In today's market, price is the biggest factor in whether or not a home will sell.
If the house is in good condition, in a good location, but is not selling... price is the issue. You must be honest with the seller regarding the price it will take to get the home sold. This goes for normal sales and foreclosures - whether you're dealing with a bank or Mr. Smith, be honest of the value of the property and what you think the price needs to be to sell.
It doesn't matter how much marketing you do, how many showings you get or how open houses you hold, if the price is not right, the home will not sell in this market.

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