I’ve been making 2-3 electronic offers per day lately on behalf of buyers, and most go nowhere – usually no response at all.
I don’t mind doing it with clients with attitude, but if you really want to buy something, don’t be surprised if it takes being within 5% of list price.
Like outtamojo said, it is an incredibly hot market, and the competition usually ends up pushing the well-conditioned homes over list price.