Another option is to pull your house off the market and wait for the market to improve.
Finally, if you who have no equity in the house, and are forced to sellbecause of a divorce or financial considerations, you could discuss ashort sale or a deed-in-lieu-of- foreclosure with your lender.
A short sale is when the seller finds a buyer for a price that is belowthe mortgage amount and negotiates the difference with the lender.
In a deed-in-lieu-of-foreclosure situation, the lender agrees to takethe house back without instituting foreclosure proceedings. The latterare radical options. Your simplest, and in many cases most effective,option is to lower the price.

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