While not mentioned in this article, perhaps real estate agents are also insisting that buyers bid over the asking price thereby inflating prices.<p>Last week I was told by my first buyer agent he would not write my offer despite being 3% ABOVE the asking price for property that listed that day. I then called the listing agent for the same property who insisted she wouldn&#x27;t write my offer unless I offered 25% above the listing price. We eventually negotiated to 10% above as my first offer.  There are only 10 offers on the property so it isn&#x27;t as if they were flooded with buyers.<p>Is anyone else finding your own buyer agent or even the listing agent refusing to write an offer if it isn&#x27;t well over the asking price ?<p>Note I am in the SF Bay Area.