Tina,
I think Mr. Bailey hit many points, as did the other who answered your question. However, without knowing your situation, I can tell you that what I have read from the answers here is what I would also recommend. LOWER your list price. If you cannot afford to do that, then expect to sit on the market longer.
It may not be what you want to hear, but it is the truth. If you cannot compete with Short Sale, and Lender Owned property prices, you will be sitting on the market until they sell. I know most homeowners cannot afford to price their home that low. However, if you do not lower you list price by at least 5% you will probably be waiting for your current home to sell well beyond your new homes completion.
In addition, the backyard pictures should be updated. If you grass is green, have your agent take a new picture and replace the old one. Remember that a higher end home, and higher end home buyers expect more for their money. Staging your home, and having a Video tour, and some other avenues might help as well.
Another agent here said that people are trying to find a steal of a deal. And I agree. That is why we all recommend a price reduction. After you lower your price talk with your realtor and find out what he has done to market the home and see what other avenues you can take to market you home to higher end home buyers. - Sun Mar 23 2008, 10:55