One of the most interesting and yet sometimes complicating factors in buying and selling residential real estate is the involvement of significant emotions, well beyond the purely financial aspects of a transaction.
The offer/counteroffer/negotiation process, While negotiation and deal making are things I enjoy, they produce a visceral discomfort for many. Here's some research addressing offers at levels considered lower than what is "fair:"
Lowballing That Offer? That's Going to Stress You Out - Forbes
The article includes a link to the original research. Call me if you need a strategic negotiator! -David