Question:
“Are there any good ways to figure out if a seller is likely to come down in price?”
Answer:
Here’s the simplest way:
Ask (or have your agent ask) the seller’s agent how much the seller will come down!
Unless the seller’s agent has specific permission from the seller (almost never happens), it’s a gross ethical and legal violation of an agent’s duties to reveal if they would accept a lower price.
But it happens every day.
And I’d say you’ve got a about a 50-50 chance of getting some good, actionable information.
In case you were wondering, you would be breaking no rules by asking this question. And your agent wouldn’t either, unless he or she worked for the same real estate broker as the seller’s agent.
