This is a........ MYTH!
The Truth: This is risky in today’s competitive market. If you make a lowball offer and bank on receiving a counteroffer, you may be waiting a very long time! You may never get another chance, especially if multiple offers on the house are almost at or above the asking price. Besides, offering a low price can insult and disrespect the seller, which isn’t always the best way to start a pleasant transaction.
