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Regardless of how the laws are written, housing prices will be able to fluctuate and people will find ways of offering more than the asking price by having little add on items to their offers. They will get creative.
People will always try and get a little more for their house, it's special in some way to them. Or they think they can get extra because someone else thinks it's special. Whatever, the reasons, they will try and get the most for their house possible.
That being said, as a buyer, it's simple. Do your own research. It's your largest purchase you will ever make, *DO* research. Find out what it's value is. Offer that value, or less if you think you can get it.
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what do you guys do to piss off the realtor who says 'we already have 6 multiple offers' ?
#housing