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Updated over 3 years ago on . Most recent reply

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12
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8
Votes
Jacob Martinez
8
Votes |
12
Posts

Seeking advice on cash offers

Jacob Martinez
Posted

If I see a listed property such as land and want to bid a cash offer below 10% of the asking price, do I just send my offer to the listed realtor or try and contact the actual owner if possible to discuss the super low cash offer bid?

Most Popular Reply

User Stats

127
Posts
111
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Laura Marks
  • Real Estate Broker
  • Independence, MO
111
Votes |
127
Posts
Laura Marks
  • Real Estate Broker
  • Independence, MO
Replied

Can I ask what you do for a living? I'm curious because, as a Realtor, I wouldn't try and do your job. The fact that you don't know how to submit an offer, speaks volumes. 

You do understand what our market is doing right now, correct? As a buyer you don't have to pay anything, so why not hire a professional that will help you get the land that you want. Hopefully, they'll let you know you're crazy for asking 10% of asking on land. I say that with all due respect, but that's not how our market is working right now. 

  • Laura Marks
  • 8165921185

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