Short Sale Hurting the Market!

A new term we have come to know as realtors is short sale. People just see a great price and don't realize that the asking price is not an accepted price from the bank.
As a listing agent you can not find out what price the bank will accept until you have a valid offer. The only way to ensure yourself of getting an offer is to price the property low. Once the property gets an offer the property finally gets looked at by the bank. MONTHS LATER, you might actually get a response, most likely a counter offer that is higher then asking and totally unrealistic.