What Do We Owe Our Buyer Clients In This Market?

I think it's really important to explain to buyers that in spite of the market, most sellers are not giving their homes away.  If buyers have the expectation that offering a $300,000 seller $200,000 is going to get them a sale, they are sadly mistaken.  In the vast majority of cases, if a buyer thinks a seller is grossly overpriced, they are better off watching that listing and waiting for some price reductions.  But truthfully, if a seller was going to take $200,000 for their home, they wouldn't be pricing it at $300,000.  Common sense must prevail in this market, or a lot of people will end up very disappointed.  I am saying this after receiving just such an offer over the weekend on one of my listings.  Of course, my seller was not interested in even countering the offer.  The buyers' agent sounded a little frustrated at the rejection, probably because her buyer was wearing her down writing up unrealistic offers all over town.  As for buyers who get suckered into taking these foreclosure seminars, real estate investment seminars, etc. and pay serious money for these courses, they really need to put themselves in the sellers' shoes and logically think about whether someone is going to readily take an offer 33% below their asking price.  If the seller would, wouldn't their own agent offer to buy that property??!!