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This is true. The bloke I worked for a few years ago rang a Vendor and told him he had an offer - just to see what his reaction would be (to see if he could condition him down). I think in every r/e transaction (by all parties), the % of truth to lies is probably around 20%. :D

Hang on - aren't all you investors making these low offers those same investors who are greedy, and forcing up the prices?