IN markets like SF or Orlando or DC, you may need to offer MORE than list price.
If the list price is below market value you may need to offer MORE than list price.
If the tangible assets are signifiganly superior to competing homes, you may need to offer more than list price.
So what is your goal. to submit offers, find a place to live, get an investor deal, actually buy real estate?
This is important to know. You communite that you think there is only ONE way to buy a house (low ball). You would be wrong.