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the problem is that the agent might be telling the truth (and yes im winning lotto tonight) and if in that one in a trillion chance, they arent lying, then you have shot yourself in the foot and missed out on a property that might go for less then your max price its a cat and mouse game, and...

I love it how about 60% of these times (in my experience) they bark all these conditions such as "you will only get one chance to submit, you must provide your highest offer, no furhter negotaitons will be entered too" blah blah to only contact you a few days after asking you to raise your offer