Lowballing is a negotiation tactic where one party offers a significantly lower price or value than what is expected or reasonable. This strategy is often used to gain an advantage in negotiations, as it can lead the other party to reconsider their position or make concessions. In many cases, lowballing can create frustration and distrust between the parties involved. It is commonly seen in various contexts, such as real estate deals, car sales, and job offers, where one side attempts to secure a better deal by starting with an unreasonably low offer.