I thought this was pretty funny, but maybe not for you if you are (were) a buyer who has been embroiled in multiple offers. I’ve been through this myself and it is an emotionally draining process. When you are in a multiple offer situation, you can lose control in getting the best price for the house. Sometimes, multiple offers means that the house was underpriced, sometimes it means that it was just an overall awesome product. Either way, the question you must ask yourself is “how am I going to feel if I get this house, or if I don’t get this house”. That will help guide the aggressiveness of your offer. Remember that if you have to offer substantially over the list price, you may get some protection from an appraisal. Also remember that offering 1-2% over asking price often has a minimal impact on your monthly payment.