It's pretty common to see a home on the market for a relatively high rate to start.  The owners are likely looking to get a hit for that high price and make a bit of extra money.  If no one bites, the owner will then lower the price. 

While this might be a good strategy on paper, it might actually back fire a bit.  Let's look at it in a bit more depth. 

 If you don't sell the house at the higher price, let's be honest...will you ever be able to recreate the hype when your home was the new house on the block for sale? Your house could take longer to sell.

 As usual, just be smart, do some research and you'll likely be happy with the transaction.