There are a thousand reasons. You very likely know why your offer was rejected. The lack of fabric in your question suggests you have ulterior motives other than making a competitive purchase offer.
You need to offer FMV and limit your contingencies. Buyers with FHA/VA backed loans are not competitive. Recognize that and compensate for this handicap if necessary. You need to be at the front of the line which means you need to make a commitment to your agent and get on the 'A-List." Do what you agent advises as opposed to soliciting the opinions of strangers on the internet and your chances of making a home purchase will improve.
Best of success to you.
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
Many times it is the terms more than just the price.
Did you have a pre-qualification letter? (a must)
Was your price at asking or higher? (higher wins)
How much money were you putting down? (all cash deals win - even if your going to finance it) I
Inspection? (no inspection wins)
Closing date? (quick closing wins)
So as you can see the more wins you have the better your chances of your getting the property.
The questions to ask yourself :
Are you working with a Realtor ?
Is this your dream home ?
Have I put the best possible offer together ? timeline, purchase price, contingencies etc
However, that rarely happens.
I would contact a local real estate professional to help with this answer and to save time and money.
(Not me, I'm on the Cape, but I can help you choose a local pro if you want help doing so.)
(Please note: when you choose an answer as a Best Answer, or at least give a thumbs up, it helps those who answer questions here.)
Best of luck on future offers!
The market has been tipping more in favor of sellers in recent months. You may need to find a Buyer's broker who knows the market and can competently advise you on the price and conditions ro make your offer viable.
If you can, try going back with a higher price.