "price on application" term is as a mild low-ball technique. Even though no initial low price is given, the potential buyer might expect a reasonable price and proceed to enquire. The seller assumes a potential buyer is less likely to go elsewhere once the initial enquiry has been made. [1]

  7. Harvey v Facey - Wikipedia

    en.wikipedia.org/wiki/Harvey_v_Facey

    The Privy Council held that indication of lowest acceptable price does not constitute an offer to sell. Rather, it is considered a response to a request for information , specifically a "precise answer to a precise question" about the lowest acceptable price which the seller would consider .

  8. Metros where homes are selling for the most under asking price

    www.aol.com/metros-where-homes-selling-most...

    Of the homes that sold, 26.5% went above their list price, and the average price difference was 1.2% below asking. Stacker analyzed data from Redfin to see where homes are selling for the most ...

  9. Bid price - Wikipedia

    en.wikipedia.org/wiki/Bid_price

    A bid price is the highest price that a buyer (i.e., bidder) is willing to pay for some goods. It is usually referred to simply as the "bid". In bid and ask, the bid price stands in contrast to the ask price or "offer", and the difference between the two is called the bid–ask spread. An unsolicited bid or purchase offer is when a person or ...