Is it because your listing price is too high? Maybe. While a buyer could make a lower offer, most serious buyers won't make offers on an over priced property. This is due to the fact that the current market is saturated with available homes, and why would anyone bother to bid on an over priced home when the house down the road is more accurately priced?

In some cases, buyers won't make a low offer on the home because they do not wish to offend or insult the seller. Normally a buyer will wait for a reduction in the listing price. Since buyers tend to be more familiar with the local market, it's becoming increasingly more difficult to find buyers willing to pay more than market value.

Putting an unrealistic price on your home can send the wrong message to agents and their prospective buyers. They may receive the impression that you are a difficult seller, or one who may not truly wish to sell the home. Buyers tend to be extremely busy, and looking for a home to purchase can be incredibly time consuming, so most will decide that they do not have the time deal with an unrealistic seller.

If you discover that you've priced your home too high, correct the issue as soon as possible. New listings tend to receive the most interest, and failure to correct issue this quickly can create a lack of interest among the agents and their buyers. Keeping your listing price to high can also hurt you in the long run, as these homes tend to sell for a lower price when it does sell.

If you've had your home listed for a few months and you have receive no interest, talk with your agent about it. Your agent should be able to tell you what other agents (who have shown your home), received for feedback from prospective buyers.

It may be that the current local market conditions are to blame. Are other homes just like yours selling? Should you revise your marketing plan? Ask your agent if homes similar to yours have been selling, and what the listing price and selling price was. This would be an effective way to re-evaluate the condition and pricing of your home. Keep in mind that no two houses are the same, and the pricing will be affected by what amenities each home offers.

With a buyer's market where there is no shortage of inventory, buyers tend to consider the listings with reasonable and competitive prices.

Occasionally, you might find that you need to address the condition of the property as well as the listing price. Reducing the listing price by five to ten percent could spark the interest needed to sell your home. Make landscape improvements before you announce the price reduction, and have your agent conduct another open house, both agent and public. These might seem like small issues to you, but it could make all the difference in the world to the hesitant buyer.