Learning the HARD way...
Join Date: Jan 2007
Location: Boston / Ft Myers Area
Thanked 162 Times in 159 Posts
Rep Power: 10
... Also, the reason that I suggest that he offer 80% (or more if it is really worth it), or tell the broker that he will take a pass is; 80% is a serious offer. If he looks at a sunfish that some guy is asking $10K for, and he feels is only worth $100, he shouldn't bother wasting anyone's time with offer/counter etc...
On the other hand if he sees this Ericson 27, and it is in pristine condition, and the guy wants $3500 it, his offer should be at, or above asking price.