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Why use the 1% rule when your goal is to buy at a discount?

If the 1% rule is a tool to quickly analyze listings, what’s the point if as a real estate investor you’re attempting to talk the seller down to a deal? Couldn’t all listings potentially be a deal and therefore the 1% rule is null and void? Like do sellers listing price not go down very much, so don’t even bother trying to talk them any lower or is stuff listed at a premium still worth looking into sometimes? Hope that made sense, thank you.

submitted by /u/Plenty_Employee8288
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source https://www.reddit.com/r/RealEstate/comments/11xdx6x/why_use_the_1_rule_when_your_goal_is_to_buy_at_a/
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