Do you ever offer asking price?

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Hello, I was just wondering if anyone ever offers full ask on an investment property with there first bid? If not is there a rule of thumb people take after on the first after (5% or 10% below list price for example)?

It depends on the market. I’ve offered above asking when the competition is tight and the numbers still work.  I don’t expect to get a chance to make a second offer whether it’s buying directly from the seller or through an agent.