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Should you put an offer below the asking price?

As a buyer, your initial offer on your dream home is like a first impression. While you want a great deal, going too low can leave the seller unlikely to even consider your offer or negotiate any further. While there is no exact science to putting in an offer below asking price, there are ways to try and improve your chances.

How much can you offer on a house below asking price?

Knowing just how much to offer on a house below asking price could help you buy a home and get a great deal. How low can you offer on a house? There is no hard-and-fast rule for how low you can go on a home offer, as it depends on whether you’re in a very competitive market.

When should you offer below 5%?

You may want to offer below 5% when you’re paying with cash or when the market is more balanced. While homebuyers are typically looking to save some money, making an offer above asking price is sometimes necessary.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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