Hey there, I’ve had my home on the market for over 100 days now. It’s got a lot of saves and views on Zillow, but only two actual in-person tours. I’m wondering if maybe the pictures and description aren’t doing it justice. Could that be why people aren’t coming to see it in person?
My realtor seems to think the price is right where it should be. He doesn’t think dropping it by 100k or even 150k would make a difference in selling it. He’s pointed out that other homes around the same price range have lowered their prices and still haven’t found buyers. He’s even suggesting we take it off the market until February, saying we’re up against new builds that are drawing more attention.
When we signed with our realtor, we were told this home is unique and might take some time to find the right buyer. We’ve already paid off the mortgage, so the only costs we have now are for maintenance. It was supposed to be our new home near my husband’s new job, but it’s been a financial strain since we would have been able to buy a new home without getting stuck with a 5.75% mortgage if we had sold this one.
We’ve looked into renting it out and were told we could get a maximum of $2500 in rent. Is it worth considering that option and hiring a property manager? I’d love some advice on the pictures and description, as well as whether it’s a good idea to take it off the market until spring.
Any input would be greatly appreciated. Thanks!