How do you convince a seller to accept a low offer?

How to get a seller to accept your lowest offerConnect with a local real estate agent. Don't insult the agent by giving them a list of comparable sales. Show that you have done your homework. Make notes on each sale that compares it to the property in question.

Perhaps the most expensive houses had remodeled kitchens. If the home you want to buy is out of date, reduce a reasonable amount from the seller's list price to reflect the remodeling work. Try to find out if the seller has a problem that you can be the solution to. Does the seller need the buyer to be flexible about the move date, move as quickly as possible, or sell the house as is? Lewis says.

If you are willing and able to help the seller, you can give them an edge against the competition. Even once you've saved the money for a down payment on a home, you have to find a home that meets all your needs (and maybe some will, if you're lucky), maybe sell your current home, and have the sellers of your dream home accept your offer. There's no guarantee that they're ready to accept, but you can bet they'll be a little more eager to sell by then. This tactic of bidding below the asking price can sometimes result in big savings for the buyer and a faster sale for the seller, but it takes a little thought to get it right.

Although sellers generally want prices close to their selling prices, slow market conditions or a home that has been for sale for a while sometimes motivate the seller to accept a low offer. If there are no current offers on the home and it has been on the market for more than a few weeks or if you are not in the best time to sell your home window, sellers may be desperate to find a buyer.