When a seller gets a lowball offer, or an unreasonably low offer on the house, they should always counter. For the seller, the act of countering an offer tells the buyer that they’re still interested in selling to them if they improve the terms of their deal. For your reference, there are many reasons a buyer may make a lowball offer, including:
● They don’t believe the house is worth the listing price
● They’re uniformed about the market
● They’re not serious about buying the home
● They’re justifying the cost of repairs, renovations or improvements
● They’re testing the seller