One of the unfortunate truths of the real estate market right now — for sellers at least — is that it is a buyer’s market. If you are selling a home, you may have to decide to take less than you would like. It’s not fun, and that is why many sellers are running into the problem of “sticky” home prices.

One of the mistakes that sellers are making right now is pricing their homes too high, and refusing to lower the prices. This is tough, because in some cases sellers owe more on their mortgage than they can get for their home. They feel like they “have” to get a certain price, and that results in them holding their ground and potentially missing out on a sale.

If you are in no real hurry to move, and selling isn’t a pressing need right now, you can afford a “sticky” home price. However, if you have to move for one reason or another, it makes sense be a little more flexible on your price, and maybe even ask your mortgage lender to approve a short sale.