Just know that an offended seller might not want to negotiate with you any further if they can go with someone not trying to undercut them. 'And fyi 10% is not a lowball offer. 30% would be.
“In a buyer's market, I would not hesitate to submit an offer that's around 10% below asking,” advises Chris Cloud of Exit Heritage Realty in Haymarket, VA. “Most sellers will at least see that as worthy of a counteroffer.”
While you are legally allowed to buy land on your own, having the expertise of a real estate agent or REALTORⓇ who specializes in land sales can heighten your chances of finding the right property for your needs. Some of which could include: Purchasing land as an investment property. Finding a property to build a house.
Introduce yourself. Provide basic information about who you are and the position that you're applying for. Explain why you're a good fit for the job. Research the company's culture, mission statement and recent accomplishments. Provide examples of past accomplishments. Encourage the reader to look at your resume.
Consider working with a financial advisor as you make the decision to invest in a real estate asset. Address the Seller By Name. Highlight What You Like Most About the Home. Share Something About Yourself. Throw in a Personal Picture. Discuss What You Have in Common. Keep it Short. Close the Letter Appropriately.
Tips For Writing An Offer Letter For a House Confirm You Can Submit A Letter. Address The Seller(s) By Name And Introduce Yourself. Highlight What You Like Best About The House. Keep It Short. Avoid Talking About Planned Changes To The House. Don't Talk About Financials. End With A Thank You. Proofread Your Letter.
In fact, even in recent years, despite higher interest rates, the Salt Lake City real estate market has remained relatively stable, with stagnant or slightly increasing median home prices. Looking ahead to 2025, appreciation is expected to continue, making it more likely that home values will rise.
You can always offer 20-50% under asking.