What does it mean to be "lowballed?"?

Question

I saw this in an article and I think I know what it means, but here is the word in context:

"An agent's worst moment, says Greenburg, comes when he requests a figure and the other person quickly agrees. That proves he was lowballed."

Answer 1

Someone under bids you or
you under bid yourself. He reguested a figure (too low)
and was accepted quickly.

Answer 2

I found this:

When You've Lowballed
Yourself in Negotiations

Question: During a second interview, the employer asked my earnings requirements. I gave a range, and he agreed to the top number. Later, I learned companies typically pay more for this job. Can I bring up salary again?

Answer: Before interviewing, candidates should know three numbers. The first is the market rate companies pay for the job. This is typically stated as a minimum, midpoint and maximum salary. At big companies, new hires are usually paid along this spectrum based on their skills and experience. Smaller companies may have less formalized salary structures. The second number is the amount you want to be paid annually. The third is the minimum you will accept.

Now I understand it. :)

Answer 3

Lowballed means asking well below the actual worth of something. E.G. When you go buy a car you always lowball the salesman on your initial offer so you can meet somewhere in the middle where you actually want to be.

Answer 4

Main Entry: low·ball
Pronunciation: 'lO-"bol
Function: transitive verb
1 : to give (a customer) a deceptively low price or cost estimate
2 : to give a markedly or unfairly low offer
- lowball noun