So, my advice is to come to terms with this fact and make your offers above list price by $5,000 to $10,000 depending upon your financing requirements. If you are all cash then you could come in at list price or better. If you are a 20% down conventional financing buyer then offer $5,000+ over and finally, if you are FHA or are asking for closing costs to be paid by the seller then count on your offer going to bottom of the stack as far as relevance to the seller's ultimate pick or kicked to the curb all together.
This is absolutely true and from a Broker who oversees many agents struggling to get their offers seen, much less accepted. It's a numbers game and if you play your cards right, you'll snag that dream home you've been looking for. It's a whole new ballgame right now even if it is viewed as a mini-bubble in the market. Once more foreclosures are released for sale by the banks this situation may settle itself down and buyers will have a little easier time procuring their next home.
Hang in there! Prices have not been this low for quite a few years. It's an exciting time for buyers.
Diane Wheatley, Broker
The Rock Realty Group, Rancho Cucamonga