Presumably the seller&#x27;s agent, who is profiting from this phenomenon, is the one advising the sellers on the market, what is a good price, what is an acceptable offer, etc.. You can&#x27;t expect the average seller to have their pulse on the market in the same way agents do. It appears that there is a good chance that the selling agent knows that the house could be sold for more, while at the same time advising his clients that it is an acceptable offer.<p>While the decision is ultimately up to the seller, I believe the agent is obliged to act transparently and in the best interest of their client and whether that is happening here is not clear.