The number one question Buyers ask their agent is “how long has the house been on the market?”
If your home has been on the market too long, Buyers will begin to think there may be something wrong with the house. They may wonder why someone else hasn’t made an offer. It is normal for them to think they are in the drivers seat, and they will try to negotiate a better price. It is just human nature to think this way.
The single most important factor to consider when selling a house is pricing the house correctly; it's picking the right price tag: how much your house is worth. If you overprice your overprice the house you will lose the freshness of the home's appeal after the first two to three weeks of showings. After 21 days, demand and interest wane. On the other hand, don't worry about pricing it too low because homes priced below market value often will receive multiple offers, which will then drive up the price to market.
Pamela-Real Estate Romantic