hi everyone... i just needed some advice about buying a condo. i got approved for a mortgage last week (yay!!) and i found a condo that i really like...it has 2 bedrooms, 2 full bathrooms, walk in closet in master bedroom, laundry room, dining room, living room, kitchen, bay windows in the 2 bedrooms, and a balcony. it's across the street from tennis courts and basketball courts and it's only a 10 minute drive to work (and there are 3 different ways to get to work, which is nice because there is always traffic in the area). the asking price is $245000. i offered $235000 but my real estate agent only did a verbal offer to the seller's agent. he got back to me last night saying that the seller's agent said that they had another offer for $235000. my question is...how do i know if they're bluffing? it seems a little shady because he only did a verbal offer instead of doing the formal written offer and having the sellers do a counter offer. i know that they work on commission and it would benefit the real estate agents if they sold it for a higher price. anyway, this is my first time buying and i'm not sure how i should proceed. by how much do you usually increase your offer? my dad said to offer $235500. i'm going to head out to the municipal complex in a little while to take a look at their residential sales book to see how much condos have been selling in the area. thank you in advance for anyone who can give me advice.