When Lowballing Backfires in Jupiter Real Estate
You finally find the Jupiter home that checks all the boxes. It is listed at $2.0M. You decide to come in at $1.6M, hoping for a bargain. The seller does not even counter. A week later, you hear it went under contract to someone else, for around $1.9M. Your “bargain” strategy just cost you the house.
In high-demand segments of Jupiter, an unrealistically low offer can kill a deal before it starts. Many sellers here are financially comfortable. They are not forced to grab the first lowball that comes in. Some even feel insulted and would rather wait than negotiate from a ridiculous starting point.
Yes, every buyer wants a deal. And if a property is clearly overpriced, a bold offer might be warranted. However, there is a big difference between negotiating and throwing a dart at the board. Savvy buyers research recent sales and come in with fair and firm offers. They know the goal is to get the house, not to win a haggling contest.
The bottom line: if you genuinely want the property, lead with a serious number. Lowballing in Jupiter can backfire and leave you on the outside looking in. Need a clear read on a home’s value? I have you covered.
