Do you Match your Preapproval amount to your Offer?

[Bryce Jamison]

On a recent episode of the BP podcast David Greene recommended matching the amount on your preapproval letter to match the offer price so a listing agent doesn't automatically think they can get more from you. This seems reasonable, but a local, successful realtor that I highly respect says listing agents won't see a higher approval amount and take this to mean you will pay more. They even said if you're only approved for the exact offer amount your offer is less appealing because you're at the top of your credit limit and could pose a higher risk of not closing compared to someone who has more wiggle room in their approval amount.

I know every listing agent could have their own opinion, but does anyone have any strong opinions one way or the or, or are there things I'm not considering?