Kathy Streib If the buyers make up the gap between the appraised value and the contract price, it all works.

Agreed - setting an offer deadline after receiving 25 offers is ... well ... you know Scott Godzyk 

No, I'm going to say that the best sell first & the rest just kinda languish. Languishing = 30 days which is not bad at all. I'd verify what that appraiser said by your own MLS.