I agree with Mike. When a house is new to the market or was recently added to the sales inventory, interested buyers are going to offer very close to asking price. If a home has been on the market for 45 days or more, buyers generally start 'low-balling" offers. At this point sellers will reduce their price, but often higher than the offer, and the chasing begins. Houses generally sell about 92-96% of asking price. Until you get to the "right" sales price, chances are you won't get offers. And if you do, they will probably be "low."