This is how they generally work. They instantly want to save the commission plus 10%. So right there you are talking about 15% savings. Then they ask you what the lowest is that you would take. Regardless of what you say, they'll say that's too much and talk about advertising, rehab and closing costs. Then they will ask YOU again what the lowest is that you would take. If they feel they have gotten you down far enough (maybe another 10%), they'll still say it's not enough but will take it to their investors to see if they might be able to make something work and call you back in another week or two after you start to get even more nervous. They'll say the investors could only buy another 10% lower than what you said was the lowest you would go. If you agree, then they will come and see the place. That's when the price goes down another 10%. They will drag it out until the price is low enough, then they will close quickly.
You are a lot better off finding a good Realtor and listing your home 10% below market value.
at another 10% off.
I do not know your market.
These ads are from investors who want to purchase properties for 10-20% below market.
They usually can close within 30 days and sometimes have their own financing.
I suggest contacting some Realtors for advice. I do not know your personal situation. However, in all cases, obtain as much advice as possible, then after careful consideration, make your move. I would not let others know that you are desperate. This weakens your bargaining position.