How Much Below Asking Price Should You Offer on a House in NYC?

What is a reasonable offer on a house? Generally speaking, offers should not be less than 10% of the asking price for a reasonably priced listing. The answer will vary based on how reasonable the listing price is. If there’s been a significant price reduction and the house is now priced to sell, then a reasonable offer may well be the new listing price. If a listing is priced sky high vs the market, then there may be no point in making an offer at all since the seller is clearly unrealistic. We’ll discuss all these scenarios and more in the following article.

Making an Offer on a New Listing

Making an Offer on a Stale Listing

What Is an Unreasonable Offer on a House?

How to Win a Bidding War in NYC Real Estate (2019) | Hauseit® New York City

Making an Offer When the Listing Price Has Been Reduced

Are Real Estate Offers Binding in NYC? (2019) | Hauseit® NYC

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