You are here:About>Home & Garden>Home Buying / Selling> Market Facts & Trends> Glossary> Glossary L> Low-Ball Offer
About.comHome Buying / Selling
Newsletters & RSSEmail to a friendSubmit to Digg

"Low-Ball Offer"

From Elizabeth Weintraub,
Your Guide to Home Buying / Selling.
FREE Newsletter. Sign Up Now!
Definition: An offer for substantially less than the seller is asking. That amount can vary depending on the marketplace. Generally speaking, a low-ball is 10% or more below list price and involves some sort of strategic negotiations.
Examples: Sometimes buyers who can't afford to pay market value make a lot of low-ball offers and end up buying nothing.
 All Topics | Email Article | | |
Advertising Info | News & Events | Work at About | SiteMap | Reprints | HelpOur Story | Be a Guide
User Agreement | Ethics Policy | Patent Info. | Privacy Policy©2008 About, Inc., A part of The New York Times Company. All rights reserved.