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Updated about 8 years ago,
Don't delay, be "Offensive" today! MLS lowball offer discussion.
https://www.biggerpockets.com/blogs/8070/53186-dont-delay-be-offensive-today
See my new blog post about low-ball offers, and how not even the SELLERS always know when they are about to accept an offer. Don't be afraid to offend the agents. This is your business and your job is to get deals where the numbers actually work.
I recommend that all investors work hard to get off-market deals, but if you are on the MLS, then here is some food for thought.