Are you putting in cash offers? All it takes is for one other bidder to submit a cash offer, it doesn't matter how much higher you are going, believe it or not, the cash offer wins. And like Kathy said, Hud generally will only go 10% less than asking price, although depending on the area, like our big cities, they are taking just about any offer on some of those.

You can check your Hud site to see if your agent is actually regisyered with Hud. What does the agent tell you that is going on? With each failed bid, you should be able to see what happened as you can look up the bid results and see who won the bid and for how much. I bet your agent is skimming more commission off the top especially since you are offering several thousand dollars over asking price. Buyers agents already receive a 5% commission, I wonder if your agent is gettin greedy. You might want to look up another Hud agent on that site to work with.