Look for "red flags" that increase your leverage, such as homes on the market for more than 5 weeks or listings that have fallen out of escrow multiple times.
Use a Comparative Market Analysis (CMA) to find similar homes that sold recently for less than the subject property's asking price.
Before making an offer, establish a data-backed justification for a lower price.
A successful low offer is often about more than just the dollar amount; it's about making the transaction as easy as possible for the seller.
Set a strict maximum budget before negotiating to avoid emotional overspending. 2. Strategic Offer Tactics