Low-Ball Offer

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Low-Ball Offer

An offer to buy something for an exceptionally low price. For example, if the asking price on a house is $200,000, a potential buyer may make a low-ball offer of $125,000.
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In light of the Board of Directors and the Special Committee accepting the low ball offer price implied by the initial announcement of the 0.
If you want to make a low ball offer please don't waste my time or yours," his ad says.
However, buyers should not take this signal of reasonableness as an invitation to charge in with even further low ball offers on already softened prices.
And if you don't know current market pay rates, how can you negotiate low ball offers or proffered peanut pay increases?