Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

117
Posts
57
Votes
AJ Satcher
  • Investor
  • Atlanta, GA
57
Votes |
117
Posts

Are there any Risks in Submitting an Offer?

AJ Satcher
  • Investor
  • Atlanta, GA
Posted

Is there any risk in just submitting an offer?

Context: Apparently this seller will allow viewing only if an offer is submitted. Weird, but I am really interested in seeing it. Doesn't mean I actually want it as of now

Most Popular Reply

User Stats

902
Posts
550
Votes
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
550
Votes |
902
Posts
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
Replied

As an agent I do not like people submitting an offer who do not fully intend to close at the same time I think I dislike sellers like this more. I am unsure what they are expecting other than low-ball, high contingency offers. If you like the area, how it looks outside and in pictures and would strongly consider buying it I would submit an offer and maybe discount what you think its worth by 10-15% with an inspection contingency, financing contingency, clear title contingency and would probably give them a term like (5 days to review leases and confirm they are satisfactory to buyer)

business profile image
Jared Hottle Real Estate
5.0 stars
4 Reviews

Loading replies...