 And that's causing sellers in some instances to reduce their list price to make their properties more attractive. That's Corey Burr at TTR Sotheby's and Chevy Chase. How does a seller know when they're overpriced? The proof is going to be in the pudding. If they haven't gotten any offers in the first two to three weeks and the number of showings has been reduced, that's the market telling them that they need to make some kind of move to make their property more enticing.