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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
But King Kong Boxing ruled out the prospect, accusing Joshua's promoter Eddie Hearn of making 'low ball offers' and accusing him of using Ortiz as 'a gimmick'.
"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." (The costliest deal Luxhabitat was involved in last year was for Dh60 million.)
And if you don't know current market pay rates, how can you negotiate low ball offers or proffered peanut pay increases?
Coming Soon signs, in their opinion, are attracting low ball offers from real estate investors or buyers that are trying to submit an offer before the property's full value is realized.