Find a good agent who is willing to make lots of offers for you and be prepared to get a lot of rejections, but you should find enough deals to keep the cash flowing for both you and your agent."

I find this is generally true over time, although you may get a deal in the first 10 calls and then may have to wait for call 50 to get the second for example.That is a lot of rejection so stick with it.

if they reject it, itll open the door for you to resubmit the offer a little later down the line when they figure out pricing.or get a couple friends to submit rediculously low bids.

Learn from each experience and do not take rejection personally. 

As far as criteria for acceptance and rejection, sometimes you have to set those to accommodate the neighborhood.

Come back to this thread in a week and tell me that you've had at least ten offers rejected and I'll believe that you're trying.b) Have been thinking of selling their house, but don't believe that it is in a condition that is ready to sell.c) Didn't know how much they wanted to sell their house until you came along.If they've already spruced up the house, called a realtor and listed it, you're very unlikely to get a steal without some hard work.

In the end the offer just gets rejected so you have wasted several months and lost other opportunities.4.)

For me it is a balancing act, if I want the property and it makes sense on paper I don't want my offer to be rejected.

We told him to do it.The next day he came back and said that the bank rejected the offer because we didn't submit the addendum...I don't know if that was true or not, but there wasn't much else I could do.So, it appears that sometimes the listing agent will require an addendum with the offer, but this is pretty rare...That said, REO listing agents often have their own version of the contract that you must use, so make sure you check before you submit an offer.

Most standard RE contracts have a block for an EM Note.If a property is listed with a broker, many brokers will not allow a contract without EM, or they will counsel their client to reject the contract until EM is deposited in some way.One loss that can be suffered is the loss of the RE Commission to the broker.What if a buyer has an inspection and the buyer faile to pay for it?