[quote=Mugums] I watched numerous properties that I liked sit for awhile around that time last year and eventually sell for less than asking. BUT.. I have also seen a few that didn’t sell come back on the market recently for 40K more. I’m annoyed. [/quote]

I get annoyed by asking prices, too, but it will only matter if those houses *sell* for 40k more. A few times we’ve gone to an open house just to ask the person sitting there what is up with the price. Every time they’ve said, “The seller set this price, the agent knows it out of line.” One agent we like advised us to “beat the price drops” with early offers even if much lower than asking, because once the price drops you’re up against other offers.