Right, selling a property might actually be a fairly good application of this model, I agree - you shouldn't leave a property listed for too long, and together

Right, selling a property might actually be a fairly good application of this model, I agree - you shouldn't leave a property listed for too long, and together with the feedback from your agent you should get a meaningful estimate of how many offers to expect in that period. I'd be curious to see the agent's reaction when someone actually implements that and flat out rejects all the first offers.