Paying cash for a home does make you a strong buyer and the fact that your offer is not subject to the usual loan approval processes, such as appraisal, underwriting conditions, etc., the time factor shortens quite a bit and makes your offer more solid, provided that you include a proof of funds with your offer. However, this being said, the price may drop some or not at all, it depends how the property is priced comparably to other homes that have sold recently in that area or neighborhood that are most like it and who the seller is and what the payoff needs are of the seller. If it is a bank owned home for example, the bank has predetermined what they need to have for a bottom line by doing broker price opinions on the current active and sold market values and even an appraisal or two to determine the list price. Because of this, they usually stay at, near or above the list price. Every market is different. If you come in lower, perhaps you may want to offset the price by offering a short closing date, showing a strong good faith deposit or other considerations.