Lowball an offer.
Lowball an offer.
The phrase 'lowball an offer' rolls off the tongue in scenarios of negotiations, particularly in sales or deals. Imagine you're looking to buy a vintage car that you know is valued at about $30,000. However, instead of matching the price, you throw in an offer of $20,000. Here, you're doing more than just haggling; you're 'lowballing'—essentially using a strategic, albeit risky, low offer in the hope that the seller might just bite. This tactic can either make or break a deal, depending on how desperate or flexible the seller is. It's a savvy move to master, especially in high-stakes trading environments, as it requires knowledge of value, timing, and negotiation psychology.
They tried to lowball an offer for the house.
They attempted to purchase the house with a very low offer.
We had to reject the lowball offer straight away.
We immediately refused the very low offer.
It's common in negotiations to start with a lowball offer.
It is common in negotiations to start with an intentionally low offer.