I hear this phrase so much! 

I have tried to explain to people that it just does not work this way. 

In a slow market, buyers are looking for the best buy out there.  They read the same newspapers that we as sellers read.  They know that there is a lot of inventory, prices have dropped and there is usually someone who is very interested in getting their property sold and will be aggressive in pricing their property.

A prospect will also look at all of the other comparable properties and will make an offer on the one property that they feel is the best VALUE.  They only make an offer if they feel that the property is a great value.

If you have not gotten an offer on your property, it usually means that the house is overpriced.  People are still buying homes – we don’t have them standing in line, but we do have some who are buying homes.