Working with an agent

[Jakub Bednarz]

Dear community!

I found a potential house that may be a good investment, but I need to offer a good amount below asking price. I found this house through an agent, and now I let him know what I would like to offer to the seller. Can he just ask the seller's agent if the buyer will accept that offer or do we need to immediately start this process through official paperwork?

[Russell Brazil]

If it's a lowball, I usually do so verbally so I don't waste everyone's time.