08/22/2026
๐ก How low can you realistically offer on a property?
There isnโt a magic percentage below asking price.
Before recommending an offer price, I look at:
โ๏ธ Recent comparable sales
โ๏ธ How long the property has been on the market
โ๏ธ Price reductions and listing history
โ๏ธ Current competition and offer activity
โ๏ธ The condition of the property
โ๏ธ The sellerโs circumstances, where known
A property that has been reduced significantly isnโt automatically a bargain โ and a low offer isnโt necessarily a good offer.
The goal is to determine what the property is worth today and where there may be an opportunity to negotiate.
Thinking about buying or investing? Iโm always happy to help you look at the numbers before you make a move.
JMG Brokerage Inc.
Beyond the Transactionโข