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In this market buyers are thinking that there are many reasons to ask a seller to discount more than the low listing price. Most retailers are discounting, most of the service industry is discounting, so why can't I get a seller to reduce a homes price to a steal just for me?

Sellers, most of them, are moving and buying another home somewhere else, or find themselves having to sell for economic reasons. The listing price is usually set with expectations to sell quickly. This is not the case if a bank is selling...a foreclosure.  Buyers need to be careful thinking that they are a great negotiator when they offer a price much lower than the list price. This will hardly ever result in a serious sale.