If you think a house is way overpriced, can you offer 15% below asking? I’m embarrassed to even ask my real estate agent but this house has been listed at $440k for 90 days and their is a comp right next door that is much better for $380k (top end of my budget). I went to their open house and the selling agent said we were the only ones who showed up.

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You can always quote it to your agent - it is your money after all. However 1) the seller may / may not accept that offer OR may quote a number in the middle 2) does the house next door have the same amenities as the one you are looking at ? Is the square footage the same. I have seen houses in the same complex go at different rates (e.g., one had an A/C vs another did not).

Go for it. Rule of thumb is anything 20% below is probably not worth offering.

I will talk to my agent and I will go for it but get ready for a counteroffer so plan your strategy before hand. Good Luck

Ask your agent to pull comps in the area on that home. Specifically ask your agent to pull list price and sale price. Base your offer on those numbers.

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