There is another buyer…
Competition increases value. Agents know it, and they use it to achieve a better price. That’s their job after all.
What is harrowing as a buyer is trying to work out the legitimacy of the agents often made claim that “there is another buyer”.
As a buyer, if you swallow the “we have another buyer” message hook, line and sinker, it can cause you to react irrationally and potentially overpay. To dismiss the threat entirely can cause you to miss out on your dream home.
In a strong market, buyer competition is expected. There is little doubt that you will need to produce the goods in a timely fashion to secure your new abode. The reverse is often expected in a soft market.